DiutoCoinNews

Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria

Ekenedilichukwu

Despite Draw Backs from Govt., Nigeria Crypto Adoption on Steady Increase.

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Nigeria cryptocurrency adoption continue to grow despite central bank of Nigeria directives alienating banks and other financial institutions from engaging in cryptocurrency transactions. The end of July report from statista showed that P2P trade volume for Bitcoin posted another increase….

President of Stakeholders in Blockchain Association in Nigeria (SIBAN) Endorses eNaira.

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Senator Ihenyen president of SIBAN said that the adoption of eNaira is a welcome push to the on going campaign to reduce the number of Nigerians that are financially excluded. The success of eNaira he stated will be on it’s…

A Huge Crypto Milestone: German Law Allowing Financial Institutions to Hold Cryptocurrency Takes Effect Tomorrow Aug 2 .

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Lessons For Nigeria Lawmakers and Financial Institution Regulators. Starting tomorrow, August 2,2021, German institutional funds can hold their assets in cryptocurrency to the tune of 20%. This is a pace setter for more mainstream adoption of cryptocurrency into subsidiary financial…

Ghana Vice President Calls on African Nations to Embrace Digital Currency.

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The vice president of Ghana, Dr Mahamudu Bawumia has called on African Nations yet to embrace digital currency to adopt the emerging technology to meet up with dynamism of the present age in financial ecosystem. He made this known during…

How to Earn Free Crypto.

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There is nothing as sweet as free money. The joy is like a miracle. Consumers enjoy freebies in different forms, Card discounts to encourage use of card payments, Code discounts for online shopping ( in some cases there are promo…

Italian Football Club Inter Milan Concludes Plan to Launch Digital Currency $Inter.

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Welcomes New Sponsorship Crypto Giant Socio. Italian tire company Pirelli loses Inter Milan near three decade famous Nerazzurri ( black and white ) kit. The lastest sponsors , Socio paid twice Pirelli’s offer. Socio is a cryptocurrency company with focus…

Massive Shift to USD(X) Stablecoin Expected as CBN Stops the Sell of FX to BDC Operators

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Massive Shift to USD(X) Stablecoin BDC Expected. Central Bank of Nigeria’s governor , Godwin Emefiele has announced the placement of embargo on the weekly sale of foreign exchange to Bureau De Change operators. CBN made this known on Tuesday while…

Kenyan Farmers Use Cryptocurrency.

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In what is termed Community Inclusion Currency CIC, Kenyan farmers are selling their produce, purchasing fertilisers and farming inputs with cryptocurrency designed for their community. An American economist, Will Ruddick, introduced blockchain technology for low income urban customers and has…

Bitcoin Nears $40,000 as Amazon Sets to Accept Cryptocurrency Payments.

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Bitcoin jumped to to near 10% after news trended that Amazon is set to accept the cryptocurrency as a means of payment. After a long period of turbulent market volatility that made Bitcoin loose it’s leading position in market share…

Blockchain Technology to Add $29 Billion to Nigeria’s GDP by 2030.

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A new survey by Enhancing Financial Innovation and Access (EFInA) finds that blockchain technology can sort out challenges to financial inclusion in Nigeria and boosts Nigeria’s economy, bearing the variables in ground can add $29 billion to the nation’s GDP…


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