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Analyzing Bitcoin’s summer performance with a cautionary eye on September
Quick Take As July comes to a close, Bitcoin’s performance offers a nuanced view, closing the month with a slight dip of about 3.5%. This is the second month this year where Bitcoin has declined, but despite this, the cryptocurrency has seen a remarkable yearly increase of 77%, Moving into the final month of summer, […] The post Analyzing Bitcoin’s summer performance with a cautionary eye on September appeared first on CryptoSlate. дальше »
2023-7-31 19:00
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Nigeria’s social payments app, Bundle, shutting down crypto exchange
Bundle, a Nigerian social payments app, is winding down its cryptocurrency exchange division дальше »
2023-7-23 10:51
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Binance sends cease and desist notice to fraudulent Nigerian entity
This comes after the Nigerian Securities and Exchange Commission released a circular stating the illegality of Binance Nigeria Limited in the country. дальше »
2023-6-19 13:58
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Kenya: A CBDC Is Not Our Immediate Priority
The Central Bank of Kenya (CBK) is open to the idea of a central bank digital currency (CBDC). Even so, considering the fading allure of CBDCs globally and the availability of alternative payment solutions in the East African nation, the central bank has, in a press release on June 2, said implementing a digitized version of the […] дальше »
2023-6-3 21:39
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Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. дальше »
2023-5-9 23:20
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Nigerian government formally approves blockchain use
The Nigeria Federal Executive Council has approved the National Policy on Blockchain drafted by the Federal Ministry of Communications & Digital Economy, paving the way for the formal use of blockchain technology in the country. дальше »
2023-5-4 20:30
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Will another rate hike be a massive mistake by the Fed?
Quick Take As we prepare for a 25bps rate hike that takes the Fed funds rate to 5. 00-5. 25%, this could be a third mistake from the Fed. First Mistake The Fed hiked rates way too late after inflation was still an issue; the Fed’s balance sheet continued to increase while inflation was surging. дальше »
2023-5-4 19:41
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MetaMask Partners With MoonPay To Enable Instant Crypto Purchases In Nigeria
Crypto-related developments continue to gain more ground despite the recent market turmoil caused by FTX has broken the investors’ trust. This time, ConsenSys, the firm behind the most used self-custodian cryptocurrency wallet, MetaMask, inked a partnership with Web3 payment channel, MoonPay. дальше »
2023-3-22 12:25
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ConsenSys and MoonPay enable crypto purchases in Nigeria via MetaMask
ConsenSys and MoonPay have partnered to allow Nigerians to buy bitcoin (BTC) and other cryptocurrencies from MetaMask and Portfolio dapp using direct bank transfers. The Central Bank of Nigeria (CBN) is yet to lift its ban on crypto transactions. The… дальше »
2023-3-22 16:08
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Metamask, Moonpay partner to allow Nigerians buy crypto directly
Buying cryptocurrencies in Nigeria just became easier following the partnership between Moonpay and ConsenSys — enabling direct crypto purchases via bank transfers on MetaMask. The post Metamask, Moonpay partner to allow Nigerians buy crypto directly appeared first on CryptoSlate. дальше »
2023-3-21 14:10
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JP Morgan rugged pulled by a bag full of stones – should have verified
Quick Take One of the advantages of Bitcoin and running a full node is verifying every transaction on the blockchain. The post JP Morgan rugged pulled by a bag full of stones – should have verified appeared first on CryptoSlate. дальше »
2023-3-21 14:06
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Options open contracts hit new ATH – 468K Bitcoin
Quick Take The total amount of funds in (USD value) allocated in options contracts.
The post Options open contracts hit new ATH – 468K Bitcoin appeared first on CryptoSlate.
