Tag: CBN
Crypto Crackdown in Nigeria: Balancing Economic Stability and Innovation
Nigeria has blocked access to prominent crypto-based entities like Coinbase, Binance, and Kraken to boost its failing fiat currency.
As per officials, the...
Nigeria’s Crypto Laws: CBN Revisits Laws to Fuel Transparency and Security in 2024
In December 2023, the Central Bank of Nigeria removed the two-year restrictions on crypto transactions.
According to the rules, crypto providers can open...
Why Nigerians should be wary of Central Bank Digital Currencies
Nigerians need to be wary about the eNaira primarily because the bad and ugly sides outweigh the excellent side of this currency
Unlike...