Cryptocurrency

Almost all the Nigerian Bitcoin traders are lamenting their losses due to the continua drop in the market value of Bitcoin. Bitcoin since last year has lost 52.84 per cent of its market value, wiping off $473.34bn in market…

As the United States continue to lead in the Bitcoin mining industry, China is back in the second place as per world rankings, despite the fact that this activity was banned last year. Between September 2021 and January 2022, according…

The Federal Government of Nigeria has released a set of new regulations guiding the issuance, exchange and custody of digital assets in Nigeria. The Securities and Exchange Commission (SEC) released the new regulations in a statement…

Few days before the Russian invasion, the Ukrainian government passed a law with the intention to offer legal status to cryptocurrencies, such as Bitcoin or Ethereum. The legislation was passed by a large majority of representatives. The…

Courier and logistics services company, GIG Logistics, has launched a cryptocurrency payment gateway on its GIGGO app. The development comes as the last-mile delivery company seeks to lead and drive inclusion in areas of ecommerce…

Few years ago, reports emerged that Facebook will be launching its cryptocurrency, after several work in the past years, it appears Mark Zuckerberg dream of launching he’s own cryptocurrency as crashed. After multiple rebrands,…

The Central Bank of Nigeria (CBN) has finally announced that it will be launching the pilot scheme of its digital currency on October 1, 2021. The Apex bank with its stakeholders outlined its digital currency initiative via a private…

A secondary school located in Kano State has confirmed that parents now have the option to pay their school fees of their children and wards who are students of the school using cryptocurrency. The school, New Oxford Science Academy,…

The Central Bank of Nigeria, CBN, has announced is planning to launch its digital currency before end of this year. The apex bank has also intensified efforts through awareness fair for easy access to its various intervention funds. The…

In recent times, there has been a lot of outcry with regard to cryptocurrencies. These outcries are usually from the government who believes that these digital currencies possess a risk. The Federal government has an active ban on…

Nigeria’s Securities and Exchange Commission, SEC has said it has put on hold plans to regulate cryptocurrencies in the country. “For the purpose of admittance into the SEC regulatory incubation framework, the assessment of all persons…

The Nigerian Senate on Thursday directed the the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele to appear before its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes, and Capital Market to…

According to a member of the Monetary Policy Committee (MPC), the Central Bank of Nigeria (CBN) has not stopped any individual from dealing in cryptocurrency. Recall that the Central Bank of Nigeria (CBN) has ordered banks in the country…

Former Vice President Atiku Abubakar has urged the federal government led by President Muhammadu Buhari to avoid policies that will push investors away from Nigeria. Atiku noted that in the face of global economic challenges which is…

The Central Bank of Nigeria, CBN, has ordered Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and Non-Bank Financial Institutions (NBFIs) local financial institutions against having any transactions in crypto or facilitating…

David Adedeji Adeleke, Nigerian singer popularly known as Davido has announced his intention to kick-start a bitcoin company in Nigeria. mNaija learnt that the DMW boss revealed this in a post on his verified Twitter account on Tuesday,…

According to the latest report, all US residents can now buy, sell, and keep Crpto’s directly from their PayPal account. A few weeks ago, mnaija revealed PayPal’s plan to provide its users the opportunity to purchase, sell, and keep…