Bank of Uganda has called on the public against using cryptocurrencies to transact businesses, saying the Central Bank has not licensed any company to offer the…
Browsing: Cryptocurrency
The Central African Republic, C.A.R, has legalised the use of crypto in its financial markets, a development that sparked reactions across the continent. On April 21,…
South Africa’s largest crypto exchange, VALR, has raised $50 million in a Series B round of equity funding. It is the largest funding round in the…
Analysts at the 2021 African Economic Conference on Friday opine that boosting trade in Africa and sustaining growth after the Covid-19 crisis can be achieved through…
The President of Tanzania, Samia Suluhu Hassan has encouraged her nation’s Central Bank to permit dealings in cryptos. President Samia Suluhu made it clear that while…
He stated that the exchange commission had halted the implementation of cryptocurrency assets guidelines due to a lack of access to Nigerian Deposit Money Bank accounts.
The Central Bank of Nigeria, a few days ago issued a circular prohibiting banks and other financial institutions from carrying out transactions in cryptocurrencies or facilitating…
The Central Bank of Nigeria (CBN) has explained why it banned the use of cryptocurrencies in the country. According to the apex bank, transactions in cryptocurrencies…
“Further to earlier regulatory directives on the subject, the bank hereby wishes to remind regulated institutions that dealing in cryptocurrencies or facilitating payments for cryptocurrencies exchange is prohibited.”
The price of Bitcoin has soared on Sunday, the price rose by more than 5% and crossed the $34,000 mark, pushing its total market valuation by…