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

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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…

How To Mint Non Fungible Token NFT.

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If you want to learn how to mint an NFT, join this ride. The market for NFT is at the peak of cryptocurrency market at the moment. For the first time, NFT has taken over as the market leader in…

Elon Musk Hints Return of Bitcoin For Tesla Purchase.

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Elon Musk, CEO SpaceX and Tesla said that Bitcoin may be approved for purchase of Tesla vehicles in near time, he made this known in an online panel discussion organized by Crypto Council on Innovation tagged , “The B Conference”…

First Regulatory Framework For StartUps in Nigeria Underway.

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Bill to regulate fintech and cryptocurrency. The collaborative bill calls for suggestions A bill to regulate startups in Nigeria is on the works through collaborative efforts of Nigeria tech ecosystem players and representative of Nigerian government. The journey began in…

Bitcoin Drops Below $30,000 Again.

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For the second time since achieving all time high of $65,000 in April, 2021, Bitcoin has recorded it’s second fall below $30,000. The first was in June 22nd, 2021. The effect snowballed to altcoins. Bitcoin recorded a 5% sharp drop…

Crypto, Blockchain Experts in Demand as Countries Venture into Digital Currency.

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Monetary regulatory powers globally are announcing in quick successions their plans to launch digital currency. The big question is, who has the knowledge to execute this ? Bahamian Sand dollar was the first digital currency launched by a sovereign nation…