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Nigeria’s top banks collaborate on new cNGN stablecoin

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The cNGN serves as a complement, not a substitute, for the eNaira. Unlike the eNaira, created by the Central Bank of Nigeria (CBN) with broader capabilities, the cNGN is overseen by a consortium involving Nigerian banks.

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Bitcoin is rejected at $83K as US bond yields reverse higher with equities

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Bitcoin price action failed to improve with equities as a sell wall at $83,000 kept BTC in a tight range.

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Coin Market

Made an ‘honest’ mistake with crypto taxes? New bill offers way out

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A proposed US bill would let crypto investors correct past tax reporting mistakes through a dedicated disclosure program, with reduced penalties for eligible taxpayers.

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Coin Market

Public companies object to OKX-ICE’s tokenized stock plan

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Nine public companies objected to having their shares offered in tokenized form by OKX and ICE, testing whether platforms can create blockchain-based markets without issuer consent.

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