OTG Advances Forex and CFD Trading Services with Focus on Payment

OTG Advances Forex and CFD Trading Services with Focus on Payment

The emerging brokerage outlines its development strategy across digital transactions, MetaTrader 5, market access and client support, alongside its published corporate and licensing information. November 2026 – OTG, a Forex and Contracts for Difference (CFD) brokerage brand operated by OTG GROUP Ltd., is advancing its digital trading services with a focus on transaction processing, trading…

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Japan Bought Record 7.9 T. Yen in Forex Intervention July 30

Japan Bought Record 7.9 T. Yen in Forex Intervention July 30

Tokyo, Nov. 9 (Jiji Press)–The Japanese government and the Bank of Japan bought 7,975.6 billion yen for dollars in foreign exchange market intervention on July 30, the Ministry of Finance said Monday. This was the largest single-day yen-buying intervention conducted by Japanese authorities with an aim to stem a drop in the country’s currency, surpassing…

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Nigeria's central bank sets $11.16M capital rule for foreign-currency stablecoin issuers

Nigeria's central bank sets $11.16M capital rule for foreign-currency stablecoin issuers

The Central Bank of Nigeria (CBN) has introduced new regulations requiring locally licensed issuers of foreign-currency-pegged stablecoins to maintain a minimum paid-up capital of about $11.16 million. These rules, effective from November 5, apply to virtual assets used for payments, settlement, and foreign exchange, classifying foreign-currency stablecoins as Class 2 tokens. The regulation also sets…

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