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Nigeria Leads Bitcoin P2P Trading Across Africa in Q1 2021
Despite the suspension of crypto trading in Nigeria, amidst regulatory works, Nigeria is leading the Bitcoin P2P trading in Africa in the first quarter of 2021. Between January and March, Nigeria posted a peer-to-peer (P2P) Bitcoin trading value worth $99.1 million, Kenya followed with $38.4 million,( $61 million less than Nigeria’s). Ghana and South Africa…
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CBN, SEC To Regulate Cryptocurrency Trading In Nigeria
The Securities and Exchange Commission (SEC) has announced a collaboration with the Central Bank of Nigeria to work on regulating cryptocurrency trading in Nigeria. The Director-General, SEC, Lamido Yuguda, revealed this at the 2021 first post-Capital Market Committee (CMC) virtual news conference. He said that the commission had suspended the implementation of crypto assets guidelines due…