Month: May 2024

The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your Customer (KYC) procedures implemented by these firms. Fintech […] Source: https://news.bitcoin.com/nigeria-cryptocurrency-clampdown-central-bank-directs-fintech-firms-to-stop-opening-new-accounts/

The total value locked (TVL) in real-world asset (RWA) tokenization protocols has seen a remarkable surge of almost 60% since February, reaching a new high of almost $8 billion as of April 26, according to a report by blockchain analytics and research firm Messari. This growth is attributed to a market preference for debt-based, high-yield […] Source: https://news.bitcoin.com/real-world-assets-hits-new-peak-with-8-billion-locked-reports-messari/