The recent directive by the Central Bank of Nigeria to shut down crypto trading in the country has driven conversations by governments around the world on how to regulate Bitcoin and other cryptocurrencies without stifling Read More
Tags :Ban on Cryptocurrency
As bitcoin recently hit a $1 trillion market cap at $54,000 per coin, many crypto traders might be unable share in the wins as few countries have ordered the ban of crypto exchange in local banks and Read More
Following CBN’s ban of crypto trading in Nigeria, Nigerian senators have reacted with a majority arguing against the ban. However, Senator Sani Musa of the Niger East Senatorial District argued for the ban insisting Read More
The Central Bank of Nigeria, CBN, has instructed Deposit Money Banks (DMBs), Other Financial Institutions (OFIs), Non-Bank Financial Institutions (NBFIs) and local financial institutions to stop transactions in crypto or facilitate payments for crypto exchanges. Read More
