The Central Bank of Nigeria has upgraded the licences of selected financial technology companies and microfinance banks with nationwide operations, signalling a regulatory push to bring fast-growing digital lenders into closer alignment with their actual scale. The bank’s director of…

KuCoin has appointed former London Stock Exchange Group (LSEG) executive Sabina Liu to lead its European business, tasking her with steering the exchange’s Markets in Crypto Assets Regulation (MiCA) expansion from Vienna after securing a crypto asset service provider license…

The Dangote Petroleum Refinery & Petrochemicals has increased the gantry price of petrol from N699 per litre to N799 per litre. The refinery announced the adjustment in a statement issued on Monday, adding that MRS filling stations will now sell…

South Korea’s central bank chief warned that Korean won-denominated stablecoins could complicate capital flow management, adding a note of caution to an ongoing debate among lawmakers over whether and how domestic stablecoins should be issued, according to local reports.Speaking at…

Republican Senator Roger Marshall has reportedly agreed to hold back on pushing an amendment aimed at credit card swipe fees when the Senate Agriculture Committee marks up a major crypto bill next week. Marshall filed an amendment to the committee’s version…

Australia’s financial watchdog secured a court victory against financial services company BPS Financial Pty Ltd (BPS), with the Federal Court ordering the company to pay 14 million Australian dollars ($9.3 million) in penalties over the promotion and operation of its…

More than half of the top US banks have either started offering or announced plans to offer Bitcoin-related services such as trading or custody, says Bitcoin financial services firm River.In an X post on Monday, River shared a list of…

Cybersecurity researchers have raised red flags about a new artificial intelligence personal assistant called Clawdbot, warning it could inadvertently expose personal data and API keys to the public. On Tuesday, Blockchain security firm SlowMist said a Clawdbot “gateway exposure” has been…

Polymarket has inked a multi-year deal with Major League Soccer, the top-level soccer league in the US, to be the exclusive prediction market partner for the league and its main tournament, the Leagues Cup.The MLS and Polymarket said on Monday…

Bitcoin network hashrate hit a seven-month low over the weekend as a massive winter storm bombarded the United States with snow and ice, pushing miners to curtail operations to stabilize the energy grid.American weather forecasting company AccuWeather reported on Monday…

Ether (ETH) is flashing a familiar macroeconomic setup that preceded a major rally in 2021. One analyst highlighted a recurring sequence linking global liquidity, US small-cap equities and Ether’s price, suggesting a similar impact could unfold for the altcoin. Key…

Ripple has partnered with the innovation arm of Riyad Bank, a major Saudi financial institution, to explore the use of blockchain technology within the country’s financial system, signaling growing interest in blockchain-based infrastructure at the institutional level.The partnership was announced…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.France’s billionaire Pinault family has agreed to sell its entire €1.5bn stake in sportswear brand Puma to Chinese sporting equipment maker Anta…

A $2.24 billion drop in total stablecoin market capitalization over the last 10 days could signal capital is leaving the crypto ecosystem and may delay market recovery, according to a crypto analytics platform. In a post to X on Monday, Santiment…

Global asset manager VanEck has launched a US-listed exchange-traded product offering exposure to Avalanche’s native token, AVAX (AVAX), marking the first spot Avalanche ETF to trade in the United States. According to Monday’s announcement, the product is not registered under…