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Tag: CBN crypto ban

Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated

May 30, 2022 wp-bot Bitcoin News

Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created opportunities for the country’s youth. However, he

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Nigerian Crypto Firm Executive: Central Bank Prohibition Led to Growth in Crypto Awareness

January 31, 2022 wp-bot Bitcoin News, Blockchain

The chief marketing officer (CMO) of a cryptocurrency payments solution company, Rotimi Ogunwede, has insisted that the Central Bank of Nigeria (CBN)’s decision to bar

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Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened

October 27, 2021 wp-bot Bitcoin News

A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must

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Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research

September 4, 2021 wp-bot Bitcoin News

Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido

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Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations

August 19, 2021 wp-bot Bitcoin News

The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court

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Leader of Nigerian Crypto Stakeholders’ Body Welcomes the E-Naira — Says It ‘Comes With No Magic Wand’

August 1, 2021 wp-bot Bitcoin News

Nigeria’s proposed digital currency, the e-naira, is likely to be a welcome boost to ongoing efforts to reduce the number of Nigerians that are financially

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Blockchain
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