Start-up of the Week: Keyrock, innovating digital asset liquidity in tokenized economies
KeyRock's crypto market-making act involves developing sophisticated algorithms to adequately manage liquidity in a liquidity disparity environment...
Category : Currency
Binance CEO Richard Teng stresses importance of compliance
Richard Teng said that Binance had invested hundreds of millions of dollars in compliance and was closely collaborating with authorities...
Crypto scams cost more than ransomware, says FBI as US initiates civil forfeiture action
Reports have emerged about the US Attorney’s Office in Massachusetts initiating a civil forfeiture action aimed at recouping USD 2.3 million in cryptocurrency...
Amid its stock market bull run, Japan issues warning against ‘excessive yen moves’
Despite the yen picking itself up after the BoJ's hawkish statement on inflation, the US dollar remained in a holding pattern...
World Bank urges Zimbabwe to boost currency confidence
The World Bank is committed to the ongoing process that Zimbabwe has been going through since 2022 to pay off billions of dollars in arrears to the organisation and other foreign lenders...
IF Insights: Bitcoin breaks record as the much-awaited halving approaches
Only roughly 1.35 million Bitcoins remained to be released through mining rewards as of March 2024, out of the approximately 19.65 million Bitcoins in circulation...
Nigeria’s currency weakness: Tracing the reasons behind a weak Naira
The Nigerian currency called the Naira has been under intense pressure since the floatation of the exchange rate...
After removing tax on bitcoins, Argentina announces its next ‘crypto’ move
Earlier, crypto owners had the privilege of declaring their holdings, benefiting from a favourable fixed tax rate...
On Bitcoin ETFs earning US approval, here is what Binance & JPMorgan are saying
JPMorgan sees a significant rotation from existing crypto products into the newly created Bitcoin ETFs...
Nigerian Naira strengthens to N806.73 against Dollar at official market
The naira closed at N1,165 to the USD, the same exchange rate, marking a day of stability...