Bookmarking Crypto Insights
Auto Added by WPeMatico
Foreign direct investment (FDI) in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country. Go to Source Powered by WPeMatico
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it. Go to Source Powered by WPeMatico
Crypto P2P users in Nigeria worry over using various platforms to launder funds as the country’s central bank cracks down on bank accounts that receive a share of Flutterwave’s rumored stolen funds. Go to Source Powered by WPeMatico
Despite global bank turmoil and regulatory crackdowns, traditional and decentralized finance (DeFi) are continuing to blend. Go to Source Powered by WPeMatico
Eche Emole, the co-founder of Afropolitan, explains how the nation-state experiment has failed, especially in Africa, and how blockchain can be used to reimagine a new state. Go to Source Powered by WPeMatico
The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation. Go to Source Powered by WPeMatico
Crypto investors in Nigeria no longer need to rely on centralized exchanges for buying cryptocurrencies like Bitcoin. Go to Source Powered by WPeMatico
The Nigerian central bank recently said it had issued operational guidelines for open banking in Nigeria which are expected to enhance efficiency and access to financial services. According to the central bank, some of the guidelines’ objectives include ensuring “consistency and security across the open banking system.” Customer Permissioned Data Sharing The Central Bank of … Read more
The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth. Go to Source Powered by WPeMatico
The supreme court of Nigeria says no to naira redesign, rules the old banknotes to remain in circulation. Go to Source Powered by WPeMatico
