Posted inExchange REGULATIONS TRADING Nigeria’s SEC Plans to Hike Registration Fees for Cryptocurrency ExchangesNigeria's Securities and Exchange Commission (SEC) has proposed changes to regulations governing platforms offering cryptocurrency… Posted by By Nsikanabasi Edet 19/03/2024
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 by By Nsikanabasi Edet 03/03/2024
Posted inBitcoin Exchange NEWS REGULATIONS The outrageous $10 billion fine on BinanceBinance faces heightened regulatory scrutiny in Nigeria as authorities intensify their examination of the platform… Posted by By Nsikanabasi Edet 02/03/2024
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 by By Nsikanabasi Edet 25/02/2024
Posted inNEWS REGULATIONS WEB 3.0 China Introduces Digital Yuan Option for Car Pre-Purchase TransactionsThe digital yuan, China’s central bank digital currency (CBDC), is being used as a security… Posted by By Nsikanabasi Edet 24/02/2024
Posted inNEWS REGULATIONS South Africa Eyes Stablecoins and Blockchain to Enhance Digital Payment EfficiencyThe 2024 budget review of South Africa emphasized the necessity for structural changes and a… Posted by By Nsikanabasi Edet 23/02/2024
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 by By Nsikanabasi Edet 05/02/2024
Posted inEconomy NAIRA RATE REGULATIONS Nigerian Bureau De Change Blames it’s shutdown on Crypto P2P EmergenceAlthough Nigerians involved in FX transaction prefer using crypto due to ease and speed, analysts… Posted by By Nsikanabasi Edet 04/02/2024
Posted inExchange NEWS REGULATIONS TRADING Backpack Exchange: Bankruptcy lawyer says FTX only plans to fully repay customers and will not restart the exchangeAfter the exit of FTX, the defunct exchanges' formal executives launches Backpack Exchange. “The costs… Posted by By Nsikanabasi Edet 31/01/2024
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 by By Nsikanabasi Edet 30/01/2024