2021-3-22 21:44 |
The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks.
Similar to Notcoin - Blum - Airdrops In 2024
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A senior executive with Nigeria’s central bank, Adamu Lamtek, has reportedly denied that his institution had placed restrictions on the use of cryptocurrencies. Instead, Lamtek, who is the deputy governor responsible for corporates services at the Central Bank of Nigeria (CBN), says his organisation’s directive only applies to the banking sector. Prohibition Only Applies to […]
2021-3-21 16:45 | |
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The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians.
2021-2-26 07:15 | |
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The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies.
2021-2-12 02:04 | |
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The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does not exceed 5%.
2020-12-4 06:00 | |
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A poor and densely populated country stuck at number 137 worldwide in the economic prosperity rankings, with a per capita GDP of just about $2,000 – this would be the perfect proving ground to show once and for all that left wing economics can successfully turn the fortunes of a struggling people around, and give the world an alternative to its failing capitalist system.
2019-3-11 15:00 | |
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The detained Binance exec leaves Nigeria after all charges were dropped.
Nigeria's government has withdrawn the money laundering charges against Binance executive Tigran Gambaryan, local news outlet Punch reported first on Wednesday.
The Nigerian government has officially dropped all charges against Tigran Gambaryan, a Binance Holdings executive, who had been detained since February. On Oct. 23, the Nigerian Economic and Financial Crimes Commission (EFCC) announced the case withdrawal at the Federal High Court in Abuja.
Binance has expressed disappointment over a Nigerian court’s decision to deny bail to its executive, Tigran Gambaryan. On Oct. 11, the High Court in Abuja rejected Gambaryan’s latest bail request, citing procedural issues.
Bitcoin briefly fell below $59,000 last night before rebounding to reclaim the critical $61,000 level in a rapid V-shaped recovery. Historical data indicates that similar swift recoveries on a 30-minute resolution have consistently led to either higher gains or sideways trading, with few instances of further declines.
The Binance executive has been detained in Nigeria since February.
During a recent AMA, Binance CEO Richard Teng addressed accusations of misusing Launchpool funds, discussed the HBO documentary on Bitcoin’s creator, and outlined the company’s efforts against crypto scams.