DiutoCoinNews

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

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Nigeria SEC Issues Regulation For Crypto, NFT And Other Digital Asset Transactions.

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The Securities and Exchange Commission (SEC) of Nigeria on Friday released new regulations for the trading of cryptocurrency, NFTs and other digital assets in Nigeria. This is contained in a recently released document titled, “New Rules on Issuance, Offering Platforms, and Custody…

Binance Restricts 281 Account Of Nigerian Users As The CEO Pleads For Understanding.

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Binance CEO, Changpeng Zhao CZ in a commitment letter to it’s Nigerian users today, addressing the recent viral online protest by Nigerians over banned accounts revealed that some 280 accounts of Nigerian users were restricted through directive of International law…

Russia’s President, Putin Stops Crypto Ban.

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President Vladimir Putin has called the nation’s legislative government and central bank to work out a common position on their regulation, instead of restrictions, the Russian leader also noted that Russia has the opportunity to become a crypto mining destination….

Breaking ! Nigeria Govt Lifts Twitter Ban After 214 Days.

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Nigeria has lifted the arbitrary suspension it placed on Twitter operations in the country, effective from 12 am, January 13, 2022. The announcement was contained in a press statement on Wednesday signed by the Director-General of the National Information Technology…

Don’t Ban Crypto: Nigerian Minister.

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The minister of Budget and National in Nigerian has made call for regulation of cryptocurrencies instead of the CBN clamp down stating that a healthy crypto space is filled with opportunities for the country. The minister made the call as…

CBN Agents May Be Trading on Popular P2P Platforms To Trap Crypto Traders, Sources Allege.

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As CBN clamp down on cryptocurrency traders intensifies, feelers emerging from the apex bank has alleged that the bank plants spurious P2P agents on popular crypto trading apps to trap unsuspecting users. The modus operandi of this CBN agent the…

Again, CBN Closes Accounts of Nigeria Crypto/Blockchain Company Cryset, 7 Others Over Crypto Trading.

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The Central Bank of Nigeria, on Thursday placed a no debit order on eight business accounts in a circular sent to all Nigerian Banks. The post no debit instruction order contained in the circular was placed on eight accounts for…

Crypto Exchange Coinzo Shuts Down.

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Leading crypto exchange Coinzo announced on Monday it’s ending trading operations. The platform called on customers to withdraw their assets in Turkish lira and cryptocurrency without providing any particular reason for its decision to exit the market. In a notice published on…

Nigeria Twitter Ban To Be Lifted If…

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Nigeria’s president, Muhammad Buhari in his Independence Day speech today to mark Nigeria 61st Independence Day, gave conditions for lifting the ban placed on the social micro blogging platform Twitter, by his administration. Buhari said a Presidential Committee which was constituted…

China Ban on Crypto Is Not New.

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China’s central bank on Friday said all financial transactions involving cryptocurrencies are illegal, making it the umpteenth time the communist nation is cracking down on crypto related spaces. The crypto crackdown, industry watchers claim is avenue China is using to…