Cryptocurrency news nigeria
Here are some recent cryptocurrency news from Nigeria:
Regulatory Updates
- CBN Suspends Cryptocurrency Trading: The Central Bank of Nigeria (CBN) has suspended all cryptocurrency-related activities in the country, citing concerns over the risks associated with the use of cryptocurrencies. (Source: Punch)
- SEC Nigeria to Regulate Cryptocurrencies: The Securities and Exchange Commission (SEC) Nigeria has announced plans to regulate the cryptocurrency market in the country, with a focus on protecting investors and preventing fraud. (Source: Vanguard)
Business and Investment
- Nigerian Fintech Company Raises $1.5M in Crypto Funding: Nigerian fintech company, TeamApt, has raised $1.5 million in funding from a cryptocurrency-based investment firm, with plans to expand its financial services offerings. (Source: Techpoint)
- Cryptocurrency Exchange Launches in Nigeria: A new cryptocurrency exchange, called Quidax, has launched in Nigeria, offering a range of cryptocurrencies and trading pairs. (Source: Nairametrics)
Security and Hacking
- Nigerian Cryptocurrency Exchange Hacked: A Nigerian cryptocurrency exchange, called Bitmama, has been hacked, resulting in the theft of millions of naira worth of cryptocurrencies. (Source: Premium Times)
- Cryptocurrency Scam Alert in Nigeria: The Economic and Financial Crimes Commission (EFCC) has warned Nigerians to be cautious of cryptocurrency scams, which are on the rise in the country. (Source: This Day)
Other News
- Nigeria's Cryptocurrency Adoption Rate Rises: According to a report by Chainalysis, Nigeria has seen a significant increase in cryptocurrency adoption, with the country ranking among the top 10 countries in terms of cryptocurrency adoption. (Source: CoinTelegraph)
- Cryptocurrency Education Initiative Launched in Nigeria: A cryptocurrency education initiative, called CryptoSavvy, has been launched in Nigeria, aimed at educating Nigerians on the benefits and risks of cryptocurrencies. (Source: Nairametrics)
These are just a few examples of the latest cryptocurrency news from Nigeria. If you're interested in staying up-to-date with the latest news and developments in the Nigerian cryptocurrency space, I recommend following reputable sources such as Nairametrics, Techpoint, and CoinTelegraph.