Today’s newsletter centers around Bitcoin’s fourth halving is set to occur tomorrow. There has been plenty of coverage and price predictions. Mick Roche from Zodia Markets provides a straightforward explanation of how the Bitcoin halving works, why it matters, and how it could potentially impact bitcoin’s price.

The History of Crypto interactive timeline allows users to explore every significant development across the crypto industry

The U.S. Securities and Exchange Commission has officially approved the United States’ first regulated spot Bitcoin exchange-traded funds (ETFs) — just one day after a false announcement posted from the SEC’s official Twitter account wreaked havoc on markets.

The Central Bank of Nigeria (CBN) has approved the Africa Stablecoin Consortium (ASC) to pilot the cNGN stablecoin in its regulatory sandbox. The new stablecoin is to be launched on Feb. 27, 2024. 

Mike Novogratz, the CEO of digital asset investment firm Galaxy Digital told investors he is shocked over the amount of regulatory attention for crypto rather than artificial intelligence (AI), a technology he believes will trigger a “deep fake” identity crisis.

The United Kingdom’s Chancellor of the Exchequer, Jeremy Hunt, laid out a number of reforms aiming to “drive growth and competitiveness” to the country’s financial services sector including efforts that support the crypto space.

Terrorist groups who have been excluded from the “formal financial system” are slowly turning to crypto to fund their heinous activities, according to Svetlana Martynova, the Countering Financing of Terrorism Coordinator at the United Nations (UN). 

By investing such a tremendous amount, GEM Digital will hold H20N tokens, which will be used to guide funding in water delivery infrastructure in areas that lack sufficient access to fresh water.

Novi’s website landing page has been revamped to inform pilot users that the platform will be decommissioned on September 1. This ends an eight-month-long pilot project that saw users based in the United States and Guatemala trial the cryptocurrency-powered payment platform

The Central African Republic has officially become the second country to adopt Bitcoin (BTC) as legal tender.