Tag: Cryptocurency
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Bitcoin wallets and what you should know about them
The rise of technology brought forth a lot of innovations that made daily activities easier. This is the reason why Bitcoin (BTC) has grown massively popular across the world. With its value and usefulness, it is no longer
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BREAKING: You can’t prohibit cryptocurrencies – Osinbajo tells CBN
Nigeria’s Vice President Yemi Osinbajo has said cryptocurrencies should not be prohibited in the country, but regulated. TheNewsGuru.com (TNG) reports the Vice President’s comment is coming after the Central Bank of Nigeria (CBN) placed a ban on cryptocurrencies in the country. Speaking at a CBN Bankers’ Forum on Friday, VP Osinbajo stated that sooner than…
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JUST IN: CBN Governor arrives NASS, to be grilled over ban on cryptocurrency
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has honoured the invitation of the Senate over the ban placed on cryptocurrency in the country. TheNewsGuru.com (TNG) reports Emefiele arrived at the National Assembly (NASS) on Tuesday to honour the request by the Senate Joint Committee on Banking Insurance and other financial institutions,…
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Authority freezes $90m linked to cryptocurrency trader BTC-e
New Zealand police have frozen 140 million New Zealand dollars (90 million dollars) in funds thought to be linked to a cryptocurrency firm whose owner has been accused of money laundering. Police Commissioner Andrew Coster said in a statement on Monday that “the money is linked to the Canton Business Corporation and its owner Alexander…
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Libra: How Facebook aims to run it's digital coin
Facebook is looking to hire a seasoned executive, who has the know-how of the complex government and central banking system, to run its digital coin ‘Libra’ project. David Marcus, Facebook’s vice president of messaging products and a key figure behind ‘Libra’ digital currency project, made this known in an interview. According to Marcus, someone with…
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Like Facebook, Google; Twitter bans cryptocurrency adverts
Twitter Inc is to ban most advertising of cryptocurrencies on its platform, joining Facebook and Google in a clampdown on the nascent industry, the company said in a statement. The San Francisco-based firm will this week launch a policy that prohibits advertising of initial coin offerings (ICOs), a form of crowd funding used to raise…