Tag: banking

The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took ... ( read original story ...)

Bitcoin topped $40,000 in a rally that helped the market value of digital tokens scale a new peak. The largest cryptocurrency rose more than 7% to $40,658 at 12 p.m. in New York Saturday, taking it ... ( read original story ...)

The cryptocurrency market is on a roll today, as Bitcoin edges back over the $40,000 mark and ethereum’s ether is at an all-time high. Bitcoin is now trading slightly over $40,000 per single ... ( read original story ...)

An IPO could put increased pressure on Grab to run more profitably. Failing to deliver on that could result in lower stock prices, which in turn would erode the company’s valuation – a founder’s ... ( read original story ...)

Grayscale Investments has surpassed the milestone of $30 billion in net crypto assets under management (AUM). The company says the tremendous growth is due to institutional investors, particularly ... ( read original story ...)

SoftBank Group Corp (OTC: SFTBY) is planning to launch two more SPACs. What Happened: The two SPACs aim to raise a total of $550 million in their IPOs, Reuters reported, citing regulatory filings. SVF ... ( read original story ...)

When the entire World is moving towards a progressive direction, it’s so sad that Nigeria’s government thinks banning Crypto is the way to go. A misplaced priority if you ask me. However, I know the ... ( read original story ...)

Oby Ezekwesili, former Minister of Education has slammed the Central Bank of Nigeria for placing a ban on cryptocurrency trading. ( read original story ...)

Bitcoin climbed toward $40,000 in a rally that helped the market value of digital tokens scale a new peak. The largest cryptocurrency rose as much as 5.6% to $39,959 on Saturday, taking it closer to ... ( read original story ...)

Tracking over a million tweets using trends software, an interest-map was created based on geotagged Twitter data in the last week. ( read original story ...)

Sumitomo Mitsui Banking Corporation (“SMBC”) (President and Group CEO: Makoto Takashima) announced today the launch of Sustainability-Linked Loan ... ( read original story ...)

H H&L Acquisition, a blank check company targeting the healthcare sector in Asia, raised $360 million by offering 36 million units at $10. The company offered 6 million more units than anticipated. ( read original story ...)

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Cryptocurrency exchange Bifinex said Friday it repaid a half billion ... ( read original story ...)

Japan has extended its state of emergency from the Tokyo area to another seven prefectures covering the cities of Osaka, Kyoto ... range in further sign of hot IPO market Affirm, the consumer ... ( read original story ...)

China’s central bank, issued the draft Regulations on Non-bank Payment Institutions for public comment (Draft Regulations). Th ... ( read original story ...)

Meltem Demirors, Coinshares chief strategy officer, joins 'Power Lunch' to discuss the cryptocurrency interest in 2021 and growing regulation around the currency. ( read original story ...)