Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg
[May 1, 2023 1:49 AM] The regulator is considering applications for digital asset exchanges on a trial basis.
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African blockchain ventures outpace global funding growth: Report
[Apr 18, 2023 7:52 AM] Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa.
Nigerian crypto payment startup shuts down, offers IP for sale
[Apr 14, 2023 2:56 AM] Nigerian crypto and Web3 company Lazerpay shuts down after failing to raise funds and advises users to withdraw before April 30.
Bitcoin gaming enters Africa with local crypto exchange partnership
[Apr 12, 2023 5:33 AM] The Bitcoin gaming economy gets a boost from Zebedee’s expansion into Africa, complementing its Brazil and Philippines operations.
Google Trends Data Shows Bitcoin Search Interest Surged This Week Amid 10-Month Price High
Nigerian crypto foreign investment is at a record low: Study
[Apr 6, 2023 3:20 AM] Foreign direct investment in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country.
Africa: The next hub for Bitcoin, crypto adoption and venture capital?
[Mar 29, 2023 6:05 AM] Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it.
Nigerian crypto investors question central bank's decision to flag p2p users
[Mar 29, 2023 6:02 AM] 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.
Crypto Biz: Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs
[Mar 24, 2023 3:15 PM] Despite global bank turmoil and regulatory crackdowns, traditional and decentralized finance (DeFi) are continuing to blend.
How blockchain can help reimagine a new state in Africa
[Mar 23, 2023 6:05 AM] 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.
Nigeria's eNaira Wallet Use, Transactions Climb Amid Cash Shortages: Bloomberg
[Mar 22, 2023 6:02 AM] The number of eNaira wallets has jumped more than 12-fold to 13 million since October.
Nigeria CBDC adoption spikes as fiat currency shortage grip the nation
[Mar 22, 2023 2:12 AM] 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.
MetaMask enables direct crypto purchases in Nigeria
[Mar 21, 2023 2:50 AM] Crypto investors in Nigeria no longer need to rely on centralized exchanges for buying cryptocurrencies like Bitcoin.
Nigerian Central Bank Unveils Open Banking Guidelines
[Mar 12, 2023 1:30 AM] 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…
Nigerian president-elect aims to use blockchain technology in the banking sector
[Mar 10, 2023 7:04 AM] The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth.
Naira redesign no more: President’s directive canned by Nigerian Supreme Court
[Mar 6, 2023 8:00 AM] The Supreme Court of Nigeria says no to redesigning the naira, ruling that the old banknotes will remain in circulation.
Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27
[Feb 27, 2023 1:30 PM] United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency.
Report: Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO
[Feb 23, 2023 6:30 AM] The Nigerian fintech, Chipper Cash, recently said it has let go of more employees and that this step has been taken to help the firm contain its operating costs. Although no figure of the number of axed workers was given, one report estimated this…
Bitcoin Lightning Network growth is organic, coming from real-world adoption
[Feb 22, 2023 11:32 AM] Bitcoin Lightning Network adoption receives a boost with the launch of USD payments and decentralized social media platform, Nostr.
Nigeria’s Cash Chaos Is Reaching A Boiling Point, Underscoring Need For Bitcoin
[Feb 21, 2023 3:40 PM] As Nigerians protest over the inability to withdraw cash, it should be clear that the country needs a Bitcoin alternative.This is an opinion editorial by Ray Youssef, a founder and CEO of Paxful and a founder of the Built With Bitcoin…
eNaira is ‘crippled‘: Nigeria in talks with NY-based company for revamp
[Feb 21, 2023 7:10 AM] After multiple attempts to create an efficient digital currency, the Central Bank of Nigeria is turning to a New York tech firm to revamp the underlying technology.
As Its Central Bank Limits Cash And Pushes A CBDC, Nigeria Needs Bitcoin
[Feb 11, 2023 7:00 AM] Following an unsuccessful CBDC launch, Nigeria’s central bank is now trying to cut off cash. Bitcoin can help Nigerians find sovereignty.This is an opinion editorial by Heritage Falodun, a Bitcoin consultant and computer scientist based in…
Nigerian City of Lagos Among the World’s Top 20 Crypto Hub Cities — Study
[Feb 8, 2023 5:30 AM] According to the findings of a study by Recap, the crypto asset management firm, the Nigerian city of Lagos is ranked among the world’s top 20 crypto hub cities. Besides Lagos, five more African cities, namely the Angolan city of Luanda…
Nigerians Are Fighting For Their Own Money And Bitcoin Can Help
[Feb 7, 2023 12:42 PM] As Nigerians have been cut off from access to their own money amid a banknote redesign, Bitcoin is the best chance to reinvent the system.This is an opinion editorial by Ray Youssef, a founder and CEO of Paxful and a founder of the Built With…
Are Nigerians Really Buying Bitcoin For As High As $34,000?
[Feb 1, 2023 5:00 PM] Over the last couple of weeks, reports have emerged that crypto users in Nigeria have been buying bitcoin (BTC) for a pretty hefty premium. On the surface, it may seem that these reports are accurate, but they are essentially wrong, and this report…
Bitcoin pumped 43% in January 2023! What to expect in February — Watch The Market Report live
[Jan 31, 2023 11:00 AM] On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss what the second month of 2023 could potentially hold for BTC.
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
[Jan 29, 2023 10:33 PM] The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000.
DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds
[Jan 16, 2023 8:46 PM] Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions.
Nigerian crypto exchange Roqqu receives European virtual currency license
[Jan 12, 2023 3:00 PM] The move allows Roqqu to operate in 30 countries and broaden its services within one of the world’s largest crypto markets.
Nigeria revisits its payments landscape amid sluggish eNaira adoption
[Jan 12, 2023 4:30 AM] The Nigerian central bank has outlined key focus areas for its national payments system in a two-year roadmap leading up to 2025.