-Nigeria SEC collaborates with CBN to Regulate crypto market.-Regulators in Nigeria cannot ignore the $1.74T crypto market.-CBN and SEC also work with other Federal agencies.-In order to develop a national regulatory approach to cryptos in Nigeria. According to a report by Premium Times, the Central Bank of Nigeria (CBN) and
Coinbase will suspend XRP trading next month. The XRP suspension is followed by the SEC lawsuit against Ripple. In addition, full-suspension will take place from January 19, 10:00 AM PT. XRP price dropped over 60% in 10 days. Coinbase announced that Ripple (XRP) trading will be suspended by January 2021.
Ripple, the San Francisco-based fintech firm is now set to open its regional office within Dubai International Financial Center (DIFC) district. Ripple announced its interest in opening a regional HQ in Dubai. However, the fintech firm no longer wants to be situated in San Francisco. This is due to the
