Cryptocurrency nigeria news

Here are some recent news and updates on cryptocurrency in Nigeria:

Regulatory Updates

• The Central Bank of Nigeria (CBN) has issued a circular to commercial banks, warning them against dealing with cryptocurrency exchanges and transactions. The circular also prohibits banks from providing services to cryptocurrency exchanges. (Source: CBN)
• The Nigerian Securities and Exchange Commission (SEC) has issued a statement clarifying its stance on cryptocurrency, stating that it is not a security and therefore not regulated by the commission. (Source: SEC)

Cryptocurrency Adoption

• The Nigerian government has launched a digital currency, eNaira, which is designed to be a central bank-issued digital currency. The eNaira is expected to improve financial inclusion and reduce the use of cryptocurrencies. (Source: CBN)
• The Lagos State Government has partnered with a cryptocurrency exchange, Paxful, to provide financial services to residents of the state. (Source: Lagos State Government)

Cryptocurrency Trading

• The value of Bitcoin has surged in Nigeria, with many Nigerians investing in the cryptocurrency. (Source: Bloomberg)
• The cryptocurrency exchange, Binance, has launched a new platform, Binance Nigeria, which allows users to buy and sell cryptocurrencies using the Nigerian naira. (Source: Binance)

Cryptocurrency Scams

• The Economic and Financial Crimes Commission (EFCC) has arrested several individuals suspected of running cryptocurrency scams in Nigeria. (Source: EFCC)
• The Nigerian police have warned citizens to be cautious of cryptocurrency scams, which are becoming increasingly common in the country. (Source: Nigerian Police)

Cryptocurrency Education

• The University of Lagos has launched a course on cryptocurrency and blockchain technology, aimed at educating students on the potential of the technology. (Source: University of Lagos)
• The Nigerian Stock Exchange (NSE) has partnered with a cryptocurrency exchange, CryptoSavannah, to provide training and education on cryptocurrency trading. (Source: NSE)

These are just a few of the recent news and updates on cryptocurrency in Nigeria. As the use of cryptocurrency continues to grow in the country, it is likely that we will see more developments and updates in the future.