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_____Binance Market Update (2024-03-20)____
The global cryptocurrency market cap now stands at $2.38T, down by -7.54% over the last day, according to CoinMarketCap data.
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Genesis Global Capital Agrees to Pay $21M SEC Penalty in Settlement Over Gemini Earn Program
Potential Ether Price Drop to $3,100 Could Trigger $212M Leveraged Long Positions Liquidation
_______Market movers_______
ETH: $3227.17 (-1.17%)
BNB: $528.4 (+3.55%)
SOL: $171.88 (-2.87%)
XRP: $0.5938 (+1.37%)
ADA: $0.6053 (-0.51%)
AVAX: $53.17 (-6.18%)
DOGE: $0.13388 (+4.13%)
SHIB: $0.00002533 (+1.16%)
DOT: $9.12 (+2.04%)
TRX: $0.11561 (-3.63%)
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Genesis Global Capital Agrees to Pay $21M SEC Penalty in Settlement Over Gemini Earn Program
Potential Ether Price Drop to $3,100 Could Trigger $212M Leveraged Long Positions Liquidation
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To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase.
According to a local media report, the African country has asked its telecommunications companies to restrict access to the websites of these crypto firms after the Central Bank of Nigeria (CBN) issued guidelines to regulate the activities of digital asset operators.
The Central Bank of Nigeria had a change of stance in December 2023, instructing banks to disregard the previous ban on crypto transactions imposed in February 2021.
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While no specific timeline is provided for the restriction, the NCC’s directive is expected to take effect immediately. Similar measures were implemented when Nigeria blocked access to Twitter in 2021...
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