A body representing cryptocurrency and blockchain stakeholders in Nigeria has joined other crypto industry players in assailing the recent Central Bank of Nigeria (CBN) directive to banks. The CBN order, which seeks snuff out crypto entities from the banking system,…
Central Bank of Nigeria bans banks from servicing crypto exchanges
The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country. The prohibition was contained in a circular issued by the CBN on Friday. According to the central…
Cryptos having better technology than Bitcoin
A top crypto rating agency Weiss Ratings, recently disclosed that many cryptos are having a better technology experience than XRP and the world’s flagship crypto, Bitcoin. It further explained that it was able to make such judgment by using a…