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S&P downgrades South Africa's local currency debt to 'junk' status JOHANNESBURG (Reuters) - S&P Global Ratings downgraded South African local currency debt to "junk" territory on Friday, citing a further deterioration in the country's ... But Moody's decision to only place South Africa on review for a downgrade may have prevented a larger sell-off in the currency.
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NDIC lists risks of trading in digital currencies The CBN cannot say anyone cannot trade with it and NDIC will not insure any trading in any currency not issued by the CBN." At the moment, the director said an inter-agency committee, involving the NDIC, Ministry of Justice, Economic and Financial Crimes Commission, EFCC, Nigeria Police, ...
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Bitcoin in India: What Happens When the World's Largest Remittance Market Regulates Bitcoin? In December, the Philippine central bank legalized bitcoin as a legal currency, enabling expat workers and local employees to use bitcoin to process remittance payments. Consequently, Coins.ph, the largest bitcoin brokerage and remittance startup in the Philippines, gained 2 million active users, ...
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