Nigeria’s central bank denies reports on crypto account freezing

2024-4-24 13:58

Nigeria’s central bank denies false claims made by crypto media, asserting that it didn’t mandate local banks to freeze accounts associated with unlicensed crypto exchanges. The Central Bank of Nigeria (CBN) says it didn’t order local financial institutions to freeze… origin »

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Источник: Cripyo.news

crypto nigeria → Результатов: 126

Nigeria’s Crypto Thaw: Not What It Seems

The Nigerian government’s long-running hostility towards the crypto industry seems to be abating. Or is it? Noelle Acheson looks at how the recent licensing of two crypto exchanges in Nigeria may not represent the shift we’re hoping for.

2024-9-5 19:32	Nigeria
crypto nigeria seems two exchanges recent licensing

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Nigeria to Regulate Crypto: SEC Set to License Exchanges Amidst Growing Adoption

The Nigeria crypto market has been one of the fastest-growing crypto regions in recent years; however, despite this growth, there appears to be no regulation. The latest report from Bloomberg has signaled a shift may finally be on the horizon.

2024-8-21 04:30
crypto nigeria regulation latest growth appears despite

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Nigeria's SEC Updates Guidelines for Crypto Firms in Bid to Stop Criminal Activity: Report

Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.

2024-3-7 15:17	Kraken
crypto nigeria firms access blocking reportedly crackdown

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Crypto Giants In Trouble: Binance And Coinbase Grapple With Access Bans Amid Nigeria’s Crypto Crackdown

To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase. According to a local media report, the African country has asked its telecommunications companies to restrict access to the websites of these crypto firms after the Central Bank of Nigeria (CBN) […]

2024-2-23 04:00
crypto nigeria access coinbase binance country asked

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Nigeria Rethinks Crypto Ban, Stakeholders Hold Talks

After Nigeria had instituted a crypto ban for months, the Nigerian Communications Commission (NCC), as well as academics, government officials, and technology enthusiasts, have discussed the advantages of emerging technologies such as Blockchain in boosting the economy.

2022-4-28 04:21	Crypto News
crypto nigeria ban discussed enthusiasts technology advantages

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Remitano Adds Nigerian Naira Wallet with Instant Trade Feature

Remitano, one of the most popular peer-to-peer cryptocurrency marketplaces in Nigeria, has added a fiat wallet for Naira (NGN). This brand-new Naira fiat wallet will allow users (of Level 2 and above) who require quick transfers between Naira and crypto on the platform.

2020-5-21 14:46	Sponsored
naira wallet remitano fiat allow users brand-new

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Binance Incubated ‘Bundle’ App Rolls Out in Africa for Cash and Crypto Social Payments

As per an announcement from April 23, Bundle now lets its users send, receive and request cash and crypto from Nigeria. The company is planning to expand its services to more than 30 countries in Africa by the end of 2020, providing a simple crypto fiat on and off-ramp across the continent. Aside from the […]

2020-4-24 22:39	Binance
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Binance-Backed Crypto Payments App Launches as Race for Africa Heats Up

The payments app launched initially in Nigeria, but there are plans to expand to 30 African nations his year.

2020-4-24 17:50
payments app plans expand african year nations

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Introducing ‘Bundle,’ an Africa-focused Social Payments App for Cash and Crypto

NIGERIA, April 23, 2020: Bundle, an Africa-focused social payments app for cash and cryptocurrencies, backed by Binance, today has launched in Nigeria. Founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or crypto from their peers.

2020-4-24 14:15
cash bundle nigeria binance crypto social payments

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Binance and Others Are Rushing to Provide Stablecoins to Nigerian Crypto Users

Here's how crypto exchanges are on-boarding unbanked users in Nigeria.

2020-2-22 17:50	Binance
crypto users nigeria exchanges on-boarding unbanked nigerian

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Wifi Sharing Platform Wicrypt Gets Government Grant in Nigeria

A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project.

