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The Nigerian Securities and Exchange Commission (SEC) has warned local investors against using one of the world’s largest crypto exchanges, Binance. It refers to the previous circular issued against a fraudulent company illegally…
On June 14, Nigeria, known for its growing adoption of cryptocurrencies like Bitcoin (BTC), floated its national currency, the naira, allowing banks and other forex market actors to trade it freely. The new policy…
This is an opinion editorial by Heritage Falodun, a Bitcoin consultant and computer scientist based in Nigeria. On May 3, 2023, during a federal executive council meeting presided over by President Muhammadu Buhari…
Nigeria’s Federal Ministry of Communications and Digital Economy (FMCDE) has approved the National Blockchain Policy as the country doubles down on creating a blockchain-powered economy. The adoption of the policy by the government…
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…
Nigeria has put forward a significant legislation design that will further facilitate cryptocurrency adoption in the country with over 200 million inhabitants. Why this matters: If the Investments and Securities Act, 2007 (Amendment)…
Nigeria’s push to adopt digital currency and move towards a cashless society shifted into high gear on December 6, when the country’s central bank announced a cap on cash withdrawals, either over the…