Regulations Headlines Nov. 11, 2021
Indonesia’s council of religious leaders has declared Muslims are prohibited from using cryptocurrency
Indonesia has one of the largest Muslim populations. Stock trading is somewhat permissible as long as certain conditions are met, but the topic and both sides of the argument have been heavily debated.
Nigerian banks are tracking accounts suspected of crypto trading
A few days ago, The Central Bank of Nigeria (CBN) demanded all commercial banks freeze the accounts of two or more alleged crypto traders. Commercial banks have begun monitoring accounts in response.