Which Country Made The Most Profit From Crypto Trading In 2023?
A Chainanalysis report reveals that crypto investors made an estimated profit of $ 37 billion…
Pantera Capital Shows Interest in Buying up FTX’s Solana Holdings
As per February's marketing documents, prospective investors were offered the opportunity to purchase SOL at…
Posted inEconomy NEWS Regulations
CBN debunks Alleged Plans to Convert $30 Billion Domiciliary Deposits into Naira.
The bank said the allegation is false and only aims to trigger panic in the…
Posted inEconomy NAIRA RATE Regulations
Nigerian Bureau De Change Blames it’s shutdown on Crypto P2P Emergence
Although Nigerians involved in FX transaction prefer using crypto due to ease and speed, analysts…
Posted inBitcoin Economy NEWS Regulations
Regulations: South African Crypto Regulators Will Start Issuing out first Set Of Licenses
Roughly 50 cryptocurrency firms are currently in the process of awaiting approval for their applications.…
Posted inEconomy NEWS Regulations Trading
Regulations; Morocco Central Bank Says Crypto Draft Law Is Ready
The proposed legislation provides a specific definition for cryptocurrency in the Moroccan context and seeks…
Posted inEconomy General News NEWS Regulations Trends
2023 Crypto Regulation: Highlights of Africa’s Most Significant Crypto Regulations in the last year.
The growth of cryptocurrencies in Africa is happening at a very fast pace. On the…
Posted inEconomy Fundraise NEWS Regulations
Egypt prepares to launch a CBDC by 2030
As per an economic expert from Egypt, a central bank-issued digital currency is considered more…
Tapping into CoinEx Crypto Loans: A successful alternative to traditional banking
CoinEx Crypto Loans Overview As the cryptocurrency market continues to grow and evolve, more financial…
Posted inEconomy NEWS Regulations
REPORT: Nigeria’s Crypto Economy Continues to Grow Despite Economic Turmoil
Nigeria remains the largest crypto economy in Africa despite the current economic situation in the…
Posted inEconomy General News NEWS Opinion Regulations
Nigeria Emerges the World’s Most Cryptocurrency-Aware Nation, Recent Survey Reveals.
Nigeria has emerged as the world's most cryptocurrency-aware nation, with 99% of the population crypto-aware,…
Nigeria Should Declare Naira and Kobo as West Africa’s Only Legal Tender
In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is…
OnlyFans Reveals It Holds $20 Million Worth of Ethereum.
Fenix International, the parent company of OnlyFans, bought Ethereum cryptocurrency between 2021 and 2022. The…
Posted inEconomy
Crypto Market Rate Update For Tuesday, 18th July 2023: Naira to USD (USDT).
Opening prices for Tuesday, 18th July, 2023, updated rates on USD – USDT and other…
Posted inEconomy
Central Bank of Nigeria Orders Banks To Pay In Naira To Diaspora Remittance.
The Central Bank of Nigeria has announced Naira as a payout option for receipts of…
Posted inEconomy
Nigeria House of Rep Order CBN To Stop Requesting Social Media Accounts For KYC.
The House of Representatives has asked the Central Bank of Nigeria (CBN) to stop the…
Posted inEconomy
Nigeria Bank customers get N115bn, $22.7m refund for failed transactions.
According to the Central Bank of Nigeria no fewer than 35,453 complaints from bank customers…
Posted inEconomy
CBN Ask Banks To Be Weary Of Money Laundering Transactions From Cameroon, Others.
Recently, the Central Bank of Nigeria (CBN) has asked banks and other financial institutions to…
Posted inEconomy
Bank Increase ATM Withdrawal Limit.
Weeks after banks restricted withdrawals on automated teller machines (ATMs), commercial banks in the country…
Posted inEconomy
CBN Sets N15,000 As Transaction Limit For Contactless Payments.
The Central Bank of Nigeria (CBN) has placed a N50,000 daily limit on contactless payments…
Posted inEconomy
A Total Of Five African Banks Adopt PAPSS For Cross-border Transactions.
The Pan-African Payment and Settlement System (PAPSS) has signed a memorandum of understanding (MOU) with…
Posted inEconomy
Central Bank of Nigeria To Restart Naira OTC FX Contracts.
From tomorrow, July 3, 2023, the Central Bank of Nigeria (CBN) will begin quote offers…
Posted inEconomy
CBN reportedly makes social media handle mandatory KYC requirements for bank customers.
The CBN has released its Customer Due Diligence Regulations 2023, the Central Bank of Nigeria…
Posted inEconomy
IMF Is Working On A Global Central Bank Digital Currency CBDC Platform.
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Monday that it is…
Posted inEconomy
Central Bank of Nigeria Lifts Cash Deposit Restrictions On Domiciliary Accounts, Approves Daily $10,000 Withdrawal.
The Central Bank of Nigeria has announced the removal of cash deposit limitations on domiciliary…