Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems Function

Nigerian Central Bank Governor Says Fintechs and Cryptos Change the Way Financial Systems FunctionThe Nigerian central bank governor and bitcoin critic, Godwin Emefiele, recently remarked that the rise of fintechs and cryptocurrencies among other technologies have forced banks and financial institutions to change the way they operate. According to Emefiele, this requires the central bank’s monetary policy committee (MPC) to rethink the way it regulates the financial system. […]

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Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations

Cyprus Drafts Crypto Rules, May Introduce Them Before EU RegulationsCyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government of Cyprus to Submit ‘Attractive’ Crypto Bill Cyprus has an “enviable position” in the […]

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Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria

Wifi Sharing Platform Wicrypt Gets Government Grant in NigeriaA crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project. Also read: Skrill Now […]

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