The law will officially enter into force at a date determined by Namibia’s Ministry of Finance.
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Report: South Africa Regulator Says Unlicensed Crypto Exchanges in 2024 May Be Closed Down
According to the regulator of the South African financial services industry, cryptocurrency exchanges based in the country must secure operating licenses before the year ends.
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Italy’s central bank calls for framework to prevent stablecoin runs
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
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Report: Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities
Dubai’s Virtual Assets Regulatory Authority (VARA) has reportedly asked Binance to share more information about the crypto exchange’s ownership structure and its auditing procedures. According
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British Bank Natwest Implements New Limits on Cryptocurrency Payments to Combat UK Crypto Scams
On March 14, 2023, the U.K.-based bank Natwest Group announced new limits on cryptocurrency payments, citing crypto scams that cost U.K. consumers £329 million annually.
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Nigerian Crypto Leverage Searches Second-Highest Globally — Africa Dominates Searches for Leveraged Trading Products
According to an analysis of Google searches by Leverage Trading, Nigeria is the “second-highest country in the world for searches related to crypto leverage.” Along
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