2020-1-2 23:15
nigeria wifi grant wicrypt sharing project communication

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Africa’s First Stablecoin is Built on Binance Chain

Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native blockchain, the Binance Chain.

2019-12-11 18:45	StableCoin
binance africa chain stablecoin built fiat-backed crypto

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Bitcoin, Not Blockchain: People Feverishly Search for World’s First Crypto

By CCN: Around the world, the majority of searches related to cryptocurrency involve the word “Bitcoin,” a new report by ConsenSys concludes. Excepting a few Asian countries, most of the world wants to find information about Bitcoin.

2019-5-21 22:00	ethereum
bitcoin world blockchain cryptocurrency ethereum markets related

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Bitcoin Searches Rocket to 13-Month High Amid ’60 Minutes’ Hype

By CCN: Google searches for bitcoin have climbed to a 13-month high, in tandem with its price spikes following the brutal 2018 crypto bear market. Google Trends tracks search interest for certain terms.

2019-5-20 17:45
bitcoin searches google market 13-month high price

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Alleged Paxful Fraud Blocks Nigerian Users from Millions in Crypto Funds

In Nigeria, thousands of cryptocurrency investors and traders have reportedly lost access to millions of dollars. Paxful Incorporated, a major cryptocurrency services firm based in Estonia, is accused of large-scale fraud, reportedly suspending the accounts of Nigerian users.

2019-4-8 18:52	paxful
funds users paxful fraud millions nigerian reportedly

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Nigeria: Financial Watchdog Receives Petition Against Crypto Exchange Over Account Closures

Estonia-based crypto firm Paxful Inc. has been accused of defrauding Nigerian investors out of millions of dollars worth of crypto through arbitrary account closures

2019-4-8 12:38	litecoin
crypto account closures defrauding accused investors nigerian

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Crypto Exchange Petitioned for Defrauding Nigerians, They’re Scammers Says Co-founder

A Nigerian Non-Governmental Organization, United Global Resolve For Peace (UGRF), has petitioned the Central Bank of Nigeria (CBN), the Economic and Financial Crimes Commission (EFCC) and the Ministry of Foreign Affairs.

2019-4-7 15:32	News
petitioned co-founder exchange says crypto defrauding nigerians

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Bitcoin Curiosity Went Parabolic During Tuesday’s Massive Rally: Google

Google’s trend explorer shows that global searches for the keyword ‘bitcoin’ more than tripled during Tuesday’s massive rally. Bitcoin Searches Spike as Crypto Market Booms While the precise number of searches was not available, Google’s backend algorithms determined Tuesday’s search volume by comparing it with the number of queries over time.

2019-4-3 22:16	Google
bitcoin tuesday searches google rally parabolic went

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Dash Nigeria: Bitcoin Dominance Challenged By Unstoppable Adoption

Bitcoin is the undisputed global crypto king. Its dominance on exchanges stands at just over 50 percent, and it’s the standard by which all other cryptocurrencies are measured. However, in Nigeria, a dedicated group is carefully scripting a different narrative.

2019-3-27 21:00	Mass Adoption
nigeria dash adoption dominance bitcoin crypto challenged

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A Unicorn in the Making: VoguePay Is Making Payments Easier In Nigeria

The challenge of making and receiving payments in Africa has been widely documented. The continent has the world’s highest remittance fees, and payments between different countries aren’t any easier.

2019-3-5 22:55	Payments
making payments easier unicorn convert currency nigeria

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Uganda Quietly Fortifies Position As Blockchain Hub

When you think of blockchain technology and cryptocurrencies in Africa, Uganda isn’t the first country that springs to mind. Instead, it’s the traditional tech titans in Africa that many associate with developments in the blockchain industry.

