After the collapse of the FTX Stock Exchange.. Calls to regulate the currency and crypto assets sector

08:30 PM Sunday 13 November 2022 Cairo – Masrawy: The collapse of the FTX exchange and the announcement of its bankruptcy has sparked new calls to regulate the crypto-asset sector, which has seen accumulated losses this year with the collapse of cryptocurrency prices, according to Reuters. The cryptocurrency exchange FTX announced its bankruptcy last Friday, … Read more

South Africa recognizes cryptocurrencies as financial assets

South Africa is seeking to allow crypto assets to be traded as financial products to facilitate market regulators’ oversight and help protect consumers. According to the country’s Financial Services Authority notice published recently in the Official Gazette, crypto assets are a digital representation of value. The notice, according to Bloomberg, stated that the country will … Read more

Urgent: Saudi Arabia storms the world of digital assets with this decision By

© Reuters – It appears that the Kingdom of Saudi Arabia, which has launched into many new economic fields and sectors with the aim of creating more economic diversification for the Kingdom, is about to break into the virtual assets sector. According to a report published by Bloomberg Agency and carried by local newspapers … Read more

Nigeria issues rules for regulating crypto assets, which may boost its trading – Eastern Economy with Bloomberg

Nigeria has issued new rules regulating the work of digital assets, providing more clarity on cryptocurrency trading in Africa’s most populous country. The Securities and Exchange Commission has published on its website the “Rules for the Issue, Presentation Platforms, Custodians and Clearinghouses of Digital Assets” in accordance with virtual technologies, and has classified those assets … Read more