A presidential adviser in Nigeria has ignited controversy by calling for an outright ban on major crypto exchanges like Binance and KuCoin from operating in the country. Bayo Onanuga, an adviser to President Bola Tinubu on information and strategy, took to the social media platform X to level serious allegations against these platforms. The Naira-Dollar […]
South Korea’s personnel ministry announced on Dec. 27 that high-ranking public officials will be required to disclose their crypto holdings. This new measure, which starts next year, is part of an effort to enhance transparency and accountability within the public sector. According to an announcement, the property details — including cryptocurrencies — of about 5,800 […]
Revolut, one of the most innovative digital banks, will temporarily suspend cryptocurrency purchases on its business platform in the UK at the start of the new year, according to a media report on December 18. An email notifying customers of this decision specifically addressed purchasing, implying selling crypto and holding it could go uninterrupted. Revolut […]
The crypto community eagerly awaits the possible approval of a Bitcoin exchange-traded fund (ETF) in the US. However, some analysts warned that this could potentially trigger undesirable consequences for leading exchanges like Coinbase. Experts said the approval of the Bitcoin ETF and the upcoming BTC halving in April 2024 could really shake up the crypto […]
South Africa’s Financial Sector Conduct Authority (FCSA) is exploring a new rule for bitcoin enterprises. Companies with international headquarters may need to establish a local office within the country. This idea comes after a Crypto Asset Market Study indicated that 10% of South African crypto enterprises are headquartered abroad. 🚨South Africa May Force Crypto Firms […]
Financial regulators in South Korea have opened a window for people to come forward. They can report any unlicensed operational crypto exchanges in the country. Furthermore, on December 4, South Korea’s financial regulators issued an updated statement. They called on users to report any unlicensed cryptocurrency exchanges offering services to users within the region. The […]