Posted inNEWS Regulations WEB 3.0 China Introduces Digital Yuan Option for Car Pre-Purchase Transactions Posted by By Nsikanabasi Edet 24/02/2024The digital yuan, China’s central bank digital currency (CBDC), is being used as a security…
Posted inNEWS Regulations South Africa Eyes Stablecoins and Blockchain to Enhance Digital Payment Efficiency Posted by By Nsikanabasi Edet 23/02/2024The 2024 budget review of South Africa emphasized the necessity for structural changes and a…
Posted inEconomy NEWS Regulations CBN debunks Alleged Plans to Convert $30 Billion Domiciliary Deposits into Naira. Posted by By Nsikanabasi Edet 05/02/2024The bank said the allegation is false and only aims to trigger panic in the…
Posted inEconomy NAIRA RATE Regulations Nigerian Bureau De Change Blames it’s shutdown on Crypto P2P Emergence Posted by By Nsikanabasi Edet 04/02/2024Although Nigerians involved in FX transaction prefer using crypto due to ease and speed, analysts…
Posted inExchange NEWS Regulations Trading Backpack Exchange: Bankruptcy lawyer says FTX only plans to fully repay customers and will not restart the exchange Posted by By Nsikanabasi Edet 31/01/2024After the exit of FTX, the defunct exchanges' formal executives launches Backpack Exchange. “The costs…
Posted inNAIRA RATE NEWS Regulations Trading Naira/USD Nosedives to New Lows, But Central Bank Governor Says it is ‘Undervalued’ Posted by By Nsikanabasi Edet 30/01/2024Naira has reached an all-time low of #1500 per dollar, but central governor, Olayemi Cardoso,…
Posted inNEWS Regulations Regulations; Nigerian analysts urges the SEC to rework its licensing guidelines Posted by By Nsikanabasi Edet 28/01/2024With the licensing requirement in vogue, local exchanges may either have to merge with the…
Posted inBitcoin Economy NEWS Regulations Regulations: South African Crypto Regulators Will Start Issuing out first Set Of Licenses Posted by By Nsikanabasi Edet 26/01/2024Roughly 50 cryptocurrency firms are currently in the process of awaiting approval for their applications.…
Posted inFundraise NEWS Regulations Trading Trends Traders Speculate On Dogecoin as ‘XPayments’ account gains 100K followers in a day Posted by By Nsikanabasi Edet 24/01/2024Although X hasn’t confirmed exactly what payment functions it plans to incorporate, traders seemingly speculate…
Posted inEconomy NEWS Regulations Trading Regulations; Morocco Central Bank Says Crypto Draft Law Is Ready Posted by By Nsikanabasi Edet 21/01/2024The proposed legislation provides a specific definition for cryptocurrency in the Moroccan context and seeks…
Posted inEconomy General News NEWS Regulations Trends 2023 Crypto Regulation: Highlights of Africa’s Most Significant Crypto Regulations in the last year. Posted by By Nsikanabasi Edet 19/01/2024The growth of cryptocurrencies in Africa is happening at a very fast pace. On the…
Posted inEconomy Fundraise NEWS Regulations Egypt prepares to launch a CBDC by 2030 Posted by By Nsikanabasi Edet 16/01/2024As per an economic expert from Egypt, a central bank-issued digital currency is considered more…
Posted inFintech NEWS Regulations Stablecoins African Stablecoin Consortium Makes a U-turn On cNGN Launch To Seek Central Bank Approval Posted by By Nsikanabasi Edet 12/01/2024This comes a few days after there were reports that it will be launching the…
Posted inNEWS Regulations Trends Spot Bitcoin ETF Approval: What Is Next For Bitcoin Posted by By Nsikanabasi Edet 11/01/2024The Securities and Exchange Commission's approval of spot Bitcoin ETFs marks a high point for…
Posted inBitcoin NEWS Regulations Trends Six Bitcoin ETFs to Start Trading Tomorrow Posted by By Tony Chimdiuto 10/01/2024Following the recent approval of several BITCOIN ETFs, six of these ETFs will open trading…
Posted inGeneral News NEWS Regulations Trading ETF Approval: Controversies As SEC`s X Account Sends Out An ETF Approval Post. Posted by By Nsikanabasi Edet 10/01/2024The Most anticipated event in the whole of crypto arrived earlier than expected, not from…
Posted inNEWS Regulations SEC’s Chair, Gary Gensler Warns Against Investing In Risky Crypto Assets Could This Signal An Approval? Posted by By Nsikanabasi Edet 09/01/2024The Sec`s Chair warning coming two days before the approval date for Bitcoin ETFs has…
Posted inNEWS Regulations Binance Settles with US Court, Agrees to $2.7B Payment to CFTC. Posted by By Tony Chimdiuto 19/12/2023Former Binance CEO Changpeng “CZ” Zhao has been ordered to pay $150 million, while Binance…
Posted inNEWS Regulations Financial Institutions In South Africa To Offer Services Related to Cryptocurrencies Posted by By Tony Chimdiuto 18/12/2023An executive ad Luno had said that about 73 applicants who are seeking a license…
Posted inNEWS Politics Regulations Regulations: Kenyan Parliament Committee Approves Bill to Widen Definition of Securities Including Crypto Posted by By Tony Chimdiuto 06/12/2023A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition…