Bitcoin News / Bitcoinist - 6 months ago
Recent reports informed of an alleged circular released by the Central Bank of Nigeria (CBN). The document warned financial institutions that engaging with cryptocurrencies and facilitating operations for crypto exchanges was prohibited. The news rai...
Cryptocoins News / Blockchain - 8 months ago
CBN reveals $26 billion transacted through Binance Nigeria from unknown sources, raising concerns amid naira's decline and increasing regulatory actions. (Read More)
Cryptocoins News / Blockchain - 10 months ago
CBN approves ASC's cNGN stablecoin, a regulated digital currency pegged to the Naira, launching on Feb 27, 2024. (Read More)
Bitcoin News / Bitcoinist - 1 year ago
Nigeria’s history with crypto has been a bittersweet one where the citizens have embraced digital assets with open arms but the government remains vehemently against it. This resulted in a ban on cryptocurrencies in the country where citizens have be...
Cryptocoins News / Blockchain - 1 year ago
R3, the CBN's possible technology partner, will help design a new system to give the CBN complete authority over the CBDC. (Read More)
Bitcoin News / Bitcoin.com - 3 years ago
It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency industry. While the measure appears to have succeeded in removing crypto entities from the banking ecosystem, th...
Bitcoin News / Bitcoin.com - 3 years ago
It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency industry. While the measure appears to have succeeded in removing crypto entities from the banking ecosystem, th...
Bitcoin News / Bitcoin.com - 3 years ago
Nigeria is likely to have its own central bank digital currency (CBDC) by the end of the year, an official with the Central Bank of Nigeria (CBN) has said. In his remarks following the bankers’ committee meeting, Rakiya Mohammed, who is the dir...
