Nigeria Archives - American Crypto Association

Jun 16 2021

Nigerian Central Bank Threatens Jail Time for Citizens Caught Defacing Naira Banknotes – Economics Bitcoin News

Aladeen Badajo, cbn, Central Bank of Nigeria, economics, Naira, naira depreciation, Nigeria

Fighting to stop the value of the naira from dropping further, the Central Bank of Nigeria (CBN) faces yet another problem: abuse of naira banknotes. …

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Jun 12 2021

An Open Letter To The Nigerian Government: Pursue A Bitcoin Standard

Culture, Nigeria, Regulation, Russell Okung

Greetings President Muhammadu Buhari, The hope of Nigeria lies within this generation. I am proudly a Nigerian descendant living in America and am a proponent …

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Jun 11 2021

Central Bank of Nigeria Looking to Launch CBDC in 2021 | BTCMANAGER

cbdc, Central Bank, Nigeria, Regulation

An official of the Central Bank of Nigeria (CBN) stated that the CBN is planning to issue its central bank digital currency (CBDC) before the …

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Jun 11 2021

Nigeria’s central bank plans CBDC pilot launch before the end of 2021

cbdc, Central Bank, Digital Currency, Nigeria

Rakiya Mohammed, an IT specialist at the Central Bank of Nigeria (CBN) has announced that the apex bank is making efforts to float a central …

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May 28 2021

Crypto will ‘come to life’ in Nigeria, central bank governor says

ban, Central Bank, Cryptocurrencies, Government, Law, Nigeria

At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confidence that cryptocurrencies like Bitcoin (BTC) …

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May 26 2021

Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies – Emerging Markets Bitcoin News

CBN crypto ban, Central Bank of Nigeria, crypto market collapse, crypto market volatility, Cryptocurrency, Digital Currency, Elon Musk, Emerging Markets, Godwin Emefiele, Nigeria

Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central …

Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies – Emerging Markets Bitcoin News Read More »

May 22 2021

Bitcoin’s usefulness is on a whole other level, depending on where you live

Adoption, Cryptocurrencies, Nigeria

A versatile asset, Bitcoin can wear multiple hats, including its function as a currency. One Nigerian on Twitter recently detailed how Bitcoin has helped him …

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May 3 2021

Nigeria Stopping the Rejection of Old or Torn USD Notes Underlines Why Crypto Is a Better Reserve Currency – Featured Bitcoin News

BCH, btc, Central Bank of Nigeria, Cryptocurrency, currency rejection, depreciation, Featured, inflation, Nigeria, Reserve Bank of Zimbabwe, USD, USD Notes

In early April 2021, the Central Bank of Nigeria (CBN) issued a circular warning Nigerian institutions to stop the practice of rejecting old or lower …

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Apr 29 2021

Peer-To-Peer Bitcoin Trading Rising Across Africa

Africa, Culture, Kenya, Nigeria, p2p, Peer-to-peer

Bitcoin was developed with the intent of putting financial control back in the hands of the people. In the years since its inception, Bitcoin adoption …

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