Africa Market

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

At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confid...
June 2, 2021
200

Uganda’s finance watchdog calls for crypto regulations in the country

With exchanges slow to fall under FIA oversight, Uganda’s AML watchdog wants the government to make a move on crypto regulations.
May 26, 2021
163

Nigerian Fintechs Cut Off From Government Verification Service

The Nigerian government has made things tricky for fintech companies and even trickier for crypto companies.
April 12, 2021
188

Nigeria’s Central Bank: Crypto Trading Has Not Been Banned

A senior official from Nigeria’s central bank says the financial institutions are banned from trading with crypto companies, bu...
March 22, 2021
241

Nigerians Turn to Stablecoins for Protection Against Inflation

Traditional savings groups in Nigeria are looking at dollar-pegged stablecoins as a tool to protect their savings from local in...
March 16, 2021
198

Nigeria’s Crypto Ban Fuels Mistrust in Government

A central bank ban on crypto transactions is at odds with the government's goal to build a digital economy around blockchain te...
February 23, 2021
254

Elon Musk’s Tesla Has Invested $1.5 Billion Into Bitcoin

Tesla has invested $1.5 billion into Bitcoin, according to an SEC filing today.

Nigerian Central Bank Says Its Ban on Crypto Accounts Is Nothing New

The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on...
February 8, 2021
213

Binance Suspends Deposits in Nigeria Following Central Bank Directive

Binance has temporarily suspended deposits in Nigerian naira – the country’s local fiat currency – in response to a Friday lett...
February 6, 2021
221

Visa Signals Further Crypto Ambitions With API Pilot for Bank Customers to Buy Bitcoin

Visa (V) is piloting a suite of application programming interfaces (APIs) that will allow banks to offer bitcoin services, the ...
February 4, 2021
271