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Tag: Central Bank of Nigeria

Can real-time payments help change the world?

Since completing his acquisition of Twitter, now X, in October 2022, Elon Musk has been vocal about his desire to transform the platform into...

Advancing Cryptocurrency Regulation in Nigeria: A Critical Necessity

Adedeji Owonibi advocates for Nigerian cryptocurrency regulation to combat financial crimes and ensure the industry's security and scalability, addressing the complexities of tracking illicit...

Nigerian Currency Depreciation: Central Bank Of Nigeria (CBN) Head Reaffirms Commitment to Reviving Confidence in the Economy

Olayemi Cardoso, the Central Bank of Nigeria (CBN) governor reaffirms commitment to reviving confidence in the economy amidst Nigerian currency depreciation. The...

Kraken Obtains Dutch License, Expands Crypto Services In Europe

Cryptocurrency exchange Kraken has recently obtained a Dutch license to operate its crypto services in the Netherlands and across Europe. Obtaining the...

Regulatory and Legislative Analysis – January 2024

Regulatory and Legislative Analysis – January 2024February 3, 2024Demetrios TseasRegulatory and Legislative Analysis – GLOBALInterpol releases analysis of the Metaverse’s key challenges threats and...

Nigeria’s Naira Plunges To A New Low As The CBN Governor Reacts

On January 25, the official market witnessed Nigeria’s naira falling to a new low at NGN1,398 per greenback, almost converging with...

Weekly Update #34

Weekly Update #34January 8, 2024CipherTraceMARK COLLINS & DEMETRIOS TSEASRegulatory:Four individuals charged for laundering millions from cryptocurrencyA cryptocurrency (or crypto currency) is a digital asset...

Nigeria’s Central Bank Approves cNGN Stablecoin Launch

The Central Bank of Nigeria has granted the Africa Stablecoin Consortium (ASC) approval to introduce Compliant Nigerian naira stableCoin (cNGN) within its regulatory sandbox....

The SEC In Meeting With Leading Stock Exchanges To Finalize Spot BTC ETFs

The Securities and Exchange Commission (SEC) is holding meetings with leading stock exchanges to conclude discussions and gather final comments...

Central Bank Of Nigeria (CBN) Sets Out New Rules For Cryptocurrency Trading

The Central Bank of Nigeria (CBN) has issued new rules for banks in relation to trading cryptocurrency. This is a...

EXPERT OPINION | 2 Will See Increased Competition In Nigeria’s Crypto Ecosystem Following Entry Of Banks – CryptoInfoNet

The recent decision by the Central Bank of Nigeria (CBN) to lift the ban on banks from transacting cryptocurrency-related transactions is expected to bring...

Russia To Introduce Comprehensive Crypto Legislation In 2024 – CryptoInfoNet

In a recent interview with Russian Newspaper Izvestia, Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market, unveiled plans to legalize...

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