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Detained Binance Executive Sues Nigerian Anti-Graft Agency for ‘Fundamental Rights’ Violation

Bitcoin.com
Detained Binance Executive Sues Nigerian Anti-Graft Agency for ‘Fundamental Rights’ Violation
Africa
Detained Binance Executive Sues Nigerian Anti-Graft Agency for ‘Fundamental Rights’ ViolationThe Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights. The executive also wants the local court to declare the seizure of his passport “a violation of his fundamental right to personal liberty.” Violation of the Right to Personal Liberty The detained Binance […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor

Bitcoin.com
Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor
Africa
Nigerian Central Bank Not in Charge of Crypto Regulation, Says GovernorAccording to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Court Orders Binance to Hand Over ‘Comprehensive’ User Data to Nigerian Authorities

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Court Orders Binance to Hand Over ‘Comprehensive’ User Data to Nigerian Authorities
Africa
Court Orders Binance to Hand Over ‘Comprehensive’ User Data to Nigerian AuthoritiesA Nigerian high court has ordered Binance to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data relating to all Nigerian traders on its platform. The EFCC alleges it has discovered instances of price discovery, confirmation, and market manipulation on the Binance platform. Binance Violates Nigerian Anti-Money Laundering Laws In a fresh development […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Real-World Assets Platform Gluwa Considers Developing Liberia’s CBDC

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Real-World Assets Platform Gluwa Considers Developing Liberia’s CBDC
Africa
Real-World Assets Platform Gluwa Considers Developing Liberia’s CBDCThe real-world assets platform, Gluwa, is exploring the potential to assist in the development and launch of Liberia’s central bank digital currency. To increase the likelihood of the digital currency’s success, Gluwa is also considering the launch of a satellite-based internet service. Making the Digital Currency Compatible with Liberia’s Mobile Money System Gluwa, a real-world […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Group Urges US President Joe Biden to Secure Release of ‘Kidnapped’ Former Federal Agent

Bitcoin.com
Group Urges US President Joe Biden to Secure Release of ‘Kidnapped’ Former Federal Agent
Africa
Group Urges US President Joe Biden to Secure Release of ‘Kidnapped’ Former Federal AgentThe Chamber of Digital Commerce, a blockchain and crypto advocacy group, has urged U.S. President Joe Biden to assist in securing the release of a Binance executive “kidnapped” by the Nigerian government. The group warned that the Nigerian government’s arbitrary detention of Tigran Gambaryan might establish a dangerous precedent. Questioning the Arbitrary Detention of Binance […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Binance Says Nigeria Is Not Yet One of Its Top Markets

Bitcoin.com
Binance Says Nigeria Is Not Yet One of Its Top Markets
Africa
Binance Says Nigeria Is Not Yet One of Its Top MarketsNigeria is not yet among Binance’s top markets despite being a leading global crypto market. However, the crypto exchange said it recognizes the West African country’s “extraordinary potential,” which is one reason why it is eager to invest there. ‘Extraordinary Potential’ The cryptocurrency exchange Binance has clarified that Nigeria, despite being one of the world’s […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days

Bitcoin.com
Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days
Africa
Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 DaysTigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to disclose the identities and transaction histories of its top 100 users. Detained Executives’ Families Demand Their […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency

Bitcoin.com
Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency
Africa
Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local CurrencyThe Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily affecting businesses that hold foreign exchange. Nigeria Presses Ahead With Reforms The Economic Intelligence Unit (EIU) has stated that the […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Nigerian Central Bank, Real-World Asset Firm Partner to Revive Struggling CBDC

Bitcoin.com
Nigerian Central Bank, Real-World Asset Firm Partner to Revive Struggling CBDC
Africa
Nigerian Central Bank, Real-World Asset Firm Partner to Revive Struggling CBDCGluwa, a platform for real-world assets, announced on March 7 its partnership with the Central Bank of Nigeria. The partnership arrangement aims to improve the functionality of the Nigerian central bank’s digital currency and promote financial innovation through blockchain technology. Improving the CBDC’s Utility Gluwa, a real-world assets platform, has entered into a partnership arrangement […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement

Bitcoin.com
Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement
Africa
Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid RequirementAuthorities in Egypt recently allowed the local currency’s exchange rate versus the U.S. dollar to decrease by more than 60%. Additionally, the central bank raised interest rates by 600 basis points. Both steps were key conditions set by the IMF which Egypt had to meet before the approval of a new financial aid package. IMF […]
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Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

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