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The cNGN serves as a complement, not a substitute, for the eNaira. Unlike the eNaira, created by the Central Bank of Nigeria (CBN) with broader capabilities, the cNGN is overseen by a consortium involving Nigerian banks.

#siban #cbn #stakeholders in blockchain association of nigeria #central bank of nigeria #obinna iwuno

The guidelines aim to set minimum standards and requirements for banking relationships and account openings for virtual asset service providers in Nigeria.

#artificial intelligence #sam altman #spacex #converge 2

The news follows OpenAI's Sam Altman declaring to his 2.5 million followers that 2023 is the "crazy year" when AI started being taken seriously.

#news #policy #regulations #sec #bitcoin etfs

Would-be bitcoin exchange-traded fund (ETF) issuer Hashdex changed its paperwork Friday, naming BitGo as its bitcoin custodian and changing the name of its Bitcoin Futures ETF to the Hashdex Bitcoin ETF as it – and other companies – continue to hope for an approval for the U.S.'s first spot bitcoin ETF early in the new year.

This Christmas, unwrap the mystery surrounding Bitcoin, offering a proper orange pill that promises a festive fusion of zest and joy!

As the days tick down to the SEC's next Bitcoin ETF deadline, there's one last hurdle to clear: Getting clear on authorized participants.

#business #ftx #investments #cryptocurrency exchange #bankruptcy

Reports suggested that some FTX creditors were able to get up to 73 cents on the dollar for selling their claims ahead of any bankruptcy court proceedings.

Wildcard developers Paul and Katy Bettner tell Decrypt's Kate Irwin about why they see their game as a "Web3 game," not a crypto game, and share why they've stuck with their initial vision despite the challenging broader market.

South Korea's strict anti-blockchain gaming rules have led game studios like Wemade to develop for markets abroad.

#trading #2024 #derivatives

Exotic options, structured products, and collateralized debt obligations will become increasingly lucrative options for crypto trading in 2024.

Stablecoins, tokenized treasuries, decentralized private credit, physical-backed NFTs, DeFi in climate and regenerative finance – these are just some of the trends set to remake capital markets in the coming year.

The trial between Craig Wright and Bitcoin Core developers was rescheduled for February following the discovery of new evidence.

#opinion #consensus magazine #crypto 2024

Convergence is more than just a blending of technologies: It is a harmonization that enhances, expands, and redefines our experience of the digital world, says the co-founder of Decentraland Foundation.

The Bulgarian Prosecutor's Office reported to have said that it found “no evidence of criminal activity,” adding that “no evidence of tax offenses or computer fraud was found against the defendants, either.”

#regulation #crimes #law #bulgaria #nexo

Authorities said they found no evidence Kosta Kanchev, Antoni Trenchev, Trayan Nikolov and Kalin Metodiev committed money laundering, tax crimes, or computer fraud.

#opinion #consensus magazine #crypto 2024

With spot Bitcoin ETFs set to be approved, and a halving on the way in April, everyone expects bitcoin to rise in 2024. But history suggests that might not be the case, says Frank Corva.

#defi newsletter

China’s central bank urged regulators across jurisdictions to regulate decentralized finance jointly.

NFTs are poised to be a major driver of Web3 adoption in 2024 – but the successful projects will look very different from what’s come before.

The protocol’s governing body has agreed to pay a $1.4 million disgorgement to the U.S. Treasury, and its two founders will each pay a civil penalty of $125,000.

Solana Labs apologized for overselling the Saga, which saw surging demand after customers realized the incentives outvalued the phone itself.

#united states #sec #regulation #law #court

The commission acknowledged it had not been “accurate and candid” in earlier filings but said sanctions were not warranted, as its staff didn’t engage “in any bad faith conduct.”

#gaming #bitcoin

Sony PlayStation studio Insomniac Games has finally responded to the devastating Bitcoin ransom attack that leaked game and employee data.

#ethereum #markets #bitcoin #solana #binance coin #ripple #cardano #dogecoin #price analysis #avalanche #polkadot #chainlink

Bitcoin is expected to face stiff resistance at $45,000, but the possibility of a rally above the key price level remains high.

The reimbursement of liquidity providers affected by a $61 million hack in July was approved by Curvey's community on Dec. 21.

#ethereum #markets

The second-largest cryptocurrency by market cap is up today as developers prepare for the DenCun testnet rollout in January.

#news #policy #regulations #sec #dao #securities law

BarnBridge failed to register its structured crypto product with the SEC, regulators alleged.

#ethereum #news #bitcoin #technology #blockchain #the protocol #tech #blockchain technology #evm #protocol village

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR'S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)

Bitcoin is not in the mood for another breakout attempt, and even five-month lows in the U.S. dollar index can't budge a flat BTC price.