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Binance and Mastercard has officially launch a prepaid crypto card In Brazil. The card is in its beta launch phase in Brazil, and will be widely available in the coming weeks. The Binance Card issued by Dock allows all new and existing Brazilian Binance users with a valid national ID to make purchases and pay […]
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The Central Bank of Nigeria (CBN) has extended the deadline for the use of old 200, 500, 1000 notes to February 10. CBN Governor, Godwin Emefiele, announced the extension in a statement signed on Sunday. He explained that the apex bank has sought approval from President Muhammadu Buhari to extend the deadline for the use […]
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The Central Bank of Nigeria has released the security features of the newly redesigned ₦200, ₦500 and ₦1,000 naira notes. Images of the security features were shared via CBN’s Twitter handle on Friday. This comes after reports that counterfeits of the new naira notes were already in circulation. How To Identify Fake Naira Notes Some […]
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The Co-Founder of a Cryptocurrency company Tiantian Kullander has died “unexpectedly” at the age of 30. Tiantian Kullander, who co-founded the Hong Kong-digital asset company Amber Group, passed away in his sleep, a spokesman for his firm said. The father-of-one, named in Forbes’ prestigious 30-under-30 list in 2019, died ‘unexpectedly’ on 23 November. No further details […]
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Crypto exchange, FTX has filed for bankruptcy in the United States of America. In a statement issued by the company on Twitter, the platform’s Chief Executive Officer, Sam Bankman-Fried, has also stepped down as CEO and has been replaced by John J. Ray III. Bankman-Fried will however stay on to assist with the transition. FTX […]
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For the first time in 20 years, the US dollar and the euro have reached parity, meaning the two currencies are currently worth the exact same. The decrease in value has been stoked by Russia’s invasion of Ukraine as Europe attempts to lessen its dependence on Russian oil. Gas prices have surged across Europe recently, […]
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The American crypto exchange has announced more than 25,000 wallets linked to Russian individuals and organizations it thinks “may be engaged in illegal activities” have been frozen. Coinbase added that it has transferred more details about the relevant accounts to the US government.
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US payment firms Visa and Mastercard have fallen in line with Washington’s sanctions package levelled at Moscow by blocking several financial institutions from their network. US government sanctions demand all “Specially Designated Nationals” and institutions on their list to be excluded from American financial services. The move comes on top of Saturday’s block from the […]
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Everyone following the war in Ukraine seems to be talking about SWIFT — but many people are hearing about it for the first time this week. What SWIFT does and why it matters to Russia . SWIFT, or the Society for Worldwide Interbank Financial Telecommunications, is a secure messaging service that more than 11k banks […]
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As a result of Putin’s ongoing assault on Ukraine, President Biden and the leaders of the European Commission, France, Germany, Italy, the UK, and Canada decided to take specific measures to further isolate Russia from the international financial system. Continuing our lock step, historic coordination, the Leaders decided disconnect key sanctioned Russian banks from SWIFT, […]
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