Nigeria continuously acquiring crypto despite govt crackdown After a big public protest, Nigeria faced serious pressure. At present Nigeria exploring the development of CBDC. African country Nigeria, continuously acquiring cryptocurrency, even though government crackdown with peer-to-peer (P2P) trade volume for Bitcoin (BTC) posting its second strongest week on record last
There have been almost six months since the CBN directed banks to stop serving customers in the bitcoin sector. While the approach appears to have succeeded in removing crypto companies from the banking system, peer-to-peer commerce has increased. Some analysts suggest that Nigeria remains unrivaled as the largest African bitcoin
-Nigeria needs to regulate crypto, not ban says VP.-Osinbajo said crypto in the coming years will challenge financial banking. -The utilization of bitcoin has boomed in Nigeria in recent years. Nigeria’s Vice President (VP) Yemi Osinbajo said the country’s central bank and securities regulator has to find ways to regulate
-Nigeria SEC collaborates with CBN to Regulate crypto market.-Regulators in Nigeria cannot ignore the $1.74T crypto market.-CBN and SEC also work with other Federal agencies.-In order to develop a national regulatory approach to cryptos in Nigeria. According to a report by Premium Times, the Central Bank of Nigeria (CBN) and
-Binance has suspended Nigerian deposits.-Following the new request of the Central bank of Nigeria (CBN) to boycott cryptocurrencies and crypto trade.-Nigerians voiced their uneasiness utilizing the hashtag #WeWantOurCryptoBack multiple times. Digital currency exchange Binance suspended Nigerian deposits. Following the new request of the Central bank of Nigeria (CBN) to boycott
One of the world’s leading cryptocurrency exchange, Coinstore,held “2024 Coinstore Premiere Brand Conference ” in Dubai on April 17. Established in 2020, within the span of three years,Coinstore has served over 700 project teams and covered over 7 millions users. After continuously evolving and expanding,Coinstore has established a strong presence
Google searches related to the Bitcoin halving have reached an all-time high, with forecasts indicating that they will be more than twice as popular as the last halving in 2020. If Google Trends is to be believed, the phrase “Bitcoin halving” will reach an anticipated score of 100 by the
The world’s leading cryptocurrency exchange,Coinstore,will hold “2024 Coinstore Premiere Brand Conference ” in Hilton Palm Jumeirah , Dubai at 9 am, April 17.The conference will be co-hosted by ICP,Infinity Ventures,and BTC Security Labs. Meanwhile, famous institutions including, Sei Foundation, Conflux, ALGORAND,DAO Maker, Metis，Oobit，Taisu Venture，BEVM，Cardano Foundation, Telos, W3GG, XDC Network，ABCDE Capital
Victoria, Seychelles, April 9th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, is excited to unveil PoolX, a pioneering stake-to-mine platform, that according to the team allows users to stake specific coins to potentially earn popular tokens in a seamless manner. Starting off with the ChatAI project,
According to ARK Invest CEO Cathie Wood, Bitcoin’s (BTC) ascent might be attributed to its status as a “flight to safety” from depreciating fiat currencies. In an interview that was made public on April 3 by CNBC, Wood characterized BTC as an investment that has both upside and downside risks.
