Based on information from Punch’s article, the Economic and Financial Crimes Commission (EFCC) is intensifying its efforts against individuals and cryptocurrency platforms suspected of breaking Nigerian naira regulations. This action goes beyond Binance and encompasses all crypto exchanges and related groups, often involving market manipulation. According to insiders at the Economic and Financial Crimes Commission … Read more
In a conversation with Yahoo Finance, BlackRock’s Global Co-Head of Bond ETFs Steve Laipply recommended shifting funds from cash to fixed income investments. He highlighted the uncertainty surrounding when interest rate cuts may occur as justification for this move. Although the Federal Reserve has recently reduced holdings, Laipply advocated for a gradual adjustment to take … Read more
In Western Australia’s Kununurra town, thousands of residents face significant inconvenience due to the lack of ATMs and bank branches. This development comes in the wake of Australia’s shift towards a cashless society, resulting in many banks, including the Commonwealth Bank (CBA), National Australia Bank (NAB), and Westpac, closing their physical branches. In the study, … Read more
SBI VC Trade, a digital asset branch of Japan’s SBI Group, recently introduced Rent Coin: a novel lending service enabling SHiba Inu (SHIB) investors to generate passive income. This platform mimics conventional banking lending methods, keeping crypto assets secure while providing additional earnings. Starting at 8:00 PM today, we’re accepting applications for lending in BTC, … Read more
Jerome Powell’s indication of a possible hold-off on reducing interest rates from the Federal Reserve has brought market uncertainties. According to Powell, the US Federal Reserve could delay making interest rate reductions in response to rising inflation figures. At the IMF-World Bank gatherings in Washington, where global monetary and financial heads convene, issue a warning … Read more