In 2021 a survey revealed that Nigeria experienced a 2,467.2% hike in crypto trades.
The Federal Executive Council approved the Blockchain policy and...
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.
Approximately 22 million people comprise the total trading volume in Nigeria.
Megasley created a Bitcoin Lightning node and successfully operated it...
On February 5 2021, the Central Bank of Nigeria released a ruling that ordered all financial institutions to stop facilitating crypto transactions with...
Aside from the astronomic rate of crypto circulating within Nigeria, some diverted into other blockchain ventures. Nigeria's NFT marketplace has significantly risen over...
Recently, Binance has talked with Nigeria Export Processing Zone Authority to establish the first virtual economic zone in West Africa.
NEPZA's Managing director...
Many African nations are currently debating whether or not to legalize cryptocurrencies, despite the fact that it is becoming more popular with consumers globally. ...
