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CipherTrace - blockbuild

MasterCard acquires CipherTrace to increase Cryptocurrency Expertise

CipherTrace a company that purchases cryptocurrency has just been acquired by MasterCard. The company is involved in anti-money laundering service and has been acquired to increase its expertise in the field of cryptocurrencies. CipherTrace is a crypto forensics startup that uses sophisticated technology with human intelligence to survey transactions done on a blockchain, and also guide…

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SEC Nigeria - blockbuild

Crypto regulations will be effected once accepted in banks – SEC Nigeria

Once the Nigerian government legalizes banks to accept virtual currencies, (SEC Nigeria) Nigeria’s Securities and Exchange Commission is working to establish regulations for cryptocurrencies. The Central Bank of Nigeria (CBN) ordered all financial institutions to stop all transactions involving cryptocurrencies on the 5th, of February 2021. In addition, Apex bank instructed all bodies, individuals, organizations that involve…

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EFCC - blockbuild

Crypto Growth Is a ‘Far Greater Danger to the World Economy’ – EFCC Chairman

Abdulrasheed Bawa, chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), has said that the increase in cryptocurrencies adoption is now producing “a far greater danger to the world economy. Reports have it that Bawa made his submissions during a symposium organized to discuss the negative impact of economic crimes by the Centre for International Documentation…

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