Foreign
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Markets
Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans – Africa Bitcoin News
The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its…
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Markets
TRON Foundation and Justin Sun claim SEC lack jurisdiction over foreign defendants
TRON Foundation and Justin Sun lead other co-accused to challenge SEC’s jurisdiction in lawsuit. The defendants argue SEC lacks authority…
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Markets
UN Report: Crypto Crime Provided North Korea up to Half of Its Foreign Currency Income – Security Bitcoin News
A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of…
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Markets
Nigeria Proposes Rule Requiring Foreign Crypto Exchanges to Incorporate in the Country – Regulation Bitcoin News
The Nigerian Securities Regulator has proposed a rule requiring virtual asset service providers to be incorporated and maintain an office…
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Markets
Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls – Africa Bitcoin News
In the first month of 2024, Nigeria’s headline inflation rose from nearly one percent to 29.9%. However, on a year-on-year…
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Markets
DeFi could solve Africa’s foreign exchange problems, neobank CEO says
Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States…
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Markets
More foreign banks join China’s CBDC pilot trials
More foreign banks have joined China’s digital yuan central bank digital currency (CBDC), the e-CNY, following British bank Standard Chartered’s entry…
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Markets
Spanish citizens to declare foreign crypto holdings by the end of March
Spanish residents holding any crypto assets on non-Spanish platforms will have to declare them by March 31, 2024 under new…
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Markets
Taiwan to restrict unregistered, noncompliant foreign crypto exchanges
East Asian country Taiwan is reportedly planning to put restrictions on unregistered overseas crypto exchanges operating within its jurisdiction as…
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