The Central Bank of Liberia (CBL) has issued a public notice to a local company to desist from promoting its digital asset product saying it is not only illegal, but also ‘intended to undermine the country’s financial system.’

This is the first time that Liberian regulators have taken a stand on cryptocurrencies amid the global interest and adoption of digital assets.

By extension, this also sets a precedent on the position of the financial regulator on cryptocurrencies in Liberia.

See details here: https://bitcoinke.io/2021/05/central-bank-of-liberia-issues-crypto-warning/

HAPPENING AT 11.00AM, EAT

A PRACTICAL INTRODUCTION INTO DECENTRALIZED FINANCE (DeFi)

We will be hosting Eugene Mutai today to take us through the interesting world of DeFi and how you can get started in this fast-evolving space:

Signup: http://bit.ly/BitKE-Catapult-51

A city in the U.S. state of North Dakota has begun accepting cryptocurrencies for utility bill payments.

The city’s finance director says, “We are the first municipality in the state of North Dakota, and the third in the nation, to offer this service.”

#BlockNewsKE

India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with crypto exchanges and traders.

Some banks in India have limited their exposure to the crypto market & some plan to stop all crypto-related transactions

#BlockNewsKE

[VIDEO BYTES with JANET]

In this video, Janet talks:

- Goldman Sachs wants to start trading crypto
- MasterCard survey reveals high crypto interest
- MoneyGram wants to bring #Bitcoin to ATMS

WATCH (2-min): https://www.youtube.com/watch?v=h-AJZyvq_Hc
(Be sure to subscribe)

The Binance Smart Chain (BSC) leading DEX and DeFi protocol, PanCakeSwap, has revealed that nearly 3.6 million $BNB is now locked as liquidity on the platform.

In other words, nearly 2.5% of the entire BNB supply, or more than $2.6 billion now resides exclusively on PanCakeSwap.

Below are just some of the reasons why this growth is happening:

https://bitcoinke.io/2021/05/pancakeswap-in-may-2021/

Ethio Telecom, the largest sole mobile operator in Ethiopia, has launched Telebirr – a mobile money service that allows user to send and receive money, as well as deposit and withdraw cash.

The mobile money service is similar to M-PESA, the Kenyan-based mobile money service, and is expected to offer an alternative to existing and inefficient banking system.

https://bitcoinke.io/2021/05/introducing-telebirr/

Samsung Galaxy smartphones now support the #Bitcoin hardware storage device, Ledger, with "more cold-storage wallets" soon.

Samsung Blockchain Wallet users will also be able to keep up with the latest trends in cryptocurrency with a dedicated newsfeed in the app

#BlockNewsKE

A popular international music festival, Exit, is now accepting cryptocurrency for tickets, products, and services.

This year’s 20th-anniversary Summer edition of the European event & online store already offers discounts for impatient music fans and visitors

#BlockNewsKE

After much controversy over its actual cash holdings, Tether has finally revealed its actual cash reserves and cash equivalents for the first time since 2014.

The breakdown of its reserves reveals that nearly 76% are in cash while the rest is held in other forms including bitcoin.

See full breakdown of its reserves here:
https://bitcoinke.io/2021/05/usdt-reserves-breakdown-reveal/

Prices, past 24 hours.

* Bitcoin: - 8.77%
* Ethereum: - 9.52%
* XRP: - 10.23%
* PolkaDot: - 14.25%
* Cardano: - 10.28%
* Dogecoin: - 6.92%

#BlockNewsKE

Bitzlato, the latest P2P bitcoin and ethereum marketplace into the African market, has initiated ‘The Bitzlato Crypto Community Programme.’

The programme is open to crypto community owners and the members as well looking to work with Bitzlato and offers plenty of opportunities for growth.

Perks exclusive to community owners include:

* Discount benefits to members

* Access to trading signals and market analysis

* Free withdrawal vouchers

* Merchandize to community

See details here:
https://bitcoinke.io/2021/05/the-bitzlato-crypto-community-partnership-programme/

Sony Interactive Entertainment has recently published a patent filed in 2019 for an esports betting platform that may accept #Bitcoin or virtual currency

#BlockNewsKE