south korea might bring regulations against crypto exchanges

South Korea Might Bring Regulations Against Cryptocurrency Exchanges

On April 22, 2021, A meeting was held by National Assembly’s policy committee South Korea. During the meeting, South Korea’s chief financial services regulator, Eun Sung-soo, mentioned that the agency has yet to receive any Virtual Asset Service Provider (VASP) applications required under a recently amended law effect later in 2021. According to South Korea’s anti-money […]

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no more crypto servicing banks in nigeria

No More Crypto Exchanges Servicing Banks in Nigeria

Nigeria’s commercial banks are prohibited from providing account services to cryptocurrency exchanges. Nigeria’s central bank had taken this decision while cryptocurrency adoption growth increasing in Nigeria. The Central Bank of Nigeria has issued a circular which contains the prohibition and mentioning the previous warnings from the bank about risks that can be occurred with digital […]

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