Nigerian Firms Forecast Further Naira Depreciation
A recent Central Bank of Nigeria survey reveals that Nigerian businesses expect the naira to weaken further before strengthening in late 2024 or early 2025. This pessimism comes despite the…
Nigerian Central Bank Affiliate Partners With Blockchain Startup Zone to Boost Payments
The Nigeria Inter-Bank Settlement System (NIBSS) has partnered with Zone, a decentralized payment infrastructure company, to improve its payment services. NIBSS will use Zone’s blockchain technology to streamline its Payment…
Seychelles’ new bill requires VASPs to have local offices, directors
Seychelles parliament has unanimously approved the new bill, making the Financial Services Authority the sector’s regulator and requiring VASPs to obtain a license before serving investors. [...] Read More... The…
ICMA clarifies repurchase agreement for digital assets
The digital assets annex, developed in partnership with the ICMA and ISLA, provides a standardized framework for digital cash and securities, which is said to aid the growth of the…
‘Big Crypto’ lobbying furiously as 2024 US election heads into home stretch
Public Citizen consumer advocacy group released a report titled ‘Big Crypto, Big Spending’ that showed ‘crypto corporations’ poured $119 million into the current U.S. election cycle. [...] Read More... The…
Ghana issues draft digital asset guidelines
The new guidelines require VASPs to obtain licenses from the SEC, abide by AML rules and report crimes while entitling them to banking and payment services. [...] Read More... The…
‘Crypto is a terrible cancer’: CentBee founder Lorien Gamaroff on CoinGeek Weekly Livestream
CentBee Founder Lorien Gamaroff joins CoinGeek Weekly Livestream to talk about Bitcoin as electronic cash, the state of things in Africa, and his new show. [...] Read More... The post…
