Caribbean
NFTs, payments and conferences: Crypto in Latin America in 2021
In 2021, Latin America saw a soaring rise in crypto adoption among the 20 countries and 14 dependencies that make up the region. A slew of conferences, associations, new regulations and nonfungible token (NFT) projects as well as the global bull market made last year an intriguing one for the region. Let’s take a look at some of the most interesting developments in the blockchain and cryptocurrency ecosystem in Latin America in 2021. Colombian financial firms partner with crypto exchanges Early in 2021, the Financial Superintendence of Colombia authorized several partnerships between banking institutions licensed in the nation’s financial system and cryptocurrency exchanges. The nine partnerships included major names from the cryptocurrency industry such as Binance and Tyler and Cameron Wi...
Leaked testimony from Haiti suspects says plan was to arrest, not kill president
A group of Colombians and Haitian Americans suspected of assassinating Haitian President Jovenel Moise told investigators they were there to arrest him, not kill him, the Miami Herald and a person familiar with the matter said on Sunday. Moise was shot dead early on Wednesday at his Port-au-Prince home by what Haitian authorities say was a unit of assassins made up of 26 Colombians and two Haitian Americans, plunging the troubled Caribbean nation into deeper turmoil. The murder and uncertainty about who hatched the plot is the latest in a succession of blows to hit the struggling country, which has appealed for international help. Washington has so far rebuffed Haiti’s request for troops, though a senior U.S. official said on Sunday that Washington was sending a technical team to assess th...
Haiti asks US, UN to send troops after president’s assassination
Haiti has asked Washington and the UN for troops to secure its ports, airport and other strategic sites after the assassination of President Jovenel Moise opened a power vacuum in the crisis-hit Caribbean nation, an official said Friday. The United States has already said it will send FBI and other agents to Port-au-Prince, two days after Moise was shot dead in his home. In the wake of the slaying “we thought that mercenaries could destroy some infrastructure to create chaos … During a conversation with the US secretary of state and the UN we made this request,” elections minister Mathias Pierre told AFP. The US State Department and Pentagon both confirmed receiving a request for “security and investigative assistance” and said officials remain in contact with Port-au-Prince, but did not s...
Nigerian government tenders foreign currency in ‘money laundering’ trial of ex-NAF chief
The Federal Government, on Thursday, tendered before the Federal High Court, Abuja, different currencies of dollars stashed in three bags as evidence in the money laundering charge against Air Commodore Umar Mohammed (rtd.) Counsel to the Attorney General of the Federation (AGF), Magaji Labaran, tendered the bags of money before Justice Inyang Ekwo while leading the only witness in the case, Stephen Olatubosun, in evidence. Newsmen report that Mohammed (1st defendant) and his company, Easy Jet Integrated Service Ltd (2nd defendant), are being charged with three counts bordering on money laundering, illegal possession of firearms and possession of classified documents without lawful authority. The retired air officer and his company are alleged to have received the sum of one million, thirt...
Véron Mosengo-Omba appointed CAF general secretary
FIFA has confirmed that Véron Mosengo-Omba will leave his role as Chief Officer of the FIFA member associations (MAs) division with immediate effect to take on the position of CAF General Secretary. Mr Mosengo-Omba initially joined FIFA in 2016 as Director MAs with responsibility for Africa and the Caribbean, and subsequently spent the past two years supporting all FIFA 211 MAs to implement the FIFA Forward development programme, as well as managing relationships with all FIFA MAs and continental confederations in his role as Chief Officer of the division. A native of the Democratic Republic of the Congo, Mr Mosengo-Omba was particularly involved in supporting the 54 African MAs in their FIFA Forward projects, in the development of youth and women’s football throughout the continent, and i...
Premier League terminate £490 million TV deal in China
The Premier League has terminated its TV rights deal with China, its biggest overseas contract, leaving a huge hole in clubs’ finances. The deal with Chinese broadcaster PPTV was worth around £490m and had lasted only one of its three years. The conflict is said to have been around a fee of £160m that the Premier League was owed in March but did not receive. “The Premier League confirms that it has today terminated its agreements for Premier League coverage in China with its licensee in that territory,” a spokesman said on Thursday. “The Premier League will not be commenting further on the matter at this stage.” It is not known if the conflict is based purely on money or involves the escalating political tensions between China and the UK government. Boris Johnson announced in July that Hua...
German foreign minister: EU veto ‘hostage’-taking on foreign policy must end
Germany’s foreign minister said on Monday the European Union should abolish the right of individual member states to veto foreign policy measures as the 27-nation bloc could not allow itself to be “held hostage”. His comments, which came days after a more junior official criticised Hungary by name, reflect growing frustration in Berlin at the way in which EU member countries can prevent the bloc from acting in matters on which almost all members agree. “We can’t let ourselves be held hostage by the people who hobble European foreign policy with their vetoes,” Heiko Maas told a conference of Germany’s ambassadors in Berlin. “If you do that then sooner or later you are risking the cohesion of Europe. The veto has to go, even if that means we can be outvoted.” His remarks amount to a highly u...