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Nigeria Injects $543.5M to Shore up Naira
9.10.2024
The Central Bank of Nigeria (CBN) injected $543.5 million into the Nigerian foreign exchange market between September 6th and 30th to address currency volatility. The bank attributed the volatility to high demand for imports and seasonal factors. Nigeria is facing foreign exchange shortages and...
Crypto.com’s Exchange Nadex Lists Four Memecoins Derivatives
9.10.2024
Crypto.com’s US derivatives exchange, Nadex, has listed four derivatives linked to memecoins including PEPE, FLOKI, Dogelon Mars (ELON)…
Canary Capital Files SEC Registration for XRP ETF
8.10.2024
Canary Capital Group LLC has officially submitted a registration with the U.S. Securities and Exchange Commission (SEC) for its proposed Canary XRP ETF, aimed at providing investors with exposure to XRP. The exchange-traded fund (ETF) is designed to give investors an option other than directly...
Nigeria Central Bank Governor Defends Naira Float Decision
8.10.2024
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the importance of the decision to float the naira, despite public criticism of the move. He stated that the disparity between official and parallel exchange rates encouraged arbitrage and speculation, eroding market...
Crypto.com’s US exchange lists 4 memecoin derivatives
8.10.2024
Traders can now hedge exposure to memecoins including PEPE and FLOKI
Crypto.com’s US exchange lists 4 memecoin derivatives
8.10.2024
Traders can now hedge exposure to memecoins including PEPE and FLOKI
Crypto.com sues SEC to ‘protect the future of crypto’ in US
8.10.2024
Crypto.com’s lawsuit against the US SEC follows the exchange’s receipt of a Wells notice from the agency
Crypto.com sues SEC to ‘protect the future of crypto’ in US
8.10.2024
Crypto.com’s lawsuit against the US SEC follows the exchange’s receipt of a Wells notice from the agency
Hong Kong Gearing up to Approve More Cryptocurrency Exchange Licenses by Year End: SFC
8.10.2024
HKVAX is the latest exchange to receive approval
Hong Kong to license more crypto exchanges by end of year
8.10.2024
Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region.
Bankruptcy judge approves FTX’s reorganization plan
7.10.2024
Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users
Bitget Token Tumbles 52% on 'Market Sluggishness,' Exchange Says, While Promising Compensation
7.10.2024
Crypto exchange Bitget promised to compensate holders of its native Bitget Token (BGB) for losses suffered during a slump of as much as 52% on Monday
Indian Government Agencies Probe WazirX Hack as Exchange Seeks Recovery Path
7.10.2024
In the wake of a massive $235 million hack, government agencies have launched a thorough investigation into the…
Experts Fear Cryptocurrency Outflows May Affect Exchange Rates in Brazil
7.10.2024
Analysts believe that, in the future, outflows derived from cryptocurrency purchases could affect the domestic exchange rate in Brazil. The Central Bank of Brazil indicates that crypto assets and recreational services account for $14.7 billion that flowed out of Brazil through August, hinting...
Nigeria’s Oil-for-Naira Program, Blackrock’s New Stablecoin, and More — Week in Review
6.10.2024
Nigeria introduced an “oil-for-naira” program by selling crude oil to Aliko Dangote’s refinery in a bid to stabilize the weakening local currency. Blackrock announced its support for UStb, a new stablecoin from Ethena Labs. The SEC has formally appealed a court ruling in...
Zimbabwe Injects $50 Million to Bolster Devalued Currency
6.10.2024
The Reserve Bank of Zimbabwe (RBZ) has injected an additional $50 million into the market to support the foreign exchange system. However, industry leaders believe the bank is not doing enough to facilitate the smooth operation of the market. They argue that the policy requiring companies to have...
Will Satoshi be revealed? Banks to join SWIFT digital asset trials and more: Hodler’s Digest, Sept. 29 – Oct. 4
6.10.2024
HBO’s Money Electric: The Bitcoin Mystery, Banks to join SWIFT digital asset trials in 2025: Hodlers Digest
Nigeria Introduces System to Boost Forex Market Transparency
5.10.2024
The Central Bank of Nigeria (CBN) is launching a new electronic system (EFEMS) to improve transparency in the foreign exchange market. This comes as the Nigerian currency weakens. Authorized dealers must comply with existing regulations and complete necessary preparations before using EFEMS....
Coinbase urges court to reconsider appeal, cites SEC vs Ripple
5.10.2024
The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities
Hong Kong makes HKVAX third licensed retail crypto exchange
4.10.2024
HKVAX is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait