Financial Compliance

Mt. Gox Trustee Gives Crypto Investors More Time: New Deadline, Same Hopes!

Mt. Gox Trustee Extends Deadline for Repaying Creditors September 21, 2023, 14:05 GMT+7 For creditors of the now-closed Mt. Gox cryptocurrency exchange, Nobuaki Kobayashi, the individual overseeing the exchange’s bankruptcy proceedings, has granted a one-year extension to the repayment deadline. Extended Deadline: Creditors Must Wait Until October 2024 Originally scheduled for October 31, 2023, the […]

Crypto Financial Compliance News

Rising Inflation Sparks Cryptocurrency Craze in Nigeria: How Bitcoin Offers Financial Refuge

Cryptocurrency is proving to be a real hedge against economic turmoil in many countries facing severe financial crises. Several nations, especially in Africa, including Nigeria, have witnessed a surge in the use of cryptocurrencies, particularly Bitcoin, as a smart way to safeguard their wealth. Data from Chainalysis reveals that Nigeria, one of Africa’s largest economies, […]

Financial Compliance

Bybit’s Battle with UK Regulations: Staying Strong in the Crypto World Despite Challenges!

Bybit Discusses Future with UK Regulators, No Exit Plans Despite Rules Bybit, a significant player in the world of cryptocurrency exchange with a presence in the UK, has denied recent reports suggesting it will leave the UK market due to upcoming marketing regulations. Ben Zhou, CEO of Bybit, clarified the company’s position, stating that they […]