Nigeria Resumes Dollar Sales to Money Changers Amid Naira’s Decline
The Central Bank of Nigeria resumed selling US dollars to money changers to address the falling value of the naira. This decision came after the naira-to-dollar exchange rate dropped to a low of NGN1,639 per dollar, likely due to increased demand for US dollars for travel and business. The central bank has outlined rules for […] Powered by...
Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023
During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities should not hinder the region’s […] Powered by...
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising to consider similar applications. The SEC aims to protect investors without hindering innovation. To achieve this balance, Emomotimi Agama believes Nigeria needs a clear regulatory […] Powered by...
Hollywood and Netflix Report Piracy Threats to the EU, Call for ‘Intermediary’ Action
Over the past two decades, online piracy has proven to be a massive challenge for the entertainment industries. Governments around the world have recognized this challenge and, where possible, lend a helping hand to identify and address these threats. The European Commission, for example, compiles a bi-annual ‘Counterfeit and Piracy Watch List’ following the example set by the United States. Like its U.S. equivalent, the EU watchlist...
Pirate IPTV Arrests in Sweden Should Include Users, Rightsholders Tell Govt.
Formerly known as Svenska Antipiratbyrån (Swedish Anti-Piracy Agency), in one form or another, Rights Alliance has been on the front lines of Sweden’s war against piracy for almost 25 years. Most famously, the formation of Antipiratbyrån around 2001 triggered the formation of Piratbyrån (Piracy Agency), the pro-piracy activist group behind the launch of The Pirate Bay. Antipiratbyrån dissolved then reemerged as Rättighetsalliansen...