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Leader of Nigerian Crypto Stakeholders’ Body Welcomes the E-Naira — Says It ‘Comes With No Magic Wand’
1.8.2021
Nigeria’s proposed digital currency, the e-naira, is likely to be a welcome boost to ongoing efforts to reduce the number of Nigerians that are financially excluded, a leader of a stakeholders’ body has said. However, according to Senator Ihenyen, the president of Stakeholders...
Nigerian Crypto Exchange Boss: CBN Directive Led Shift of Trades From Centralized Exchanges to Black Market Exchanges
1.8.2021
It has been more than six months since the Central Bank of Nigeria (CBN) directed banks to stop serving customers from the cryptocurrency industry. While the measure appears to have succeeded in removing crypto entities from the banking ecosystem, the policy has however led to the growth...
China's crackdown signals an oncoming crypto ban, Bobby Lee says
26.7.2021
China has been increasing its regulatory pressure on crypto firms to help Chinese citizens stay clear of high-risk investments
Bitcoin price hints at 'megaphone' bottom pattern, and a breakout toward $40K
24.7.2021
The megaphone-shaped pattern reflects growing disagreement between investors over the next Bitcoin trend bias
Tanzania Announces Plans to Create Blockchain Advisory Team as Country Moves to Adopt Crypto
14.7.2021
In a follow-up to Tanzanian President Samia Suluhu Hassan’s call for cryptocurrency action, a government minister has now announced plans to set up a crypto advisory team. This team, according to the Information and Communication Technology (ICT) minister Faustine Ndugulile, will consist...
Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
14.7.2021
The latest price declines came after the US inflation rose to a 30-year high in June
Bitcoin price is 3-4 weeks away from new $24K-$29K range, market analyst warns
9.7.2021
The bearish outlook surfaces as Bitcoin prices form a classic cup and handle pattern, now in the last stage of its maturity
Chinese Crypto Ban Could Be Long-Term Good For Bitcoin - BitGo CEO
8.7.2021
Mike Belshe, Co-founder and CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg
Mike Belshe, CEO and Co-Founder of digital asset financial services company BitGo, claims that a recent clampdown on crypto in China could be a good thing for Bitcoin (BTC) in the long-term.
“Over the last...
Pro-crypto Congressman stacks, anti-crypto Congressman receives $100K from TradFi
7.7.2021
Alabama congressman Barry Moore has snapped up ETH, ADA, and Doge over the past two months, but his holdings have taken a significant hit amid the crypto downturn
Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
6.7.2021
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. However, as some observers have noted, the removal of the tweet...
China crypto ban a ‘huge opportunity for Canada,’ mining group head says
5.7.2021
The diversified location of Bitcoin mining facilities following China's crackdown is great news for the rest of the world, iMining CEO Khurram Shroff says
Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’
28.6.2021
In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on...
Tanzania central bank may rescind crypto ban after presidential endorsement
25.6.2021
President Samia Suluhu Hassan’s positive stance on crypto could see Tanzania’s central bank reversing its previous cryptocurrency prohibition
3 reasons why Solana bounced harder than Bitcoin and Ethereum
23.6.2021
The 14th largest cryptocurrency by market cap jumped by more than 55% after bottoming out at $20.14 on Tuesday
Proposed crypto ban legislation reportedly under review by India's government
16.6.2021
Authorities in India are reportedly weighing up options concerning crypto regulations in the country
Dutch Official Predicts Crypto Market Crash, Says ‘the Netherlands Must Ban Bitcoin Now’
14.6.2021
The director of the Netherlands’ Bureau for Economic Policy Analysis, a part of the country’s Ministry of Economic Affairs and Climate Policy, has predicted “The ultimate collapse of the crypto bubble.” He urges the government to ban bitcoin and other cryptocurrencies...
The CBN Says Nigeria Will Have a Digital Currency Before End of Year
12.6.2021
Nigeria is likely to have its own central bank digital currency (CBDC) by the end of the year, an official with the Central Bank of Nigeria (CBN) has said. In his remarks following the bankers’ committee meeting, Rakiya Mohammed, who is the director of information technology at CBN, also...
India to reportedly ditch Bitcoin ban agenda in favor of asset classification
10.6.2021
Indian state officials are reportedly no longer keen on banning Bitcoin and a crypto regulatory bill may be up for discussion during the Monsoon Session of Parliament
Restricting crypto trading to millionaires good for Hong Kong, says official
27.5.2021
Hong Kong’s Treasury Secretary says the government is right to pursue restrictive crypto regulations in the city
Central Bank of Nigeria Governor Says “Digital Currency Will Come to Life” but Attacks Volatile Cryptocurrencies
26.5.2021
Central Bank of Nigeria (CBN) governor, Godwin Emefiele, says digital currency “will come to life even in Nigeria” just a few months after the central bank ordered banks to stop serving the crypto industry. While acknowledging his country’s position as one of the leading crypto...