Nigerian crypto company suspends withdrawals after BTC and naira compromise
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media. Go to Source Powered by WPeMatico
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IMF sees room for eNaira improvement in first year assessment
The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment. Go to Source Powered by WPeMatico
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. Go to Source Powered by WPeMatico
Nigeria goes blockchain: Policy could impact digital identity
Nigeria’s crypto community celebrates the approval of the national blockchain policy, set to impact governance, digital identity management and e-payments. Go to Source Powered by WPeMatico
Nigerian national blockchain policy gets government approval
Nigeria’s federal executive council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology. Go to Source Powered by WPeMatico
Tokens but not crypto: Nigeria SEC prepares new digital asset rules
Nigeria’s securities regulator will take at least ten months to determine whether to register a digital asset-related company. Go to Source Powered by WPeMatico
African blockchain ventures outpace global funding growth: Report
Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa. Go to Source Powered by WPeMatico
Nigerian crypto payment startup shuts down, offers IP for sale
Nigerian crypto and Web3 company Lazerpay shuts down due to the inability to raise funds and advises users to withdraw funds before April 30. Go to Source Powered by WPeMatico
Bitcoin gaming enters Africa with local crypto exchange partnership
The Bitcoin gaming economy gets a boost from Zebedee’s expansion into Africa, complementing its Brazil and Philippines operations. Go to Source Powered by WPeMatico
Google Trends Data Shows Bitcoin Search Interest Surged This Week Amid 10-Month Price High
According to worldwide data from Google Trends, the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. Additionally, the price of bitcoin rose above the $30,000 range for the first time in ten months, or since June 2022. Bitcoin Search Interest Rises as Leading Crypto Asset Taps … Read more
