Posted inNEWS Regulations
Zimbabwe central bank faces new difficulties with the new currency.
The new currency, an extension of the government’s gold-backed token, has recently faced some difficulties…
Posted inEconomy Exchange NAIRA RATE NEWS Regulations
CBN Refutes Claims on a Circluar Claiming to Apprehend P2P Merchants in Nigeria.
In a recent tweet from the Central Bank of Nigeria, the country's top financial institution…
Posted inEconomy NEWS Regulations Trading Trends
CBN Deletes Tweet Debunking a Circular Claiming to Prohibit Banks From Facilitating Payment for Crypto Exchanges
The Central Bank of Nigeria has debunked a circular currently circulating about its institution prohibiting…
Posted inNEWS Regulations
Binance Reportedly Assisted Nigerian Law Enforcement Agencies with Over 600 Information Requests in the Last Four Years
Binance also reportedly educated members of the Nigerian financial crime commision on how to combat…
Posted inEconomy Regulations
Dovish Outlook from FOMC Drives The Cryptocurrency Market Back Up
Despite the prevailing optimism, worries persist about the possibility of another significant downturn as the…
Posted inExchange Regulations Trading
Binance Receives a Court Order to Deliver Detailed User Data to Nigerian Authorities
The court order was issued to facilitate the EFCC to uncover the allegations of money…
Posted inExchange Regulations Trading
Nigeria’s SEC Plans to Hike Registration Fees for Cryptocurrency Exchanges
Nigeria's Securities and Exchange Commission (SEC) has proposed changes to regulations governing platforms offering cryptocurrency…
Posted inExchange NEWS Regulations Trading
Nigerian Government Debunks Reports of $10B Fine for Binance.
As of now, no decision has been reached regarding the imposition of a fine on…
Posted inBitcoin Exchange NEWS Regulations
The outrageous $10 billion fine on Binance
Binance faces heightened regulatory scrutiny in Nigeria as authorities intensify their examination of the platform…
Posted inExchange Regulations Trading Trends
Coinbase CEO Debunks Reports Of Government Ban On Crypto Exchange
This comes after a series of rumors that the Nigerian government were about to block…
Posted inNEWS Regulations WEB 3.0
China Introduces Digital Yuan Option for Car Pre-Purchase Transactions
The 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
The 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.
The 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
Although 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
After 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’
Naira 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
With 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
Roughly 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
Although 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
The 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.
The 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
As 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
This 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
The 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
Following the recent approval of several BITCOIN ETFs, six of these ETFs will open trading…