Tag Nigeria
Binance CEO Summoned by Nigerian Committee Over Financial Crime Concerns
Binance Faces $10B Damages Demand as Nigerian Naira Removed from P2P Platform
CoinCodeCap WeekInFocus: February 25, 2024
Nigeria Imposes Restrictions on Prominent Crypto Exchanges: Report
CoinCodeCap WeekInFocus: January 7, 2024
Central Bank of Nigeria Approves cNGN Stablecoin Trial
Key Takeaways In a significant move, the Central Bank of Nigeria (CBN) has granted its approval for the Africa Stablecoin Consortium (ASC) to initiate a trial of the cNGN stablecoin within the regulatory sandbox. The official launch of the stablecoin…
Nigeria’s Central Bank Lifts Ban, Allows Banks to Facilitate Crypto Transactions
Key Takeaways In a groundbreaking policy shift, the Central Bank of Nigeria (CBN) has decided to lift restrictions on Nigerian banks engaging in cryptocurrency transactions, marking a significant development in the country’s financial landscape. This move comes nearly two years…
Crypto Exchange Patricia Offers Controversial Debt Token Conversion Amid User Discontent
Key Takeaways Patricia, a Nigerian cryptocurrency exchange’s CEO, Fejiro Hanu, has confirmed that customers now have the option to convert their owed funds into Patricia shares through the launch of Patricia Token (PTK). This unconventional strategy aims to manage users’…