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South African Central Bank Opts Against Publishing CBDC Study Findings

South African Central Bank Opts Against Publishing CBDC Study FindingsThe South African Reserve Bank has reportedly decided not to unveil the findings of the initial phase of its central bank digital currency feasibility study. Instead, the central bank said it is currently focused on the second phase of the study and will release a report once it is satisfied with the progress made in […]

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million

Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to .4 MillionThe Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new licenses. The bank’s director for risk management stated that street trading of foreign exchange is now […]

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

Marathon Digital enters renewable energy partnership with Kenyan gov’t

Marathon Digital, one of the world’s leading Bitcoin mining operations, announced a collaboration to overhaul Kenya’s renewable energy sector.

Bitcoin mining giant Marathon Digital recently announced a new partnership with Kenya’s Ministry of Energy and Petroleum (MOEP) to develop the country’s already thriving renewable energy sector.

The partnership will focus on exchanging technical knowledge and research, policy ideas, investment strategies, and the development of critical energy infrastructure.

In the wake of the newly inked collaboration, Marathon Digital CEO Fred Thiel noted the advantages of fostering such a relationship with Kenya’s Ministry of Energy and Petroleum:

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Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’

IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender has reportedly announced plans to send a team in June to evaluate the performance of the new currency. Contrasting IMF […]

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

Nigerian Prison Agency Held Responsible for Court Absence of Jailed Binance Executive

Nigerian Prison Agency Held Responsible for Court Absence of Jailed Binance ExecutiveThe Nigerian Correctional Service recently faced accusations of failing to bring Tigran Gambaryan, a jailed Binance executive, to a court hearing on May 22. A lawyer representing the Nigerian revenue collection agency subsequently requested the court to adjourn proceedings. This would allow him to investigate the reasons behind Gambaryan’s absence. Gambaryan Key to Nigeria’s Tax […]

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-Conspirators

South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-ConspiratorsSouth African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s case against the masterminds of Mirror Trading International. MTI Directors May Face Charges Under the Prevention of Organized Crime Act South Africa’s […]

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

Nigerian Securities Regulator: Crypto Exchanges Complying With Naira Delisting Directive

Nigerian Securities Regulator: Crypto Exchanges Complying With Naira Delisting DirectiveThe Nigerian Securities Regulator has stated that cryptocurrency exchanges have complied with a directive to remove the local currency from peer-to-peer platforms. The acting director-general of the Nigerian Securities and Exchange Commission has called on platforms engaged in practices that undermine the national interest to cease such activities. Kucoin’s Delisting of Naira Receives Praise The […]

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

Nigerian Currency Slides 5% After Central Bank Injects More Than $80 Million Into Forex Market

Nigerian Currency Slides 5% After Central Bank Injects More Than  Million Into Forex MarketThe Nigerian naira continued with a downward which recently saw it being named the worst-performing currency when it slid by just over five per cent to erase the previous day’s gains. The naira’s depreciation is said to have occurred just a day after the central bank intervened by injecting between $80 million and $100 million. […]

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance

Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of BinanceThe Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A spokesperson for Binance stated that the charges against Gambaryan are entirely without merit, and he should be released. Tigran Gambaryan Qualifies to Represent Binance A […]

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital

Nigerian Fintech Firm Flutterwave Confirms Hacking Attempt, Says Users’ Funds Safe

Nigerian Fintech Firm Flutterwave Confirms Hacking Attempt, Says Users’ Funds SafeThe Nigerian fintech firm Flutterwave claimed on May 16 that it had foiled an attempt to breach its payments platform. Flutterwave asserted that the “unauthorized activities inconsistent with usual customer behavior” did not compromise users’ funds or data confidentiality. According to one report, over $7 million was siphoned from Flutterwave following a cyberattack in April. […]

Investor Dan Tapiero Says Solana Memecoin Explosions ‘Practice’ for Migration of $100 Trillion in TradFi Capital