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Nigeria

Bitcoin News

Nigeria’s SEC Puts Plans to Regulate Crypto on Hold in Light of Central Bank Ban

Stanislav Shishkin -
Nigeria’s Securities and Exchange Commission (SEC) announced Thursday it has put plans to regulate cryptocurrencies on hold.
Bitcoin News

Nigeria’s Senate Summons Central Bank Chief to Explain Crypto Ban

Stanislav Shishkin -
The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies.
Bitcoin News

How Nigeria and India Are Dealing With Crypto Bans

Stanislav Shishkin -
Two of the world’s ten most populous countries have or are considering crypto bans: Here’s what it means.
Bitcoin News

Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban

Stanislav Shishkin -
Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week...
Bitcoin News

State of Crypto: India and Nigeria’s Crypto Crackdowns Continue Old Trends

Stanislav Shishkin -
Both nations hope to prevent banks from providing services to crypto companies.
Bitcoin News

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

Stanislav Shishkin -
The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance...
Bitcoin News

Binance Suspends Deposits in Nigeria Following Central Bank Directive

Stanislav Shishkin -
Nigeria's central bank told financial institutions they couldn't provide crypto companies or users with services on Friday.
Bitcoin News

Nigeria’s Central Bank Orders Banks to Close Accounts of All Crypto Users

Stanislav Shishkin -
Any breaches of the order would face "severe regulatory sanctions," the central bank warned.

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