Tag: Crypto

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G7 seeks anti-money laundering rules for peer-to-peer crypto deals

The Group of Seven countries will urge an international finance watchdog to consider tightening oversight of cryptocurrency transactions between individuals, in a bid to...

Crypto exchange Binance to halt sterling transfers

Binance is halting its sterling deposits and withdrawals, a company spokesperson said on Tuesday, a month after the world's largest crypto exchange ceased dollar...

U.S. regulators warn banks to be on alert for crypto-related liquidity risks

Top U.S. banking regulators issued a fresh warning to banks to be on guard for any liquidity risks from cryptocurrency-related clients, cautioning some of...

IMF lays out crypto action plan, recommends against legal tender status

The International Monetary Fund (IMF) has laid out a nine-point action plan for how countries should treat crypto assets, with point number one a...

Crypto exchange Bitfront shuts down

Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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