Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts
Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.
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Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage ‘Surge’
Pan-African crypto exchange Yellow Card has said it will seek licensing in the country.
Judge Denies Sam Bankman-Fried Request for a Longer Sentencing Process
Bankman-Fried’s defense team asked for a four to six week extension for his sentencing scheduled in late March, citing a possible second trial that may begin earlier in the month.
First Mover Americas: Bitcoin Struggles to Gain Momentum; FTX Files Plan to End Bankruptcy
The latest price moves in crypto markets in context for Dec. 18, 2023.
Bank of Korea Governor Sees CBDC Introduction as Case for ‘Urgency:’ Report
Stablecoins’ widespread usage and frequent instability could reduce the effectiveness of central bank monetary policies, Rhee Chang-yong said.
Taiwan Completes Wholesale CBDC Technical Study, Central Bank Official Says
The focus is now on gathering feedback and improving a platform design, according to Deputy Governor Chu Mei-lie.
Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks
Conio is also looking at tokenization, and is involved in the Euro Token project overseen by the innovation center of the Bank of Italy.
Basel Committee Seeks to Consult on Stablecoins Risk Treatment
Regulators have been looking to regulate crypto and mitigate against the risks posed by banks exposure to crypto.
Asset Tokenization on Blockchains Could Increase Systemic Risks: BOE
Banks are becoming more positive about using crypto technologies for the tokenization of money and assets, the BOE said.
JPMorgan’s Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto
The CEO of the powerful Wall Street bank would prefer canceling crypto, though JPMorgan is using intrinsically related blockchain technology to move billions.