дальше »2023-3-21 13:54
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Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries
Nigerians are protesting their country's CBDC and demanding renewed access to paper money, despite government incentives to use the digital currency. дальше »
2023-3-7 20:56
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Nigeria tries to enforce cashless society with CBDC eNaira amidst financial disaster
Nigeria, Africa’s most populous nation and largest economy, is currently facing a financial crisis that has underscored the importance of cryptocurrencies for its population of over 219 million. дальше »
2023-2-24 17:23
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Bitcoin price rises to $38k in Nigeria as adoption push heightens
Nigeria’s bitcoin (BTC) premium has reportedly risen by 60%. The surge comes as the state’s central bank limits ATM cash withdrawals to a maximum of $44 daily. Nigerian Central Bank limits cash withdrawals According to recent reports, Nigeria’s BTC premium… дальше »
2023-1-30 12:45
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Nigeria to regulate stablecoins and ICOs
The newly released CBN vision 2025 documents highlight the possibility of using a regulated stablecoin for payments and raking in foreign direct investments from the initial coin offering model. дальше »
2023-1-11 10:25
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Nigeria Set To Consider Bitcoin As A Legal Tender: Here’s All You Need To Know
Africa’s most populous country, Nigeria, may be next in line to consider bitcoin and other cryptocurrencies as legal tender in 2023 as it prepares a law to recognize digital assets. дальше »2022-12-20 00:13
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Nigeria Might Support Bitcoin And Cryptocurrencies, New Report Shows
The cryptocurrency market and bitcoin popularity in Nigeria have been rising in recent years. Despite the ban on crypto trades by the government in 2021, Nigerians continued to engage in cryptocurrency-related activities. дальше »
2022-12-19 14:30
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Nigeria passes amendment bill to regulate crypto
The Central Bank of Nigeria might soon recognize cryptocurrencies as "capital for investment" with the new bill. дальше »
2022-12-19 13:43
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The Costs Of Running A Bitcoin Node In Nigeria
The hardware, electricity and internet costs of running a Bitcoin node in Nigeria and ideas for mitigating these costs. дальше »
2022-12-15 05:34
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Nigeria To Establish Special Economic Zone For Bitcoin, Crypto
The NEPZA is in discussions with Binance and Talent City to establish a special economic zone for bitcoin and cryptocurrencies in West Africa. дальше »
2022-9-8 17:48
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Nigeria To Build Crypto-Friendly Digital City In Partnership With Binance
Binance, the world’s largest exchange is in talks with the Nigeria Export Processing Zones Authority (NEPZA) over plans to create a special economic zone focused on crypto and blockchain-related businesses. дальше »
2022-9-5 17:22
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Building Nigeria’s Bitcoin’s Village
Entrepreneurs in Nigeria are building on the country’s growing interest in BTC and establishing Bitcoin Village, a safe haven for Africa. дальше »
2022-8-11 16:23
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Bitcoin Ban In Nigeria: What Has Changed?
More than a year since Nigeria banned bitcoin services, its SEC has released updated regulations. Will the bitcoin market be affected? дальше »
2022-7-2 12:00
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Bitcoin Optimism: People In Developing Nations Believe Crypto’s Future Is Bright
Many in the financial establishment in industrialized economies see bitcoin and other cryptocurrencies with skepticism, as a speculative and highly volatile trend that can only end badly. U. S. and European regulators have issued dire warnings about the perils of crypto trading. дальше »
2022-6-8 09:54
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Report: African crypto startups venture funding grows by over 1000% in 2022
The African Blockchain Report 2021 by Crypto Valley Venture Capital (CV VC) and Standard Bank has revealed that crypto startups in Africa saw more venture funding in the first quarter of 2022 than in 2021. дальше »
2022-5-24 04:30
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Backed by Coinbase and Alameda, African exchange MARA eyes continental prospects
Africa’s booming crypto ecosystem welcomes a new exchange platform MARA with backing from the likes of Coinbase Ventures and Alameda Research. дальше »
2022-5-12 16:00
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From eNaira to eHryvnia, a Caribbean fintech develops CBDCs around the world
"We're also excited that when working with central banks, we can do it in a way that is through regulation and compliance," said Bitt CEO Brian Popelka. дальше »
2021-12-21 22:00
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Nigerian Minister Calls For Fair Bitcoin Regulation
Clem Agba reportedly said uncertainty in Bitcoin regulation risks depriving government and citizens of plugging into opportunities. дальше »
2021-12-11 21:43
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Nigeria’s eNaira stablecoin becomes focus of new IMF report
Nigeria’s central bank digital currency project, eNaira, is drawing attention and interest of leading financial institutions and it also gaining traction amongst other country’s central banks looking to initiate a similar project according to a report released by the International Monetary Fund (IMF) eNaira to boost remittance The report, authored by economist Jack Ree, explained […] The post Nigeria’s eNaira stablecoin becomes focus of new IMF report appeared first on CryptoSlate. дальше »
2021-11-22 11:00
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China 2.0 – Nigeria Intensifies Major Cryptocurrency Crackdown After CBDC Launch
Nigeria’s central bank has frozen the accounts of two cryptocurrency traders and an entity. In furtherance of the Central Bank’s policy, a local bank has unveiled guidelines to stifle the activities of crypto investors. дальше »
2021-11-12 22:45
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Nigeria’s CBDC Launch – All The Sides Of The Coin
Nigeria has officially launched its CBDC, the eNaira after minor hiccups along the way. The project has been hailed by the country’s government as one that will foster financial inclusion as well as usher in other benefits for the country. дальше »
