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Utilizing Granular Metrics to Identify Local Bottoms in a Bull Market
23.5.2024
The on-chain analysis sector has seen a major advancement, with Glassnode launching 28 new metrics to provide an even more detailed picture of the digital asset market. The ultimate goal is to enable short-term and long-term holders to pinpoint a precise moment to make a move and attempt to avoid...
Bitcoin Hits Record Highs Against Local Currencies in Asia and South America with 7% Daily Surge
21.5.2024
Bitcoin has achieved all-time highs against local currencies in several countries across Asia and South America, following a significant 7% surge in its price.
The post Bitcoin Hits Record Highs Against Local Currencies in Asia and South America with 7% Daily Surge appeared first on Cryptonews
Bitcoin hits record in Japan, Argentina and Philippines' local currency
21.5.2024
For the first time in history, the price of one Bitcoin exceeded 11 million yen in Japan, while prices also peaked in terms of the Argentinean and the Philippines peso
Ripple Unveils Brazil Fund for Supporting Local XRP Ledger Projects
20.5.2024
Ripple, the cryptocurrency services and payments company, has recently unveiled a local fund to support Brazil-based projects using XRP Ledger, the XRP asset blockchain. Julia Heitner, Program Manager of the XRPL Grants program, stated that Brazil was the first country where this strategy would...
India’s SEBI recommends local regulators to monitor crypto trading
16.5.2024
Documents reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India
Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem
16.5.2024
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem. This committee, known as the National Risk Assessment Coordination Committee (NRACC), aims to determine the nature and extent of the cryptocurrency ecosystem...
Crypto exchange OKX launches local regulated entity in Australia
14.5.2024
The expansion comes 12 months after the firm announced its intention to expand down under
Philippines Central Bank Approves Trials for National Stablecoin Tied to Local Peso
13.5.2024
The Philippines central bank has given the green light for controlled trials of a national stablecoin that will be pegged 1:1 to the local peso.
The post Philippines Central Bank Approves Trials for National Stablecoin Tied to Local Peso appeared first on Cryptonews
IMF backs Nigeria crypto adoption amid local SEC crackdown
10.5.2024
The IMF recommendation sets out to remedy the macroeconomic challenges Nigeria faces while attracting global investment
Chainalysis sets up regional HQ in Dubai amid local crypto boom
8.5.2024
Chainalysis relocates regional headquarters to Dubai reflecting the UAE’s progressive stance toward blockchain technology
Nigerian SEC to ‘Delist’ Local Currency From P2P Crypto Trading Platforms
8.5.2024
The Director General of Nigeria’s Securities Regulator has announced plans to delist the local currency from peer-to-peer cryptocurrency trading platforms in the coming days. He insisted that the decision to delist the naira aims to eliminate the manipulation of the local currency by...
LocalMonero exchange shuts down as crypto privacy services dwindle
8.5.2024
Monero’s version of LocalBitcoins is closing after 7 years of operations serving the XMR community
UK Local Elections Show Swing to Labour With General Election Pending
3.5.2024
The government, which has adopted a pro-crypto stance, must hold a general election by end-January
Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar
29.4.2024
Former U.S. President Donald Trump’s economic advisers are reportedly devising strategies to deter nations from reducing their reliance on the U.S. dollar. Proposed deterrents include export controls, currency manipulation charges, and tariffs. Trump remains committed to preserving the U.S....
Nigerian Central Bank Governor Denies Using Forex Reserves to Defend Local Currency
20.4.2024
The Nigerian central bank governor has refuted claims that the bank is using the country’s foreign exchange reserves to shore up the naira. The governor attributes the decline in reserves to debt repayments and other payments, which are made because they help to maintain Nigeria’s...
Nigerian Central Bank Prohibits Use of Foreign Exchange as Collateral for Local Currency Loans
10.4.2024
The Central Bank of Nigeria has barred the use of foreign exchange as collateral for local currency loans. In its April 8 letter addressed to banks, the CBN warned of severe consequences for banks that fail to comply with the latest directive. Halting the Slide of the Naira Hamstrung by ongoing...
South Korea Tax Body Set to Seize 5,208 Crypto Traders’ Coins
8.4.2024
South Korean tax officials in the city of Pohang are set to seize cryptoassets from 5,208 residents who failed to pay local taxes.
The post South Korea Tax Body Set to Seize 5,208 Crypto Traders’ Coins appeared first on Cryptonews
Nigerian Government Collaborates with Interpol to Extradite Fleeing Binance Chief
4.4.2024
A joint effort has been launched by the Nigerian government and Interpol to apprehend Binance Chief Nadeem Anjarwalla, who fled from custody on March 22, 2024. This collaboration was reported by a local media outlet, The Punch, on April 3.
The post Nigerian Government Collaborates with Interpol...
Binance Executives File Suit Against Nigeria: Local Media
29.3.2024
The two Binance executives held in Nigeria after being invited for consultations filed suit against two government agencies for allegedly violating their human rights
Binance Faces Regulatory Hurdles as Philippines SEC’s Ban on Binance Takes Effect
25.3.2024
The Philippines SEC's Ban on Binance prohibits local access to the exchange's website and applications. This decision stems from Binance's alleged unlicensed operations and offering of investment opportunities to Filipinos.
The post Binance Faces Regulatory Hurdles as Philippines SEC’s Ban...