Tag: Cryptocurrency
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SEC officially accepts two cryptocurrency firms to operate in Nigeria
The Securities and Exchange Commission (SEC), has officially granted operational approvals to several crypto operators, indicating an acceptance of the digital currency.
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Two cryptocurrency firms granted approval to operate in Nigeria
The Securities and Exchange Commission (SEC) has granted two digital assets Exchanges “Approval-in-Principle” to commence operation under the Accelerated Regulatory Incubation Program (ARIP). Ms Efe Ebelo, the spokesperson of the commission announced this in a statement on Thursday in Lagos.
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You can’t stop Nigerians from trading in crypto – Senate
The Senate Committee on Capital Market on Monday called for the regulation of Cryptocurrency to ensure some level of accountability and protection of investor’s fund.
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After Binance, Reps go all out against IMTOs, P2P marketplace
The House of Representatives has resolved to investigate the national security implications of the current status of cryptocurrency, blockchain, and other digital asset transactions.
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Real reason CBN lifted ban on cryptocurrency
The Central Bank of Nigeria (CBN) has lifted the ban it imposed two years ago on cryptocurrency transactions in the Nigerian banking system.
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Twitter changes logo to Dogecoin and Elon Musk explains why
Twitter changed its traditional blue bird logo Monday morning to mimic the logo of a popular cryptocurrency – an image of a dog that featured in viral memes. The microblogging platform’s homepage and loading screen was replaced with the shiba inu image associated with the Dogecoin memecoin cryptocurrency. The logo change has caused the dogecoin…
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Gov Okowa faults FG for banning cryptocurrency
Delta State Governor Ifeanyi Okowa has faulted the federal government for banning cryptocurrency in the country, saying it should have been studied and Nigerians advised about it.
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China declares cryptocurrency transactions illegal
China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, sounding the death knell for digital currencies in China after a crackdown on the volatile trade.
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CBN reacts to Osinbajo’s counsel on regulation of cryptocurrency
The Central Bank of Nigeria (CBN) has acknowledged the counsel of Vice – President, Prof. Yemi Osinbajo, in support of the regulation of digital currencies. TheNewsGuru.com, TNG reports that the apex bank had earlier ordered commercial banks to restrict cryptocurrencies related transactions. TNG reports that the Vice President on Friday said there is a role…
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Cryptocurrency: CBN acted in Nigerians’ best interest
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has said that the CBN acted in the nation’s best interest by ordering banks, non-banking and other financial institutions not to facilitate trading and dealings in cryptocurrencies. Emefiele, while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes,…