Currency Crisis news and trends

Iran’s Banks Banned From Crypto Transactions
Bitcoin // April 23, 2018

Iran’s central bank has banned the country’s banks from dealing in all cryptocurrencies, including bitcoin. According to Reuters, the decision was made over money laundering concerns. “Banks and credit institutions and currency exchanges should avoid any sale or purchase of these currencies or taking any...

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Nigeria Still Holding Binance Execs Amid Crypto Crisis

March 12, 2024
Nigeria is still reportedly holding two Binance executives as it deals with a currency crisis. As The Wall Street Journal reported Tuesday (March 11), the detentions are happening as Africa’s largest economy is blaming the world’s largest cryptocurrency company for driving down the value of its currency. To help solve the problem, Binance Head of Financial Crime Compliance Tigran […]

Iran’s Banks Banned From Crypto Transactions

April 23, 2018
Iran’s central bank has banned the country’s banks from dealing in all cryptocurrencies, including bitcoin. According to Reuters, the decision was made over money laundering concerns. “Banks and credit institutions...