Emerging Markets

Forex Strapped Nigeria Designates Crypto Assets as Securities

Foreign exchange Strapped Nigeria Designates Crypto Property as Securities

The Securities and Trade Fee (SEC) of Nigeria has designated crypto belongings as securities because the authorities step up efforts to control Africa’s largest cryptocurrency market. The SEC says the classification of crypto belongings for regulation is per the nation’s funding and securities legal guidelines of 2007. In a press release launched Sept. 14, the …

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Indian Crypto Companies Are Now Helping Thailand's Banks Instead

Indian Crypto Firms Are Now Serving to Thailand’s Banks As an alternative

Indian tech multinational, Wipro, has developed a blockchain-based resolution for banks in Thailand to settle dues. This comes as Indian authorities and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies again dwelling. Thai Banking System Embraces Blockchain Expertise The settlement resolution is part of the primary section of Undertaking Inthanon, which launched in August …

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