The MetaMask and MoonPay partnership significantly develops Nigeria’s crypto market. It simplifies transacting in digital assets by enabling a seamless crypto purchase experience. Crypto and other digital assets have seen their popularity rise in Nigeria and Africa. Therefore, it is predictable that more crypto-related innovations and partnerships will crop up in the coming months. This will expand the reach of digital assets in the region even further.
As the FTX crypto exchange tries to recover from last year's crash, it has turned its attention towards Africa's crypto ecosystem. In search of more African crypto ambassadors, FTX is now targeting the high youth count within the continent. They stated that each student that referred their fellow peer to trade with the already bankrupt crypto exchange would receive a 40% commission. Some claim this is a strategic move from the former titan to gain momentum through African crypto traders. Others claim it is a mere act of desperation.
Roqqu Crypto exchange finally attained its Europen virtual currency license
Its headquarters are in Lekki, Lagos state Nigeria, and it has processed over...
Aside from the astronomic rate of crypto circulating within Nigeria, some diverted into other blockchain ventures. Nigeria's NFT marketplace has significantly risen over...
The Nigerian central bank (NCB) has accused currency speculators in the country of being behind the local currency’s recent plunge to a new record of ₦710 against the dollar
Despite the currency continuing depreciation on the parallel market, the Central Bank of Nigeria (CBN) insists the Naira’s official exchange rate against the dollar remains at approximately ₦424 for US$1
The leader of a Nigerian association of bureau de change operators has smeared mud on crypto trading for the Naira’s recent plunge
