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Tag: CBN crypto ban

Nigerian Crypto Exchange Boss: CBN Directive Led Shift of Trades From Centralized Exchanges to Black Market Exchanges

August 1, 2021 wp-bot Bitcoin News

It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency industry. While

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Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community

July 6, 2021 wp-bot Bitcoin News

On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take

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The CBN Says Nigeria Will Have a Digital Currency Before End of Year

June 12, 2021 wp-bot Bitcoin News

Nigeria is likely to have its own central bank digital currency (CBDC) by the end of the year, an official with the Central Bank of

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Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies

May 26, 2021 wp-bot Bitcoin News

Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central

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Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning

April 28, 2021 wp-bot Bitcoin News

Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the

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Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers

April 21, 2021 wp-bot Bitcoin News

The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of

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