2021-10-27 10:41
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Crypto-loving Nigeria to launch eNaira stablecoin today
Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today. The post Crypto-loving Nigeria to launch eNaira stablecoin today appeared first on CryptoSlate. дальше »
2021-10-26 19:00
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Nigeria’s CBDC Inches Closer As Website Goes Live
Nigeria is set to be the first African country to launch its Central Bank Digital Currency. The website of the CBDC went live and has since recorded over one million hits, which is indicative of mass curiosity. дальше »
2021-9-30 23:21
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Data: Bitcoin (BTC) adoption grows 1,200% in Africa
The adoption of Bitcoin in Africa has swelled immensely over the past year, making it the third fastest-growing Bitcoin economy globally. BTC adoption up by 1200% in Africa A report produced by Chainalysis estimated the growth to be over 1,200%, which means there has been an increase in Bitcoin activities carried out by retail investors […] The post Data: Bitcoin (BTC) adoption grows 1,200% in Africa appeared first on CryptoSlate. дальше »
2021-9-15 16:00
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Crypto-loving Nigeria begins eNaira CBDC project
Nigeria has upped the ante on its quest for a national digital currency as the Central bank of the African country has revealed that it will be partnering with Bitt Inc as a technical partner for the actualization of the “eNaira” project. дальше »
2021-9-2 07:00
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Emerging markets like Nigeria, Kenya led 880% global crypto growth in 2021
In an effort to measure grassroots cryptocurrency adoption amid the massive growth seen in the crypto market over the year due to traction from industries, the just-published report of on-chain research firm Chainalysis has revealed a surge of over 880% in global adoption majorly driven by peer-to-peer platforms. дальше »
2021-8-20 13:00
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Nigeria moved $40 million via peer-to-peer Bitcoin (BTC) trades last month
Data on Bitcoin peer-to-peer trading has shown that nearly $40 million worth of the leading digital asset was moved in the last 30 days by Nigerian Bitcoin users This figure is in line with those the African country had recorded since her government banned financial institutions from providing their services for crypto transactions. дальше »
2021-8-7 16:16
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Nigerians Move Almost $40 Million In P2P Bitcoin Trading In A Month
Bitcoin trading has always seen high adoption in countries with currencies that are depreciating fast. The West African country of Nigeria has always been at the forefront of BTC adoption in the region. дальше »
2021-8-7 20:00
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Nigeria’s Central Bank Plans to Launch CBDC Pilot Scheme in October 2021
The Central Bank of Nigeria (CBN) is moving forward with its central bank digital currency project (CBDC) project, as the CBN will launch a digital naira pilot program later in October 2021. Nigeria Progresses With Digital Naira Initiative According to the Peoples Gazette, the CBN made the announcement while addressing stakeholders at a webinar onRead More дальше »
2021-7-24 23:00
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Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes
Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. According to the CBN’s Aladeen Badajo, the central bank is concerned with the rate at which Nigerians “mutilate, deface, squeeze and even spray and sell the naira notes.” He adds […] дальше »
2021-6-16 17:00
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An Open Letter To The Nigerian Government: Pursue A Bitcoin Standard
NFL star and Nigerian descendant Russell Okung asks the Nigerian government to adopt a Bitcoin standard or risk falling behind. дальше »
2021-6-13 02:58
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Central Bank of Nigeria Looking to Launch CBDC in 2021
An official of the Central Bank of Nigeria (CBN) stated that the CBN is planning to issue its central bank digital currency (CBDC) before the end of 2021. CBN’s CBDC Project to Improve Foreign Remittance Transfers According to the News Agency of Nigeria on Thursday (June 10, 2021), Rakiya Mohammed, an IT specialist at theRead More дальше »
2021-6-12 23:01
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Will Nigeria Lead The Digital Currency Movement In Africa?
Nigeria’s apex regulatory bank, The Central Bank of Nigeria (CBN), earlier this week hinted at its plans to create a digital Naira. Godwin Emefiele, the nation’s CBN Governor, made this disclosure at a Monetary Policy meeting held in Abuja, the country’s capital. дальше »
2021-5-30 21:43
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Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. дальше »
2021-5-26 12:00
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African crypto exchange registers $3.2B in transactions ahead of global expansion
After a successful run in Nigeria, Quidax announced global expansion plans and the launch of its native token, QDX.
дальше »2021-5-11 21:40
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Peer-To-Peer Bitcoin Trading Rising Across Africa
The conditions for growth are ripe as the continent embraces the freedom of Bitcoin. дальше »
2021-4-30 22:47
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Nigerian hotel becomes country’s first to accept Bitcoin payments
George Residence in Lagos has announced plans to start accepting BTC payments. The company has already converted 50% of its balance sheet to Bitcoin. дальше »
2021-4-27 20:15
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Nigeria’s Central Bank Okays Peer-to-Peer Bitcoin Trading
The Central Bank of Nigeria (CBN) has clarified its stance towards bitcoin (BTC) and other cryptocurrencies, making it clear that crypto traders in the country are free to carry out their operations on a peer-to-peer basis, as its ban did not outlaw the use of cryptos, but it’s rather an effort to protect lenders underRead More дальше »
2021-3-23 00:00
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Nigeria's central bank not discouraging people from trading crypto, says governor
The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks.
дальше »2021-3-22 21:44
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