Nigeria plans to delist naira from all P2P crypto platforms

2024-5-7 13:21

Nigeria aims to ban naira use on peer-to-peer (P2P) trading platforms. News comes after a meeting between the government represented by the Securities and Exchange Commission (SEC) and the blockchain community.

The latest cryptocurrency news from Africa is that Nigeria has plans to delist the local currency naira from all peer-to-peer (P2P) crypto trading platforms in the country.

Newspaper publication PUNCH reported early Tuesday that the Federal Government is working via the Securities and Exchange Commission (SEC) to remove naira from all P2P crypto platforms.

The move comes amid the government’s efforts against alleged dollar racketeers and exchange rate manipulators.

Nigeria SEC met crypto sector players

This latest development in the Nigerian crypto landscape follows a meeting that involved the country’s newly-appointed Director General of the SEC Emomotimi Agama and the blockchain community. Agama revealed the government’s naira plans during this meeting.

While the government will not allow for any manipulative acts that threaten the markets and Nigeria’s interests, the plan is to work closely with the industry to promote responsible growth and innovation.

Agama’s remarks to the Blockchain Industry Coordinating Committee of Nigeria (BICCoN) emphasized the government’s readiness to engage and collaborate with the crypto space.

As Coinjournal highlighted recently, the meeting with the SEC came amid BICCoN’s calls for a roundtable between the SEC chief and crypto exchanges. This meeting could be crucial in the overall quest to make Nigeria a cog in the global digital assets arena.

The post Nigeria plans to delist naira from all P2P crypto platforms appeared first on CoinJournal.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Nigerian Naira (NGN) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 NGN

platforms p2p nigeria naira between government represented

Источник: coinjournal.net

platforms p2p → Результатов: 63


Фото:

Nigeria to remove Naira from P2P trading platforms to curb currency manipulation

The Nigerian government has revealed intentions to delist the national currency, the Naira, from all peer-to-peer (P2P) trading platforms. Emomotimi Agama, the Director General of the Nigerian Securities and Exchange Commission (SEC), reportedly revealed this plan during a virtual meeting with the country’s blockchain stakeholders today as part of a wider effort to combat the […] The post Nigeria to remove Naira from P2P trading platforms to curb currency manipulation appeared first on CryptoSlate.

2024-5-7 23:30


Pakistan authorities face increasing pressure to regulate cryptocurrencies as adoption skyrockets

It is no secret that a large chunk of global cryptocurrency adoption is being driven by P2P transactions on exchange platforms in developing nations, even as the governments in these emerging markets The post Pakistan authorities face increasing pressure to regulate cryptocurrencies as adoption skyrockets appeared first on AMBCrypto.

2021-10-18 20:30


ECN Leaves Tron Network

ECN, the token of the decentralized prediction market application for p2p rates and bets is migrating from the TRON blockchain to the Ethereum and Tezos platforms. In recent weeks, ECN has managed to get into the top three most popular tokens on TRON, according to the Tronscan service, whereas the project’s smart contract comes second … Continued The post ECN Leaves Tron Network appeared first on BeInCrypto.

2021-8-15 11:20


Best Bitcoin Lending Sites 2020 – P2P Crypto Loans

Bitcoin’s flexible nature has enabled it to evolve into a multifaceted financial phenomenon that acts primarily as a store of value but can be used for many other purposes as well. One of the emerging trends in bitcoin industry are bitcoin loans that can be taken from bitcoin lending platforms – which is the topic […]The post Best Bitcoin Lending Sites 2020 – P2P Crypto Loans appeared first on CaptainAltcoin.

2020-2-20 00:52


Фото:

Russians Can Use Qiwi, Sberbank, Yandex Money and Now Binance P2P Exchange to Buy Bitcoin With Rubles

A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike small online exchangers and peer-to-peer platforms.

2020-2-13 02:10


Фото:

South American Bitcoin Trading is Surging Despite Price Volatility

Heightened market volatility has failed to dampen enthusiasm throughout South America, as bitcoin trading volumes in Venezuela, Brazil, Chile, and Colombia continue to soar. Venezuela Trades Record Bolivars For Bitcoin Data from monitoring resource Coin Dance, which tracks trading across three decentralized P2P platforms, confirmed the new all-time high record this weekend.

2019-7-15 15:00


Фото:

‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders

P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the only recognized currency in the economically embattled southern African country.

2019-7-13 20:30


дальше еще 14 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Dogwifhat and Popcat sell-off as whale dumps tokens

Dogwifhat (WIF) price was down 11% on the day as top meme coins struggled. The Popcat (POPCAT) token also traded lower, falling by 20% in 24 hours. A whale has dumped both WIF and POPCAT tokens at a loss.

US arrests two Chinese nationals in $73 million crypto scam

US authorities arrested Daren Li and Yicheng Zhang in connection with a $73 million money laundering scheme. The defendants laundered the money via US and international bank accounts. Proceeds of the investment scam were converted to the USDT stablecoin.

Bitcoin price: Here’s why QCP Capital expects BTC run to $74k

Bitcoin surges past $66k after US CPI data triggers buyside pressure Here’s why QCP Capital analysts say BTC could run to $74k Bitcoin price surged past the $66,000 mark on Thursday to hit highs last seen in April amid a fresh dose of bullish sentiment.

Peter Thiel’s VC, Vitalik Buterin back $70 million raise for Polymarket

Peter Thiel’s venture capital firm Founders Fund co-led a $45 million Series B raise for Polymarket. Ethereum co-founder Vitalik Buterin also backed the Series B round. The predictions marketplace also announced it raised $25 million in a Series A round, led by General Catalyst and Polychain.