1. Home
  2. CBN directive

CBN directive

Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto

Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on CryptoNigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian lawmaker, Babangida Ibrahim, suggested that the Central Bank of Nigeria (CBN) is not well positioned to regulate […]

Coinbase CEO Brian Armstrong Says Layer-2 Solutions Will Drive Many Use Cases in Crypto Economy

Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful, Denies Reports of Arrest

Organizer of Binance-Sponsored Crypto Tour Says Campaign Was Successful, Denies Reports of ArrestA crypto enthusiast and organizer of the Binance-sponsored Blockchain and Cryptocurrency Awareness Tour (BCAT) recently held in Nigeria, has rejected reports he was arrested by security agents reportedly spooked by large crowds that were following the campaign. The enthusiast said the high number of people that attended the BCAT tour proves that Nigerians “want to […]

Coinbase CEO Brian Armstrong Says Layer-2 Solutions Will Drive Many Use Cases in Crypto Economy

Study Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 Months

Study Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 MonthsAccording to a new report, approximately 33.4 million Nigerians, or 35% of the country’s adult population, are holders of cryptocurrencies or have traded them in the past six months. The report attributes the growing adoption of cryptocurrencies to rising inflation and the plunging value of the local currency. Converting From Fiat to Crypto via P2P […]

Coinbase CEO Brian Armstrong Says Layer-2 Solutions Will Drive Many Use Cases in Crypto Economy