Nigerian hotel becomes country’s first to accept Bitcoin payments
George Residence in Lagos has announced plans to start accepting BTC payments. The company has already converted 50% of its balance sheet to Bitcoin. Go to Source Powered by WPeMatico
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Nigeria’s SEC says central bank’s crypto ban disrupted the market
The Securities and Exchange Commission of Nigeria says it is working with the central bank to create a legal framework for cryptos and digital assets. Go to Source Powered by WPeMatico
How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles
Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament. Cryptos Narrowing Financial Exclusion Gap Therefore, in their effort … Read more
Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa
Blockchain Africa highlights the remaining hurdles that stand in the way of widespread adoption of crypto and blockchain on the continent. Go to Source Powered by WPeMatico
Nigeria’s central bank not discouraging people from trading crypto, says governor
The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks. Go to Source Powered by WPeMatico
Africa’s solarized digitalization agenda in the time of coronavirus
The COVID-19 pandemic has highlighted the necessity for the digitalization and sustainable development of African economies. Go to Source Powered by WPeMatico
Blockchain and crypto will challenge current finance, Nigeria VP says
Yemi Osinbajo sees potential for crypto and blockchain. Go to Source Powered by WPeMatico
Why is Bitcoin $86K in Nigeria? Here’s why the BTC premium is huge in some countries
Traders are accustomed to slight price differences between exchanges, but is a 70% gap sustainable? Go to Source Powered by WPeMatico
Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians.” Crypto Not Money Immediately following the announcement of the … Read more
‘Cryptocurrency is not legitimate money,’ says Nigeria’s central bank governor
Nigeria’s central bank is doubling down on its anti-cryptocurrency stance. Go to Source Powered by WPeMatico