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Tag: legal tender

Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars

July 3, 2024 wp-bot Bitcoin News

The Central Bank of Nigeria warned local financial institutions against rejecting older or lower-denomination U.S. dollar banknotes. The apex bank said it will take strong

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Nigeria’s Anti-Graft Agency Announces Reward for Whistleblowers Exposing Local Currency Abusers

June 6, 2024 wp-bot Bitcoin News

The Economic and Financial Crimes Commission (EFCC) in Nigeria has announced a 5% reward for whistleblowers who provide credible information leading to the prosecution of

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Nigerian Supreme Court Extends Old Banknote Demonetization Deadline Again

December 1, 2023 wp-bot Bitcoin News

The Supreme Court of Nigeria has again extended the lifespan of the N1000, N500, and N200 naira notes. The Central Bank of Nigeria (CBN) also

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Nigerian Central Bank Dismisses Old Naira Banknote and Cash Shortage Rumors

November 10, 2023 wp-bot Bitcoin News

The Nigerian central bank has dismissed rumors suggesting that the previously demonetized naira banknotes are no longer legal tender. According to the bank, all banknotes

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El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid

October 30, 2023 wp-bot Cointelegraph

Despite Bukele’s popularity, some critics argue he isn’t eligible to be re-elected under El Salvador’s constitution.

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Bitcoin-friendly El Salvador can become ‘Singapore of the Americas’: VanEck advisor

October 29, 2023 wp-bot Cointelegraph

VanEck strategy advisor Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years.

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