#Nigeria

Despite CBN Ban, Bitcoin P2P Transactions Grow 16% in Nigeria

Last year, the Central Bank of Nigeria (CBN) banned banks from facilitating cryptocurrency transactions, citing protection of the economy and…

3 years ago

Nigerian banks monitor customer accounts for crypto transactions

In Nigeria, commercial banks have started monitoring accounts that appear to be used to trade cryptocurrencies. This action is in…

3 years ago

Nigeria becomes the first African country to implement CBDC-eNaira

Nigeria is the first African country to introduce a CBDC called eNaira. The central bank had previously postponed the launch…

3 years ago

Nigeria’s President Announces Central Bank Digital Currency eNaira

Nigerian President Muhammadu Buhari will officially launch the country's digital central bank currency (CBDC), eNaira. The Central Bank of Nigeria…

3 years ago

Federal Supreme Court of Nigeria approves implementation of eNaira CBDC

The Federal Court of Justice of Nigeria joins a growing list of regulators around the world to approve the adoption…

3 years ago

Nigeria’s CBDC is preparing a pilot project on Independence Day

After 4 years of improvement, the Central Bank of Nigeria (CBN) is about to start out its digital forex project.…

3 years ago

Nigeria’s SEC establishes cryptocurrency research fintech unit

The Nigerian SEC has fashioned a brand new fintech unit to research cryptocurrencies to control your entire crypto business as…

3 years ago

Nigeria’s securities regulator sets up fintech unit to research cryptocurrencies

In 2021, monetary establishments working in Nigeria had been utilized in an authorities crackdown on cryptocurrencies, beginning with the central…

3 years ago

Emerging markets dominate Chainaly’s Global Crypto Acceptance Index 2021

Vietnam, India and Pakistan are international leaders in adopting cryptocurrencies, underscoring the resilience of peer-to-peer financial programs in rising markets.Chainalysis'…

3 years ago

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