Nigeria Financial News

17.05 / 12:11

Blockchain Stablecoin SEC Bitcoin Threat financial stability Financial This week’s Law Decoded: Is depegging a real threat to financial stability?

This week will be remembered as the one when the stablecoins showed an unexpected ability to depeg. Terra’s TerraUSD (UST) dropped to a shocking $0.29 following the general meltdown of both crypto and financial markets, but it was also the headliner of stablecoins’ niche, while Tether (USDT) lost the balance and slid to $0.96 for a short time.

16.05 / 16:27

Government Blockchain Stablecoin Adoption CBDC activity heats up, but few projects move beyond pilot stage

Government-issued electronic currency seems to be an idea whose time has come.

16.05 / 11:29

Adoption Central Bank Bitcoin Bukele ‘44 Nations Meeting in El Salvador to Talk Bitcoin,’ Claims President Bukele

Thirty two central bankers and 12 financial chiefs representing 44 nations will meet in El Salvador later today, per the nation’s President Nayib Bukele, who claimed that – among other things – the group will discuss bitcoin (BTC).

15.05 / 12:19

cryptocurrency Digital Platform CryptoExplainer crypto rules Nigeria's Regulator Sets New Crypto Rules, A Reversal From Last Year's Ban

Nigeria's markets regulator publishes rules on crypto assets

14.05 / 21:21

Provident Digital SEC Bitcoin Nigeria welcomes ‘Crypto Asset Rules;’ the plan might impress you

With many individuals and institutions losing faith in cryptocurrencies of late, looks like one country stands unaffected. Despite the unimpressive few days of the cryptocurrency market, Nigeria’s Securities and Exchange Commission (SEC) has announced rules relating to the issuance, exchange, and custody of digital assets in the country. With Nigeria already being one of the leaders of crypto adoption, the country has big plans to further its crypto industry in the future.

13.05 / 14:15

Provident BTC Lowe's Bitcoin Crypto Expert Explains the Fear and Excitement in CAR of Accepting Bitcoin as Legal Tender

The booming of the crypto coins like Bitcoin in different regions and nations is unstoppable. This has recently been observed in the case of the Central African Republic (CAR). Of course, one of the major questions that have remained unanswered is whether Bitcoin adoption can work in such a developing country.

11.05 / 18:21

Ethereum coinbase Chainalysis Bitcoin spot trading Good News for German Crypto Investors, Spot Trading Increased in April + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

11.05 / 16:03

business Adoption Africa Backed Backed by Coinbase and Alameda, African exchange MARA eyes continental prospects

East Africa is set to welcome a new cryptocurrency exchange backed by a formidable list of industry heavyweights looking to tap into a continent full of potential users.

10.05 / 18:47

Blockchain Ethereum ETF Bitcoin crypto ETFs KuCoin Valued at USD 10B, Three New Crypto ETFs, Circle's 'Decentralized Identity' + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

10.05 / 08:33

Africa Central Bank restrictions Nigeria upgrades CBDC as crypto restrictions cripple fintech industry

The Central Bank of Nigeria (CBN) is moving ahead with plans to upgrade the country’s central bank digital currency (CBDC) to be used on a wider range of goods and services. It is also maintaining harsh crypto restrictions that cripple the country's fintech sector.

09.05 / 22:49

CBDC regulation education Caribbean the bahamas IMF recommends The Bahamas 'accelerate its education campaigns' on CBDC

Reporting on a consultation with the Caribbean nation on Monday, the IMF said its executive directors “recognized the potential of the Sand Dollar to foster financial inclusion” and recommended the Central Bank of The Bahamas “ accelerate its education campaigns and continue strengthening internal capacity and oversight.” The consultation was somewhat of a departure from several of the IMF’s previous warnings to many countries against the adoption of digital assets — but many of those did not include CBDCs.

08.05 / 15:37

UPS cryptocurrency Digital cryptocurrency news Bitcoin Cryptocurrency In Africa: Here’s All You Need To Know

Many African countries are warming up to the idea of adopting cryptocurrencies

07.05 / 13:31

cryptocurrency Lowe's Digital cryptocurrency news Option Uganda's Central Bank Weighing Option Of Issuing Digital Currency

Uganda's central bank is weighing option of issuing digital currency

06.05 / 21:11

business CBDC Survey Central Bank 90% of surveyed central banks are exploring CBDCs — BIS

A survey conducted by the Bank for International Settlements, or BIS, suggested that many central banks around the world are looking into rolling out a central bank digital currency, or CBDC.

05.05 / 07:43

Health Africa Nearly 200 million people suffered from acute food insecurity in 2021

Around 193 million people suffered from acute food insecurity in 2021, said the United Nations in a new report, a number that's growing at an "alarming rate".

02.05 / 19:19

Blockchain Digital Platform coinbase Unfolding Crypto Developments Driving Adoption & The Greater Good Across 3rd World Countries

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

29.04 / 14:35

Adoption Gaming Survey Bitcoin 7 in 10 Retail and Institutional Investors Plan to Buy More Crypto, Bitstamp Survey Finds

Most investors plan to spend more on crypto in the next five years, a new survey has found – with both retail and institutional investors looking to delve further into the sector.

29.04 / 09:29

UPS MET FIVE UN deputy secretary-general responds to criticism over Ukraine conflict, says there'll be lessons learned

The United Nations deputy secretary-general has told CNBC there will be «lessons learned» from the war in Ukraine.

28.04 / 14:19

BTC Digital Citizens Bitcoin Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador

Central African Republic (CAR) has officially adopted Bitcoin (BTC) as a legal tender in the country.

28.04 / 09:59

cryptocurrency Lowe's CryptoExplainer Bitcoin Central African Republic's Bitcoin Adoption Will Be A Real Test Case: Here's Why

Why bitcoin adoption by Central African Republic will be a real test case?

13.04 / 06:31

business Blockchain cryptocurrency Bitcoin Cryptocurrency Prices Today April 13: Bitcoin edges down, Binance Coin biggest gainer

Cryptocurrencies traded in the green early on April 13. The global crypto market cap is $1.86 trillion, a 1.52 percent increase over the last day. The total crypto market volume over the last 24 hours is $92.54 billion, a 9.13 percent decrease.

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