NIGERIA ONLINE Bitcoin up, Ether down; Nigeria publishes rules on virtual assets 2 years ago Szarlot Post Views: 369 Bitcoin, the leading cryptocurrency internationally, traded higher on Sunday, up 0.67 percent to $29,583 as of 08:32 a.m. Ether, the second most traded cryptocurrency, was priced at $2,018, down 0.52 percent, according to data from Coindesk. Nigeria’s markets regulator publishes rules on crypto assets Nigeria’s markets regulator has published a set of regulations for digital assets, signalling Africa’s most populous country is trying to find a middle ground between an outright ban on crypto-assets and their unregulated use. Nigeria’s Securities and Exchange Commission, also known as SEC published the “New Rules on Issuance, Offering Platforms and Custody of Digital Assets” on its website. The 54-page document lays out registration requirements for digital assets offerings and custodians, and classifies the assets as securities regulated by the SEC. The SEC said no digital assets exchange would be allowed to facilitate trading of assets unless it had received a “no objection” ruling from the commission. A digital assets exchange will be required to pay 30 million naira ($72,289) as a registration fee, among other fees. Central African bank regulator reminds states of crypto ban Central Africa’s regional banking regulator sent out a reminder on Friday about its ban on cryptocurrencies, weeks after the Central African Republic, a member state, made bitcoin legal tender. The Banking Commission of Central Africa, also known as COBAC, which regulates the banking sector in the six-nation Economic and Monetary Community of Central Africa, said the prohibition was meant to ensure financial stability. The announcement came as cryptocurrencies nursed large losses on Friday after the collapse of TerraUSD, a so-called stablecoin, rippled through markets. The Central African Republic’s presidency announced on April 27 that bitcoin had been made legal tender, making it only the second country to do so after El Salvador. Source: arabnews.com About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: bitcoin, cryptocurency, Ether, Nigeria Continue Reading Previous Top 5 Interesting Facts about Online Gambling MarketNext Slotegrator launches new platform for online casino operators More Stories ONLINE SOUTH AFRICA Top Betting Sites in South Africa Featuring the Aviator Crash Game 7 hours ago Szarlot GAMES ONLINE Pragmatic Play introduces a twist on picture bingo with Animingo 7 hours ago Samuel ONLINE SOUTH AFRICA Nolimit City launches in South Africa 1 day ago Samuel EXPERTS NIGERIA Bandits funding terrorism through crowdfunding, betting platforms 1 day ago Samuel ONLINE What Is Blockchain? 1 day ago Szarlot NIGERIA ONLINE Nigerian crypto fee hike invitation for crypto “big boys” 2 days ago Szarlot KENYA ONLINE iGaming’s Global Growth: From Africa to North America 2 days ago Szarlot KENYA ONLINE Kenya’s Blockchain Association Makes Plea for Detained Binance Executives 2 days ago Samuel HOT NEWS ONLINE SOUTH AFRICA South Africa’s online casino industry in 2024 3 days ago Samuel ONLINE SOUTH AFRICA Analysis Of Land-Casinos and Online Casinos in South Africa 3 days ago Szarlot BETTING NIGERIA Seun Kuti criticizes Nigerian elites over youths sleeping in betting shops 3 days ago Samuel ONLINE UGANDA How to Easily Find Your Favorite Game at Buffalo Slots 3 days ago Tools Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.