Speaking at a recent event, Yemi Osinbajo rebuked the recent ban on digital currencies, advocating for Nigerian authorities to regulate the industry.
The Central Bank of Nigeria believes the recent ban on digital currencies was in the best interest of the public, says its governor.
Senators want the Central Bank of Nigeria governor to brief its Banking Committee on why it ordered banks to shut down digital currency-related accounts in the country.
Digital currency firms in Nigeria will now face a challenge that’s common in many other developing nations—the lack of basic banking services, Steve Kaaru writes.
Africa’s profile as a significant player in the digital currency industry has continued to grow in recent years, Steve Kaaru writes.
Nigeria could be on its way to becoming the first African country with a comprehensive regulatory framework for the digital currency and blockchain industry.
The roadmap breaks down how blockchain has changed the trust paradigm, its adoption in Nigeria so far, how the government intends on applying it and how it integrates with other emerging technologies.
The Nigerian Securities and Exchange Commission says it will regulate digital tokens and currencies if they qualify as securities transactions.
By expanding to the three countries, BuyBSV has now given over 400 million people an easy way to access Bitcoin.
As the Bitcoin SV blockchain expands so does the need for easy accessibility and as a result you can now buy Bitcoin SV (BSV) on BuyBSV.com with VISA or MasterCard in: Russia, South Africa and Nigeria.
Sub-Saharan Africa has taken to digital currencies, with P2P platforms in Kenya, Nigeria, South Africa and Ghana posting triple-digit growth in 3 months.