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Category africa


Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts

Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts

The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency...
May, 01, 2024
by Bitcoin News
South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil

South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil

Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in...
Apr, 29, 2024
by Bitcoin News
Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days

Nigerian Currency Reverses Early April Gains, Depreciating by 12% in Seven Days

The Naira recently depreciated by 12% in just seven days, thus shedding all the gains it made against the U.S. dollar in early April. Local media r...
Apr, 28, 2024
by Bitcoin News
Kenya Establishes Working Group to Draft Rules Governing Crypto Entities

Kenya Establishes Working Group to Draft Rules Governing Crypto Entities

The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring ...
Apr, 26, 2024
by Bitcoin News
Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges

Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges

The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurr...
Apr, 24, 2024
by Bitcoin News