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BLUE UPDATE

SEC Wants Your Input on Crypto: How to Get Involved

The U.S. Securities and Exchange Commission SEC has revealed its quest for new participants to join its Investor Advisory Committee, an essential entity formed under Section 911 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

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BLUE UPDATE

CBN Shuts Down #cryptocurrency Exchange Bank Accounts

The Central Bank of Nigeria has shut Down Cryptocurrency Exchange Bank Accounts. The memo dated “February 5, 2021 Reads – LETTER TO ALL DEPOSIT MONEY BANKS, NON-BANK FINANCIAL INSTITUTIONS AND OTHER FINANCIAL INSTITUTIONS The Central of Bank of Nigeria’s (CBN) circular of January 12, 2017 ref FPR/DIR/GEN/C1R,06/010 which cautioned Deposit Money Banks (DMBs), Non-Bank Financial […]