Dedollarization Stumbles: Nigeria China Currency Swap
China and Nigeria renewed a $2 billion currency swap deal for three years, enhancing financial ties and currency usage amid Trump’s dedollarization warning. #Update #Legal @China ↗ (+3)
Nigeria
Nigeria Freezes $37M USDT MEXC KuCoin
Nigeria freezes $37M in $USDT linked to @MEXC_Global and @kucoincom wallets amid a money laundering probe. The EFCC alleges ties to terrorism financing. Federal High Court Judge Nwite approved the freeze on Aug. 9, 2024. #CryptoRegulation
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