Diutocoinnews

The State Of Cryptocurrency Regulations In African Countries And The World.

  REGULATED IN SOUTH AFRICA. South Africa, the second largest economy in Africa previously in 2015 released straight no statement on Cryptocurrency activities in the country. But as of Jan 2019, the Intergovernmental Fintech Working Group comprised of members from…

Can Blockchain Job Opportunities Save Nigeria’s Foreign Direct Investments Decline. From $3.5 billion — $2.2 billion.

Nigeria’s Foreign Direct Investment (FDI) fell by 36 per cent to $ 2.2 billion in 2018 from $3.5 billion in 2017 as was disclosed by The United Nations Conference on Trade and Development (UNCTAD). The Continent has experienced an increase…

Italian Government Released An Amendment To The Blockchain Industry Regulations.

The government of Italy on Jan 24th released an amendment to the Blockchain Industry Regulations. The amendment, known as the “Decreto semplificazioni,” was approved by the Senate committees of Constitutional Affairs and Public Works on Jan. 23. This is reportedly…

Monetary Policy Rate, Cash Reserve Ratio And Liquidity Ratio Retention Amidst Nigeria’s Staggering Economy.

Malam Garba Kurfi, the Managing Director, APT Securities and Funds Ltd., said; the retention of the Monetary Policy Rate (MPR), the Cash Reserve Ratio (CRR) and the liquidity ratio were expected as a result of the rise in inflation rate….

Central Bank Of Nigeria Stipulates Fitness Standards For Fit And Unfit Banknotes Circulation.

The Central Bank Of Nigeria has warned the nation’s banks against recirculation of unfit bank notes, saying that it would impose stringent penalties on any bank that goes against the stipulated standards. The CBN made this public in the Banknotes…