Sentiment
FTX collapse won’t impact everyday use of crypto in Brazil: Transfero CEO
The crumbling of the FTX crypto empire may have damaged Brazilian retail and institutional sentiment toward crypto. However, its impact won’t affect everyday citizens — who will still use crypto for cross-border transactions. Reflecting on the recent fall of FTX, Thiago César, the CEO of fiat on-ramp provider Transfero Group said that the exchange’s fall, like in many countries around the world, has hurt confidence around centralized crypto exchanges and crypto in general. Transfero Group is tied in closely with the Brazilian crypto ecosystem and FTX as it was the fiat on-and-off-ramp provider for the exchange and is also the issuer of Brazilian Stablecoin BRZ, which was listed on the now-defunct exchange. César told Cointelegraph that the collapse of the exchange had removed a...
Institutional investors headed for a tipping point on crypto — Apollo Capital
Henrik Andersson, CIO of crypto asset fund manager Apollo Capital believes institutions may soon “flip” on their conservative stance towards crypto. Speaking to Cointelegraph, the Melbourne-based crypto fund manager said that while institutional interest in crypto has been slow in picking up, particularly in Australia, there are a lot of players that are waiting for the right moment to strike. Andersson admitted that major institutional investors in Australia, particularly retirement funds (or superannuation funds) have yet to warm up to the digital asset space. “It’s still early days. So yes, speaking to a lot of family offices in Australia and smaller boutique institutions. The big industry super funds are not there yet.” “From their point of view its still a lot of education going...
Yahaya Bello: Nigeria deserves the best captain no matter where he comes from
The Governor of Kogi State, Alhaji Yahaya Bello, has said that rather engage on the unconstitutional issue of rotational presidency, what Nigerians should focus on is look for that Nigerian, no matter where he comes, who can be the captain to pilot the country to the promised land. The governor who stated this at the First Annual Governor Yahaya Bello (GYB) Seminar for Nigeria’s Political and Crime Correspondents/Editors at the Transcorp Hilton, Abuja, said that even after 16 years of Peoples Democratic Party (PDP) and another six years of All Progressives Congress (APC), in the country, the problems of the nation has not been solved by the rotational presidency that has taken place over the years. Bello insisted that the political party must not limit the choice of Nigerians to any region...
Court declares SEC sanctions against Oando management null, void
Wikipedia Oando shareholders in the persons of Alhaji Yakubu Gumel; Alhaji Kabiru Tambari, suing for himself and on behalf of the Sokoto Zone Shareholders Association; Tunde Badmus, suing for himself and for the benefits of Pacesetters Shareholders Association, bagged yet another win at the Federal High Court (FHC) Kano, in a suit filed against the Securities and Exchange Commission (SEC) for overreaching its powers. Justice A. Lewis Allagoa presiding over the ruling dismissed the regulators preliminary objection and granted all the reliefs sought by the Oando Shareholders. The FHC Kano dismissed SEC’s objection on the basis that the shareholders’ claims fall under their rights as shareholders according to the Companies and Allied Matters Act (CAMA) and is therefore not a capital markets i...
Osun governor condemns ethnic colouration in fight against terrorism
Governor Gboyega Oyetola of Osun State has condemned the ethnic coloration in which the fight against terrorism and insurgency is taking in Nigeria. Oyetola, however, called on Nigerians to form a collective synergy with the aim of bringing an end to the worrisome security situation bedevilling the nation. Oyetola, who was represented by the Secretary to the State Government, Prince Oluwole Oyebamiji, on Saturday at an international colloquium organised in honour of Prof. Siyan Oyeweso’s 60th birthday and Book Launch held at Western Sun International Ede, Osun State, flayed the ethnic coloration the issue of security is taking in the country. The governor called on security operatives to go after criminals devoid of any kind of sentiment. According to him, the menace of terrorism and insur...
Ondo CP: My confrontation with Ondo deputy governor an attempt to promote sentiment
Mr. Bolaji Salami, the Commissioner of Police in Ondo State, has said that the open confrontation between the Deputy Governor, Hon. Agboola Ajayi, and him is an attempt to promote sentiment. Salami who stated this in a statement signed by the State Police Public Relations Officer (PPRO) Tee-Leo Ikoro said the Command would not condone lawlessness in the state. The State Commissioner of Police, Salami, while reacting to the confrontation between him and Ajayi said he has been misrepresented in the video being circulated on the development. Salami described the video being circulated as an attempt to foment sentiment and cause misunderstanding in the state, maintaining that the police under his supervision will take decisive responsibility when performing their legitimate functions as prescr...
