Sunday, December 7

Business

Create crash database to curb accidents, expert urges FG

Experts have urged the Federal Government to establish a unified national crash database to reduce the spate of road accidents in the country. In a statement to The PUNCH, Transportation Safety Researcher, Mujeeb Abdulrazaq, cautioned that Nigeria may find it…

South Korea Expands Travel Rule in Major AML Crackdown

South Korea is preparing one of its toughest Anti-Money Laundering (AML) crackdowns as it plans to expand its crypto Travel Rule to cover transactions under 1 million won ($680).According to a Yonhap News report, the chairman of the country’s Financial…

Legend Internet commercial  paper records 119.7% oversubscription

Legend Internet Plc has recorded a 119.7 per cent oversubscription in its Series 1 Commercial Paper issuance, indicating strong investor confidence in the company. According to a statement from the firm on Wednesday, the oversubscription highlights the market’s positive response…

Crypto Sentiment At Levels When BTC Last Traded Above 0K

Crypto market sentiment is beginning to show signs of improvement, as Bitcoin holds above $90,000, with the attitude toward the market now stronger than it was earlier this month when Bitcoin was trading above $100,000.The Crypto Fear & Greed Index,…

Guinea Insurance to raise  N15bn additional capital

The Board of Directors of Guinea Insurance is seeking shareholders’ approval to raise up to N15bn in additional capital for the company. This was disclosed in the notice of the Extraordinary General Meeting filed with the Nigerian Exchange Limited on…

UK Floats ’No Gain, No Loss’ Taxes on DeFi Transactions

The UK has floated a new tax framework that eases the burden on decentralized finance (DeFi) users, with deferred capital gains taxes on crypto lending and liquidity pool users until the underlying token is sold, which the local industry has…

SEC mandates operators to register instruments by January

The Securities and Exchange Commission has directed all Capital Market Operators to declare their compliance status and ensure that every tradable instrument under their management is fully registered in line with the Investments and Securities Act 2025 by January 2026.…

Brazil offers lesson in winning the ‘Taco’ trade

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldHow do you say “Taco” — as in “Trump Always Chickens Out” — in Portuguese? It is a question some…

South Africa Central Bank Finds No Urgent Need for CBDC

The South African Reserve Bank says it doesn’t see a need for a central bank digital currency in the near term, instead saying the country should modernize its payments system.The South African central bank said in a paper released on…

Switzerland Delays Crypto Tax Sharing Rule Until 2027

Switzerland has delayed implementing rules that would automatically exchange crypto account information with overseas tax agencies until 2027 and is still deciding which countries it will share data with.Crypto-Asset Reporting Framework (CARF) rules will still be enshrined into law on…

DEX Trading Volumes Surge on Memecoins Mania

Crypto decentralized exchange (DEX) trading volumes have surged to a peak against their centralized counterparts, driven by a “memecoin speculation mania,” says CoinGecko.The ratio of spot crypto trading on DEXs compared to centralized exchanges (CEXs) has more than tripled in…

ETH Whales Abstain As Data Shows Reduced Odds For K Rally

Key takeaways:ETH derivatives exhibit a fading bullish appetite as Ethereum’s TVL declines and network fees decrease, reinforcing persistent risk aversion.US job layoffs climb, and seasonal hiring weakens, leaving traders waiting for fresh liquidity before rebuilding confidence in ETH’s near-term upside.Ether…

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