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eNaira and the state of crypto in Nigeria amid a financial cr

Nigeria finally implements its blockchain policy

0xMain
May 4, 2023

Blockchain, finally, Hacking, implements, Nigeria, policy

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Nigerian government has approved its national blockchain policy. It aims to institutionalize blockchain technology and its components in the nation. Nigeria, the most populous country in Africa, is...

Nigeria considers digital exchanges for asset-backed tokens

0xMain
May 1, 2023

assetbacked, considers, Digital, exchanges, Hacking, Nigeria, tokens

Nigeria’s Securities and Exchange Commission (SEC) is reportedly looking to license digital exchanges to enable the issuance of asset-backed tokens in the country. Legalizing bitcoin (BTC) and other cryptos is not in the regulator’s plans in the short term. SEC to approve digital...

ConsenSys and MoonPay enable crypto purchases in Nigeria via MetaMask

0xMain
March 21, 2023

ConsenSys, Crypto, enable, Hacking, MetaMask, MoonPay, Nigeria, purchases

ConsenSys and MoonPay have partnered to allow Nigerians to buy bitcoin (BTC) and other cryptocurrencies from MetaMask and Portfolio dapp using direct bank transfers. The Central Bank of Nigeria (CBN) is yet to lift its ban on crypto transactions. The Ethereum (ETH) software...

Nigeria tries to enforce cashless society with CBDC eNaira amidst financial disaster

0xMain
February 24, 2023

cashless, CBDC, disaster, eNaira, enforce, Financial, Hacking, Nigeria, society

Nigeria, Africa’s most populous nation and largest economy, is currently facing a financial crisis that has underscored the importance of cryptocurrencies for its population of over 219 million. Despite the government’s launch of a central bank digital currency (CBDC), the eNaira, citizens have...

Nigeria to regulate stablecoins and ICOs

0xMain
January 12, 2023

Hacking, ICOs, Nigeria, regulate, stablecoins

Nigeria highlights its plans for regulating stablecoins, initial coin offerings (ICOs), and the possibility of creating foreign direct investment through cryptocurrencies. The document titled “Nigeria’s payments system vision 2025” complements the country’s previous efforts to regulate the largest crypto market in Africa. In...