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CRYPTO FIRMS
KPMG has called on Nigerian financial institutions to integrate blockchain technology and form partnerships with cryptocurrency firms, moving beyond cautious approaches to harness the opportunities of digital finance.
The Federal High Court in Abuja has convicted two more Nigerian crypto companies, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for illegally conducting USDT-to-Naira transactions without a banking license.
The OCC in America announced that it was working with banks and crypto firms on improving the technological cooperation in the financial system.