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Gwadebe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel market. Go to Source
The Commission insists that the platform doesn’t have a license to work in the country and hence its operation is illegal. Go to Source Powered by WPeMatico
The central bank reportedly emphasized that the addition of NFC technology will play a crucial role in boosting the adoption rates for the CBDC. Go to Source Powered by WPeMatico
The company cited that it will cease operations of its exchange services as part of the shareholders’ decision to restructure the business to focus on Cashlink. Go to Source Powered by WPeMatico
93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money. Go to Source Powered by WPeMatico
Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures. Go to Source Powered by WPeMatico
This comes after the Securities and Exchange Commission, Nigeria (SEC), released a circular stating the illegality of Binance Nigeria Limited in the country. Go to Source Powered by WPeMatico
This reduces the likelihood of artificial price differences between the naira and cryptocurrencies in different markets. Go to Source Powered by WPeMatico
According to Nigeria’s securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal. Go to Source Powered by WPeMatico
The Act aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. Go to Source Powered by WPeMatico
