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

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IMF Calls For Global Guide Towards Regulating and Adoption Cryptocurrency

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The International Monetary Fund (IMF) has outlined its proposal for establishing a global regulatory framework for crypto,IMF called for a “comprehensive, consistent and coordinated” approach in order to harness the benefits of crypto’s underlying technology while mitigating some of its…

Nigeria Records Highest Crypto Adoption Rate Despite Clampdown.

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According to the latest Finder Cryptocurrency Adoption Index, in November 2021, Nigeria had the highest rate of cryptocurrency ownership globally, at 24.2%. In addition to finding the West African nation as the country with the highest proportion of citizens that…

Cryptocurrency Market Capitalisation Blows Over $3 Trillion. Bitcoin, Ethereum Reaches New All Time Highs.

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The overall market cap of cryptocurrencies hit $3.3 trillion on Tuesday. The market for cryptocurrencies has roughly quadrupled from its 2020 year-end value. The cryptocurrency market is now worth more than $3 trillion. The little more than a decade old…

Nigeria Is Number One As Africa Leads in Bitcoin Retail Payments Adoptions.

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African crypto market has witnessed growth in the adoption of cryptocurrencies in retail transactions. The retail-sized transfers are the highest in the world with an overall transaction volume of 7%, considerably higher than the global average of 5.5%. Although Africa is…

Is Bitcoin ETF (BITO) The New Investor’s Delight ?

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The US Security and Exchange Commission SEC approved the new bitcoin ETF on Friday. It started trading today under the ticker BITO.   Whatever your belif is on bitcoin  surviving government regulation, the introduction of an ETF that tracks bitcoin futures, creates…

Crypto Has Value: Putin, Russian President Says.

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Russian President Vladimir Putin thinks cryptocurrencies have value — but he’s not convinced they can replace the U.S. dollar in settling oil trades. Asked whether bitcoin or another cryptocurrency could be used as an alternative to the dollar in trading oil —…

Serie A’s SS Lazio SPA Main Jersey Sponsor is Binance. In Over €30 Million Deal.

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Latest in the series of Binance massive marketing campaign in Crypto ecosystem is the adoption of Binance branded jersey by top tier Italian first football club Società Sportivo Lazio- SS Lazio. The sponsorship is part of Binance foray into sports…