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Central Bank’s Targeting of P2P Crypto Transactions Forces Startup to Quit Nigeria

Central Bank’s Targeting of P2P Crypto Transactions Forces Startup to Quit NigeriaThe Nigerian startup behind the social payment app for cryptocurrency and fiat, Kurepay, says the Central Bank of Nigeria (CBN)’s current crackdown on crypto entities has forced it to suspend operations in Nigeria. ‘Horrible’ Year for Crypto Adoption According to a report by the Cryptoassetbuyer, this suspension of operations is set to commence at the […]

Gary Gensler is leaving the SEC, but replacement will face scrutiny

P2P Bitcoin Traders in Nigeria Think Outside the Box in the Wake of CBN Restrictions

P2P Bitcoin Traders in Nigeria Think Outside the Box in the Wake of CBN RestrictionsAfter the Central Bank of Nigeria issued a directive targeting the country’s cryptocurrency industry, bitcoin and altcoin trade volumes on centralized exchanges immediately plunged. Nevertheless, the new regulations seem to have succeeded in boosting crypto trade volumes on informal markets or on peer-to-peer trading platforms. Nigerian Crypto Traders Get Creative Still, the increasing trades on […]

Gary Gensler is leaving the SEC, but replacement will face scrutiny