Tatcoin, Africa’s own top utility token has crossed $1 Million trading volume on Bidesk Cryptocurrency exchange platform.
Just In, Nigerian Naira depreciates further to N462 Per $1 on most Naira to Bitcoin Market in Nigeria. There is a severe pressure on Nigeria’s foreign exchange market which has equally affected other markets including the Bitcoin Market in Nigeria.
Views: 291 The OTC Bitcoin trading business in Nigeria is moving at a faster rate then expected coupled with the recent price of naira to Bitcoin in Nigeria. Many Bitcoin traders prefer to use WhatsApp groups and Telegram groups among…
The business of OTC Bitcoin trading in Nigeria have seen a tremendous growth in the country, coupled with the increase in the value of one dollar to naira at the black market.
The Federal Bureau of Investigations, FBI, has filed a case claiming that Olalekan Jacob Ponle, an acompliance arrested alongside Hushpuppi, defrauded US firms of millions in dollars.
German Finance Minister Olaf Scholz has announced plans to restructure financial services regulator Bafin following the reputational damage surronding the Wirecard scandal.
Since the establishment of Bitcoin Automated Teller Machines in 2013, over 8,000 Bitcoin ATMs are now installed around the world, including in Nigeria, the country with the highest bitcoin trading volume in Africa.
Recent Google Trends data compiled by Blockchaincenter.net shows that Kenya ranks above Nigeria in Bitcoin search for the first time over a long period of time.
According to the information provided by the Medium-Term Expenditure Framework and Fiscal Strategy (MTEF/FSP) report as released by the Federal Ministry of Finance, Budget, and National Planning, the exchange rate between the naira and the dollar may be further devalued.