CryptoNews

Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor

According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the Central Bank of…
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CryptoNews

Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base

Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive step towards an on-chain financial future, setting an example for other exchanges and potentially…
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CryptoNews

GAIMIN’s GMRX Listed on Cryptocurrency Exchanges

PRESS RELEASE. Zug, Switzerland, 25th March 2024 – GAIMIN, the world’s leader in delivering GPU-based decentralised data processing services through gaimin.cloud, today announces its GMRX utility token will be listed on cryptocurrency exchanges. GMRX is a utility token designed to support GAIMIN’s ecosystem, rewarding users for allowing their PC-based GPUs to participate in gaimin.cloud…
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CryptoNews

Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds

Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently stressed that crypto assets are not…
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