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Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated

Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry RegulatedNigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created opportunities for the country’s youth. However, he insisted that there is a need for the enactment of laws that guide players in this space. Digital Currencies Create Opportunities for the Youth One of Nigeria’s presidential aspirants, Bukola […]

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry Players

Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry PlayersNigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency industry. According to an association that advocates for the risk-based regulation of the crypto industry, financial institutions should not use a Nigerian central bank directive as basis for denying service to industry players. Risk-Based Regulation of Crypto […]

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Finder Survey: Nigeria’s 24.2% Adoption Rating Is the Highest Rate of Crypto Ownership Globally

Finder Survey: Nigeria’s 24.2% Adoption Rating Is the Highest Rate of Crypto Ownership GloballyAccording to the latest Finder Cryptocurrency Adoption Index, in October 2021, Nigeria had the highest rate of cryptocurrency ownership globally, at 24.2%. Bitcoin Is the Most Popular Coin in Nigeria In addition to finding the West African nation as the country with the highest proportion of citizens that hold cryptocurrencies globally, the survey also discovered […]

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’

Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means of identity verification in the country.” New Identification System Before the latest decision, the CBN […]

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec