Nigeria


Policy

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

Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies.

Lagos, Nigeria

Videos

Why Crypto Crackdowns In India And Nigeria Are Resurging

India and Nigeria create new laws to restrict access to cryptocurrency exchanges. Nikhilesh De, regulatory reporter at CoinDesk, gives reasons for this resurgence, pointing to potential political pressures and concerns about illicit financing among other reasons.

Recent Videos

Policy

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

Both nations hope to prevent banks from providing services to crypto companies.

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Finance

Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance will allow credit unions and cooperatives to earn interest on deposits by converting them to stablecoins.

africa, network

Markets

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

The Central Bank of Nigeria said its warning to banks on Friday was not a new position, but a reiteration of its 2017 stance on cryptocurrencies.

Nigeria flag

Markets

Binance Suspends Deposits in Nigeria Following Central Bank Directive

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

Lagos, Nigeria

Policy

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

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

Lagos, Nigeria

Markets

Discovering Bitcoin Through the #EndSARS Movement, Feat. Yele Bademosi & Akin Sawyerr

When the Nigerian government shut down #EndSARS protestors’ bank accounts, bitcoin and crypto became a way around.

Breakdown 11.11 #EndSARS

Markets

West African Program Will Store Weather Data on Telos Blockchain

Telokanda, a collaboration between Telos and open-source weather tech company Kanda in West Africa hopes to engage local communities in collecting and sharing weather data on the Telos public blockchain.

Telokanda weather balloons will record a variety of data and store the information on the Telos blockchain.