The political crisis in the Edo State House of Assembly has taken another turn after lawmakers formally impeached former Speaker Blessing Agbebaku, eight days after he announced his resignation. Agbebaku, who represents Owan West Constituency I, announced his resignation on August 17, 2026. However, the Assembly has now rejected the resignation, insisting that it was…
Tether CEO Paolo Ardoino says USDT has become an important part of everyday commerce and international trade in several developing economies. In a post on August 23, Ardoino said some developing countries are now relying heavily on the dollar-pegged stablecoin for both domestic and foreign trade, arguing that Tether’s financial-inclusion mission is becoming increasingly important….
Crypto wallet provider Phantom has announced that it will stop supporting the Sui network on September 24, 2026, giving users several weeks to move their assets or swap them into supported tokens. The decision was reached jointly by Phantom and Sui, according to Phantom. The company said the two projects remain open to exploring other…
A key U.S. immigration rule allows certain close family members of American citizens to apply for permanent residency without waiting for an immigrant visa number to become available. Under U.S. immigration law, immigrant visas for immediate relatives of U.S. citizens are unlimited, meaning there is no annual numerical cap on these visas. The category generally…
Cryptocurrency exchange Binance has restricted transactions involving 17 crypto-asset service providers and platforms, including three entities linked to Nigeria, as part of its latest compliance measures. The restrictions are being introduced in phases and are linked to regulatory and sanctions-related requirements across several jurisdictions. The Nigeria-linked entities are: Binance began applying restrictions to these platforms…
Coinbase CEO Brian Armstrong says stablecoins are giving people in countries with high inflation a new way to protect their money without leaving their home countries or stockpiling physical cash. Armstrong made the comments in a post on X on August 23, arguing that people living with unstable currencies have historically had limited options when…
Working at NVIDIA appears to have created extraordinary wealth for thousands of its employees, with an internal survey reportedly finding that 76% to 78% of workers are now millionaires. Even more striking, about half of those surveyed reportedly have a net worth above $25 million. The figures come from a June 2025 survey of more…
Germany has strengthened its position as Europe’s leading crypto-regulated market, with 79 crypto-asset service providers (CASPs) now authorized under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The latest figures come after the European Securities and Markets Authority (ESMA) updated its MiCA register, adding six German cooperative banks to the list of authorized providers. The…
Pakistan has officially opened its new virtual asset licensing regime, giving existing cryptocurrency businesses until September 5, 2026, to apply for regulatory approval or stop operating in the country. The licensing portal was launched by the Pakistan Virtual Assets Regulatory Authority (PVARA) as the country moves to bring its growing digital-asset sector under formal government…
After years of customer requests, Walmart is finally rolling out support for Apple Pay and other tap-to-pay options in the United States. The retail giant began introducing contactless payments at select Walmart and Sam’s Club locations on August 24, 2026, marking a major shift after more than a decade of resisting Apple Pay. The new…