2019-2-24 00:44	Mass Adoption
blockchain uganda africa fortifies position quietly hub

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Pan African’s Kubitx Exchange Opens and Launches as a Hybrid OTC Crypto Wallet

After a long phase of beta testing, Kubitx, a crypto and digital asset exchange that has the goal to be a “pan African” exchange, has been launched. The company, which is registered in Malta but is a company from Nigeria and Zimbabwe, has used the occasion to release its hybrid OTC (over the counter) wallet. […]

2018-12-22 10:28	News
exchange wallet african crypto company pan hybrid

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Trading Platform Paxful Completes Construction for Second School in Rwanda

Children in the Rwandan village of Kasebigege are being given a greater chance to pursue a sound education as construction on a new school, developed by bitcoin marketplace Paxful, has been completed.

2018-12-3 22:11	Adoption & community
school paxful water says education youssef build

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Nigerian Crypto Community Outraged as Bank Threatens to Close Accounts

The Union Bank of Nigeria sent out an email to its customers, warning them cryptocurrency activity will be monitored and that the bank might close accounts linked to such transactions.

2018-11-30 20:36	News
bank close accounts activity cryptocurrency warning monitored

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Nigeria’s Blockchain Businesses Request Central Bank Of Nigeria (CBN) For New Crypto Guidelines

Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry.

2018-11-12 08:00	News
nigeria e-ppan guidelines cbn legal blockchain central

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Blockchain Startup Coinfirm Aims To Fight Crypto Fraud In Nigeria

Coinfirm, a RegTech and blockchain startup, working with KAD ICT Hub, is launching an anti-fraud platform in an African country where digital scams occur all too frequently.

2018-10-13 00:44	application
blockchain coinfirm startup country african anti-fraud platform

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Bitcoin exchange Luno opens new Johannesburg headquarters

Bitcoin exchange company Luno today announced the launch of its new African regional headquarters in Johannesburg, South Africa. Luno was the first crypto company to operate in Africa, with a presence in Nigeria and Cape Town, in.

2018-9-17 18:42	South Africa
luno bitcoin johannesburg headquarters new exchange africa

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Paxful CEO Ray Youssef Shows How Bitcoin Can Be Used for Social Good

Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances.

2018-9-15 21:50	Payments
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Eastads Credits ICO

Eastads Marketplace & Credits aims to disrupt the old system of buying and selling in Nigeria and Africa. We built a crypto powered marketplace for the largest market in Africa and after ICO we will develop our African Marketplace also integrated with blockchain payments.

2018-9-3 14:33
marketplace nigeria commercial africa payments both way

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Bitcoin’s subdued volatility obscures mounting risks from US regulation, exchange concentration, and shifting liquidity dynamics that could trigger sharp.

Canaan can use crypto to buy back nearly 20% of its market value while its core business burns cash

The authorization allows asset sales but reports no transaction, leaving current buyback capacity and available liquidity unresolved. The post Canaan can use crypto to buy back nearly 20% of its market value while its core business burns cash appeared first on CryptoSlate.

An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan

Principal alone would absorb 89.5% of headline gross proceeds, while the warrant structure can add 11.7 million shares. The post An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan appeared first on CryptoSlate.

July ADP Employment Miss Fans Macro Uncertainty for Crypto Markets Ahead of NFP

US ADP employment rose by just 44,000 in July, missing the 70,000 consensus and sharply below the prior 98,000, fueling fresh macro uncertainty for crypto.

KuCoin’s Nine-Year Evolution Reflects the Exchange Industry’s Big Pivot, CoinGecko Data Shows

A CoinGecko report on KuCoin’s nine-year trajectory mirrors the exchange sector’s pivot from speculative trading to infrastructure, even as the platform.

CLARITY Act may stall, but crypto can grow: Bitwise

Bitwise CIO Matt Hougan says crypto can advance without the CLARITY Act as the Senate’s recess deadline leaves the bill unscheduled.

Bitcoin robbery plot leads to charges for 3 Missouri men

Three Missouri men pleaded not guilty to an alleged Connecticut home invasion plot targeting Bitcoin and face up to 20 years in prison.

2024-4-24 13:58

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