Digital Financial News
27.10 / 23:23
Digital
Citizens
LocalBitcoins
Bitcoin
Nigeria’s e-Naira gains more ground as Bitcoin P2P volume shrinks
Although the Federal high court gave Nigeria’s central bank digital currency, e-Naira a green light earlier in October, the Central Bank took four weeks to officially launch it. With the launch of e-Naira on 25 October, 2021, Nigeria became the first African country to launch a CBDC.
27.10 / 23:23
Digital
NASDAQ
Stock indices
Bitcoin
bitcoin fund
Bitcoin Fund worth $200M gets green light from Dubai’s FSA
Dubai authorities continue to drive more adoption into the cryptocurrency industry by pushing more regulatory approvals. Just recently, the Dubai World Trade Centre Authority (DWTCA) partnered with the UAE’s Securities and Commodities Authority (SCA) to support the regulation and trading of crypto-assets. Of late, a lot of tailwinds originating from this region have triggered significant bullish developments.
27.10 / 21:41
Digital
Bitcoin
Avalanche price
Polkadot, Bitcoin Cash, Avalanche Price Analysis: 27 October
As Bitcoin hits the $58000-mark, several altcoins witnessed a pullback. Altcoins like Bitcoin Cash and Avalanche flashed bearish signs and registered double-digit losses on their daily charts, while Polkadot saw a 4.3% decline over the past 24 hours.
27.10 / 19:17
BTC
Digital
Maxim
Bitcoin
Is this Bitcoin FUD over for good
A few months back, the Bitcoin industry was slapped with another ban from China. It wasn’t a new occurrence either, with multiple bans surfacing over the years. However, it specifically restricted the BTC mining sector in the Chinese provinces. The ban possibly played a cascading role in Bitcoin’s corrections during May 2021, fueling numerous FUDs.
27.10 / 17:29
Provident
Reuters
Digital
Cooper
guidelines
U.S banking regulators developing guidelines for institutional presence in crypto
The United States Securities and Exchange Commission (SEC) has remained mostly tight-lipped about cryptocurrency regulations so far. However, banking regulators in the country are reportedly developing a clearer path for banks that are looking to deal in cryptocurrencies. This is being done in a bid to control the rapidly growing asset, before it gets out of hand and fully emerges into the mainstream.
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