Tag: Emerging Markets

Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry Players

sysadmin

Nigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency industry. According to an association that advocates for the risk-based regulation of the crypto industry, financial institutions should not use a Nigerian central bank directive as basis for denying service to industry players. Risk-Based Regulation of Crypto Activities A blockchain and crypto industry association has told Nigerian public and law enforcement agencies to stop demonizing and discriminating against blockchain and crypto entities. In its latest press release, the Stakeholders in Blockchain Technology…

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Venezuelan Minimum Monthly Wage Not Pegged to the Petro, According to Official Gazette Decree

coinmaker

The new decree that makes official the recently announced Venezuelan minimum monthly wage rise has been revealed in the Official Gazette, with no mention of its supposed peg to the petro, the national cryptocurrency. The law published mentions that the wage will be 130 VES, using the national fiat currency as a unit of account, something that contradicts statements of the Venezuelan president. Official Gazette Reveals Real Salary Raise for Venezuelans The recent publication of the Oficial Venezuelan Gazette, a magazine where laws and decrees are published when…

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