Aruanne: Nigerian Central Bank Spent Over $1.8 Billion Managing Local Currency

During her appearance before Nigerian lawmakers, Aisha Ahmad, the deputy governor of the Central Bank of Nigeria (CBN), told lawmakers that out of the nearly $1.8 billion used to manage the local currency, läbi 90% of this total was reportedly used

Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto

The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other

Defi More Scalable Than Traditional Finance, New Study Says

Despite the market conditions that prevailed in much of 2022, detsentraliseeritud rahandus (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak

UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War

The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures

Relying on Centralized Databases Makes Dapps Vulnerable to Data Tampering Says Nate Holiday

Decentralized applications (dapps) are prone to data tampering because theyare largely built on top of centralized databases and services,” the CEO of Space and Time Nate Holiday has said. The CEO also shared a list of data tampering risks which

Aruanne: Hiina ettevõte toob turule digitaalse valuuta kindlustustoote

Hiina kindlustusfirma China Pacific Insurance Suzhou filiaal, koos Sidepangaga, teatas hiljuti digitaalse valuutakonto kindlustustoote käivitamisest. The launch comes at a time when the number of personal digital currency

Nigeeria teatab uutest sularaha väljavõtmise piirangutest - sularahaautomaatide arv on väiksem kui $44 päeva kohta

In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. The…

Rahaülekanded madala ja keskmise sissetulekuga riikidesse 2022 Üles poolt 5% juurde $626 Miljard – Maailmapanga viimane aruanne

Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% juurde $626 miljardit, the World Bank Migration and Development Brief has said. Aafrika, where the cost of sending $200 averaged 7.8%

Aruanne: AAX Users Storm Crypto Exchange’s Nigerian Offices, Attack Employees

Nigeria users of the crypto exchange AAX, which suspended withdrawals on Nov. 12, reportedly stormed its offices in Lagos and began assaulting employees. Reports that disgruntled AAX users have harassed the crypto exchange’s workers came just days after the Nigerian crypto

Korea riskikapitalifirma Daesung Private Equity teatab $83 Miljoni Metaverse'i fond

Daesung Private Equity, a Korean venture capital firm, has announced the launch of a metaverse fund of 110 billion won ($83.5 miljonit). The fund, which will have the participation of the Korean state represented by Korea Venture Investment Corporation’s Korea Fund