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3232Central Bank’s Targeting of P2P Crypto Transactions Forces Startup to Quit Nigeria
https://www.digit.info/central-banks-targeting-of-p2p-crypto-transactions-forces-startup-to-quit-nigeria/
Tue, 23 Nov 2021 05:30:01 +0000https://www.digit.info/2021/11/23/central-banks-targeting-of-p2p-crypto-transactions-forces-startup-to-quit-nigeria/Read more]]>The Nigerian startup behind the social payment app for cryptocurrency and fiat, Kurepay, says the Central Bank of Nigeria (CBN)’s current crackdown on crypto entities has forced it to suspend operations in Nigeria. ‘Horrible’ Year for Crypto Adoption According to a report by the Cryptoassetbuyer, this suspension of operations is set to commence at the […]
]]>P2P Bitcoin Traders in Nigeria Think Outside the Box in the Wake of CBN Restrictions
https://www.digit.info/p2p-bitcoin-traders-in-nigeria-think-outside-the-box-in-the-wake-of-cbn-restrictions/
Sun, 18 Apr 2021 13:30:51 +0000https://www.digit.info/2021/04/18/p2p-bitcoin-traders-in-nigeria-think-outside-the-box-in-the-wake-of-cbn-restrictions/Read more]]>After the Central Bank of Nigeria issued a directive targeting the country’s cryptocurrency industry, bitcoin and altcoin trade volumes on centralized exchanges immediately plunged. Nevertheless, the new regulations seem to have succeeded in boosting crypto trade volumes on informal markets or on peer-to-peer trading platforms. Nigerian Crypto Traders Get Creative Still, the increasing trades on […]