CRYPTO HOT NEWS 23/08/2022
Nigeria aims for millions of new eNaira users as it increases features, targets unbanked
The eNaira, Nigeria’s central bank digital currency (CBDC), will enter the second phase of its expansion with new technology to beef up its user base. Nigerian Central Bank governor Godwin Emefiele told that technical upgrades will add to the attractiveness and accessibility of the CBDC, with a target of about 8 million active users.
CME Group plans to launch options on ETH futures prior to the Merge
Major derivatives marketplace Chicago Mercantile Exchange Group intends to launch options trading for its Ether (ETH) futures products. The group reported it had observed an increase in trading volume and open interest for ETH futures and micro-sized ETH futures options, possibly in anticipation of the Merge.
South African Reserve Bank encourages friendly behavior with crypto
The Prudential Authority of the Reserve Bank of South Africa sent out guidelines to its subsidiaries in an effort to prevent illicit activities, encouraging banks not to cut all ties with cryptocurrency.
Chinese mining giant Canaan doubles profits despite the blanket crypto ban
The Chinese crypto miner maker Canaan has been expanding its mining business. Major Chinese cryptocurrency miner manufacturer Canaan appears to have no issues with the local ban on crypto, as the company’s overall performance has continued to grow in 2022.
Tether reserve attestations to be conducted by major European accounting firm
Tether, which operates the USDT stablecoin, officially began working with BDO Italia a member of the BDO Global accounting organization. They will begin producing monthly attestations of Tether’s USDT backing hrough BDO’s reviews. The attestations will include updates about the number of USDT tokens issued as well as the company’s reserves.
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