DiutoCoinNews

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

STABLECOINS

Nigeria Stablecoins And ICOs Legal Framework In The Pipeline. 

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 Nigeria Central Bank has declared its readiness to accept the existence of private stablecoins as well and the necessity to create a legal framework for stablecoins is defined in the latest central bank strategy paper.  Published under the headline “Nigeria…

Crypto Market Rate Update For Saturday, 24th September, 2022: Naira to USD (USDT).

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Saturday, 24th September, 2022, updated rates on USD – USDT and other most popular cryptocurrencies on DiutoCoinNews. Quotations are expressed in Naira. Look for the virtual currency of your choice and check its average rate, market value and volume over…

Crypto Market Rate Update For Friday, 23rd September, 2022: Naira to USD (USDT).

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Friday, 23rd September, 2022, updated rates on USD – USDT and other most popular cryptocurrencies on DiutoCoinNews. Quotations are expressed in Naira. Look for the virtual currency of your choice and check its average rate, market value and volume over…

CBDC: e-Cedi Will Not Affect MTN MoMo Vendors’ Business, says Bank Of Ghana

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The Bank of Ghana has assured citizens that the e-cedi, the country’s central bank digital currency (cbdc), will not disrupt the MTN mobile money (MoMo) system. According to the apex bank governor, the implementation will rather be a positive one…

East African Central Banks Raise Doubts on Regional CBDC by 2024

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The East African currency project in 2024 collapsed after the EAC Council of Ministers, the central decision-making and governing organ of the EAC, resolved that this deadline is not feasible, citing delays by member countries in realizing targets set out…

Breaking: CBN to Enable eNaira USSD Transfer Next Week

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Starting from next week, Nigerians will be able to open an eNaira wallet and conduct transactions by simply using a designated USSD code on any phone. The e-Naira ussd code is *997# which can be used to open the e-Naira…

End Of The Metaverse Is Coming ? A 2027 Predictions Of The Crypto Ecosystem. Top Four Predictions.

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In long term planning for growth and a set of assessment projections one usually asks , ” where do you see yourself in next five years?” These projective tests questions help to shape our goals and pick and streamline our…

Crypto P2P Trading In Nigeria Driving Naira Value Down: CBN Laments

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Nigerians stockpiling cryptocurrencies, especially stablecoins to shield assets against a weakening naira have contributed to a slump in the fiat currency to a record low in the unauthorized market, report claims. The naira weakened to 670 per dollar on Wednesday…

Kenyan Central Bank Governor Believes CBDC May Lead to Financial Exclusion

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According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya due to high adoption of mobile phone banking means launching a central bank digital currency (CBDC) now, could…

Tanzania Finance Officials Call For Clear Global Concensus on CBDC

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Tanzania’s finance officials have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets before final decisions are made by its government and world bodies. Interoperability of CBDCs Earlier before now, Tanzanian President Samia Suluhu Hassan…


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