The Central Bank of Nigeria (CBN) has fined First City Monument Bank (FCMB), Fidelity Bank Plc, and Wema Bank N514 million because they contravened the CBN circular of 5 February…
The Central Bank of Nigeria (CBN) has unleashed heavy penalties on three commercial banks in Nigeria for breaching the Bank's directive of 5 February 2021 to all banks and other…
Due to the fast-growing adoption of cryptocurrencies amongst households in the U.S., the U.S. Department of the Treasury is launching an education campaign to raise awareness about the risks of…
On Tuesday 1 February 2021, the news that Botswana lawmakers had passed a bill to regulate trading in cryptocurrencies and digital tokens in the country traveled far and wide. The…
India’s finance minister, Nirmala Sitharaman, announced on 1 February 2022 a 30% tax on any income earned from the transfer of virtual digital assets. The Indian crypto market is among…
In what appears to be a Central Bank of Nigeria (CBN) clampdown persons engaging in cryptocurrency trading in Nigeria, banks in the country have been blocking, closing, and/or freezing the…
Introduction
Cryptocurrencies or crypto assets are highly volatile, thus portending significant risks to investors. In order to de-risk investments in cryptocurrencies or crypto assets, a special investment fund can be created…
Bitcoin.org website (not bitcoin, the cryptocurrency) was hacked by scammers in a giveaway scam on Thursday 23 September 2021.
Claiming that the Bitcoin Foundation is “giving back to the community", the…
Africa has the strongest grassroot adoption of cryptocurrency in the world, shows Chainalysis report
Gradually, Bitcoin begun to obtain real monetary value and several new kinds of cryptocurrencies have emerged slowly to existence to address the imposed Bitcoin problems.
We want to make [PayPal crypto services] as open as possible and we want to give choice to our consumers …