The World Bank has approved $1.25 billion in development financing for Nigeria to support reforms aimed at accelerating economic growth, creating jobs, and strengthening private sector-led investment. The approval was announced on Wednesday alongside the endorsement of a new Country…

Anchorage Digital has integrated its off-exchange settlement platform with Binance, allowing institutional clients to trade on the exchange while keeping their crypto and cash in qualified custody at the federally chartered US crypto bank rather than depositing assets directly onto…

Nigeria’s recent transition to a shorter market settlement cycle, intended to accelerate the clearing of stock market transactions, has encountered an early setback after FTSE Russell paused the country’s upgrade to frontier market status. Following Nigeria’s upgrade earlier this year…

Cryptocurrency ATMs are fast disappearing from the American landscape as kiosk operators in two US states face bans and restrictions as new laws go into effect.Crypto ATM laws passed by Tennessee and Georgia went into effect on Wednesday, imposing a…

The Central Bank of Nigeria (CBN) has released the names of the 46 microfinance banks whose operating licences were revoked for failing to meet the regulatory requirements for continued operation. The apex bank disclosed on Wednesday that the revocation was…

An Ethereum founder and some of its biggest treasury holders are behind a new independent nonprofit launched to coordinate the blockchain’s institutional outreach, underscoring the ecosystem’s push to attract more banks, asset managers and financial institutions as competition from rival…

The Nigerian Railway Corporation (NRC) has presented a permanent operating licence to the Lagos State Government, authorising the Lagos State Government to operate the Lagos Rail Mass Transit (LRMT) Red Line under the existing Track Sharing Agreement. The presentation makes…

A slew of last-minute licenses were issued to cryptocurrency companies in Europe as Wednesday marked the end of the transitional period under the Markets in Crypto-Assets Regulation (MiCA).Four companies were authorized in Italy this week, including asset management platform Hodlie,…

Nigeria’s recent transition to a shorter market settlement cycle, intended to accelerate the clearing of stock market transactions, has encountered an early setback after FTSE Russell paused the country’s upgrade to frontier market status. Following Nigeria’s upgrade earlier this year…

[Update July 1, 2:15 pm UTC: The article has been updated to add comments from CACEIS.]Crédit Agricole, Europe’s third-largest bank by assets, has launched the EURO eXchange Token (EURXT), a euro-backed stablecoin issued through its asset servicing arm, Crédit Agricole…

Hyun Song Shin, the governor of the Bank of Korea, praised tokenization for its ability to simplify the issuance and management of government bonds.Shin said during a Wednesday panel discussion at the European Central Bank (ECB) Forum on Central Banking…

Circle CEO Jeremy Allaire argued that USDC’s decade-long network of integrations, liquidity and regulatory infrastructure gives it a structural advantage over new stablecoin entrants, while challenging key elements of Open USD’s proposed business model.In a Wednesday X post, Allaire described…

Cryptocurrency markets entered the third quarter of 2026 with less leverage but thinner liquidity after a wave of liquidations cleared speculative positions while major sources of demand weakened during the second quarter.  According to a market update from institutional data provider…

The US consumer advocacy group Public Citizen on Tuesday reported that the cryptocurrency industry had contributed $189 million toward the 2026 election cycle, following its 2024 playbook.According to a report released Tuesday, the nonprofit organization said that about 37% of…

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has proposed the establishment of a specialised Commercial Dispute Resolution Tribunal to speed up the resolution of business disputes, saying prolonged litigation continues to discourage investment and undermine…