Tether’s USDT Gains Approval as an Accepted Virtual Asset in Abu Dhabi

In a significant development for the cryptocurrency industry, Tether has announced that the Financial Services Regulatory Authority (FSRA) of Abu Dhabi has approved its U.S. dollar-pegged stablecoin, USDT, as an accepted virtual asset. This approval positions Tether within the regulatory framework of the Abu Dhabi Global Market (ADGM), a renowned financial-free zone in the United…

Former Kogi Governor Yahaya Bello Remanded in Kuje Prison Pending Bail Application

Justice Maryann Anenih of the Federal Capital Territory (FCT) High Court in Abuja has remanded Yahaya Bello, the immediate past Governor of Kogi State, to the Kuje Correctional Centre. This decision came after the court refused to grant his bail application, citing procedural irregularities. The Economic and Financial Crimes Commission (EFCC) has charged Bello and…

Russian Lawmaker Calls for Creation of National Bitcoin Strategic Reserve

The concept of a Bitcoin strategic reserve has taken center stage in recent months, igniting debates within the global financial community. This innovative approach to national financial planning gained significant momentum following an announcement by U.S. President-elect Donald Trump at the Bitcoin Conference in July. Addressing hundreds of cryptocurrency enthusiasts, Trump unveiled a vision to…