Tag Archives: Crypto

“Nigeria remains one of the safest crypto markets in the world,” SIBAN tackles CBN

Blockchain Association of Nigeria (SiBAN) has  said that Nigeria remains one of the safest crypto markets in the world, Speaking, SIBAN President, Senator Ihenyen, said the market’s link with criminals is not a surprise for cryptocurrency exchanges. Acccording to him, the links is a reality many of them have taken measures to address. He noted that their efforts have paid ...

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“Open up economy, don’t add to sufferings,”- Atiku knocks FG for banning Crypto transactions

Atiku Abubakar, former vice president has rapped the Federal Government over the knuckles on its decision to ban cryptocurrency transactions. Reacting angrily on the policy, the astute business man and politician said that the government should not add to the burden of unemployment, but should focus on opening of the economy and job creation. Recall that the Federal Government, through ...

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CBN warns financial institutions against doing business in Crypto

The Central Bank of Nigeria has notified financial institutions against doing business in Crypto and other digital assets. The apex bank gave the directive to thr regulated financial firms via a circular dated 5th February 2021 and distributed to regulated financial firms, the apex bank of Africa’s largest economy It warned and reminded local financial institutions not to have any ...

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