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Nigeria Crypto Market Records 1,200% Growth In One Year.

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Global blockchain data analyst, Chainalysis on Tuesday reports that cryptocurrency market in Nigeria and other African countries have grown by 1200 per cent in one year. According to the report, the African region has one of the highest grassroots adoptions…

Nigeria Digital Currency, eNaira Safer Than Privately Issued Cryptocurrencies : CBN

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Central Bank of Nigeria deputy governor, Folashodun Shonubi has claimed that the country’s upcoming central bank digital currency (CBDC) will be a “safer option from privately issued cryptocurrency.” He made the assertion at a virtual event organized by the Chartered…

Bitcoin Becomes Legal Tender In El Salvador.

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World First National Adoption. El Salvador today, Tuesday 7th of September, 2021, becomes the first country in the world to accept bitcoin as legal tender, despite widespread domestic skepticism and international warnings of risks for consumers. President Nayib Bukele’s government…

Cuba Is Th Newest Country To Authorise And Regulate The Use Of Cryptocurrencies.

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Cuba’s government said on Thursday it will recognise and regulate cryptocurrencies for payments on the Carribean island. A resolution published in the Official Gazette said the country’s Central Bank will set rules for such currencies and determine how to license…

Bitcoin Rises 5%, Surges To $50,000.

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Bitcoin rose 5.01 % to $49,106.4 on Friday, adding $2,342.1 to its previous close. Cryptocurrencies are ending the week on a strong note as bitcoin broke above $49,000 for the first time since May. The world’s largest cryptocurrency is up about 5%…