Why Cryptos are not Allowed in Financial Transactions – CBN
The Central Bank of Nigeria (CBN) has cited reasons why it has not allowed cryptocurrency in the country’s financial system. ...
Tag: Cryptocurrency
Naira Falls Big at Black Market as FX Supply Records Significant Decline at I&E Window
The exchange rate between the naira and the US dollar closed at N420.33/$1 at the official Investors and Exporters (I&E) ...
33.4 Million Nigerians Trade Crypto Despite CBN Ban – Report
About 33.4 million Nigerians now trade or own crypto assets despite the Central Bank of Nigeria’s restriction on cryptocurrency-related transactions ...
Binance Refuses Ukraine’s Request To Block Russian Accounts
On Sunday, Mykhailo Fedorov, the vice prime minister of Ukraine asked major exchanges to block the addresses of Russian users. ...
Ukraine’s President Appeals Crypto Exchanges To Block Russian Accounts
The government of Ukraine has continued to solicit that heavier sanctions should be imposed on Russia. Mykhailo Fedorov, Ukraine’s Minister ...
US Crypto Miners Expand Operations Despite Price Volatility
Crypto mining operations based in the United States are committed to increasing their hash power with more hardware despite Bitcoin’s ...
Bitcoin Is Boosting Putin’s War Efforts Against Ukraine
The increased adoption of cryptocurrencies is helping Russian President Vladimir Putin evade the first wave of financial sanctions from the ...
India Issues Guidelines On Crypto Ads
The Advertising Standards Council of India (ASCI), a self-regulatory industry body, has issued guidelines for the promotion of virtual digital ...
Russia Edges Closer To Regulating Cryptocurrency
The subject of crypto regulation has been highly debated by the Russian government. However, it seems this uncertainty will end ...
Ukraine Legalizes Bitcoin
Yesterday, the Ukrainian parliament enacted a law to legalize and regulate cryptocurrencies. Previously, cryptocurrency transactions operated within a legal grey ...
