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…
Posted inGeneral News NEWS Regulations Trading
ETF Approval: Controversies As SEC`s X Account Sends Out An ETF Approval Post.
The 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?
The 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.
Former 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
An 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
A Kenyan parliamentary committee has reportedly approved a bill that proposes to widen the definition…
Posted inNEWS Regulations
Kenyan Lawmakers Move to Introduce Crypto Regulations
Kenya will become the first country to introduce a crypto bill spearheaded by industry experts…
Posted inNEWS Regulations
REGULATION: New UK Crypto Law You Should Know When Traveling From Nigeria.
Crypto Companies Offer Customers a 24-hour "cooling-off period" and revised changes in the way digital…
Posted inExchange NEWS Regulations Trends
CoinEx CEO Vows to Protect User Assets and Enhance Security Post-Hack
CoinEx CEO has vowed to stay committed to serving its users' interests, innovate and grow…
Posted inEconomy NEWS Regulations
REPORT: Nigeria’s Crypto Economy Continues to Grow Despite Economic Turmoil
Nigeria remains the largest crypto economy in Africa despite the current economic situation in the…
Posted inNEWS Regulations
DCC Urges the Nigeria Government to Regulate its Crypto Industry
The Digital Currency Coalition (DCC), a consortium of crypto asset practitioners, blockchain innovators, and founders,…
Posted inNEWS Regulations
REGULATION: IMF Director Champions Digitalization for Financial Inclusion in Africa
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to rank up…
Posted inCyber Security Regulations Trading
CoinEx Promises 100% Compensation Amidst Recent Attack
At 14:18 (UTC) on September 12, 2023, Cyvers Alerts posted a tweet regarding suspicious withdrawals…