Bitcoin
Experts are calling for the SEC and CBN to give clearer directives on cryptocurrencies in Nigeria. With more comprehensive regulation created by authorities in the nation, the adoption of cryptocurrency in Africa’s biggest economy could increase even more. Regulating Cryptocurrencies in Nigeria According to former Secretary General, Independence Shareholders
Africa
While institutions and financial players globally are working on digital currency initiatives and expanding services to cryptocurrency startups; Nigerian banks have maintained a rigid stance with regards to cryptocurrency, and seem very uninterested in learning or partnering with Bitcoin or crypto-related exchanges. This current unfriendly relationship could be first attributed
Bitcoin
Jack Dorsey, prominent tech CEO and Bitcoin advocate believes that the future of Twitter will be shaped by Bitcoin and its underlying technology. He recently spoke on the future of Twitter and blockchain at a virtual conference on September 25. Bitcoin Technology for Social Media Platforms According to Dorsey, "
Bitcoin
New data by ChartBTC indicates that there are only 2.5 million BTC left to mine on the Bitcoin network. Half of the BTC is to be mined over the next four years, further pushing up prices of the apex cryptocurrency. Bitcoin Network Supply Over the Coming Years According to
Africa
The Bitcoin ATM industry reached a milestone as the number of machines installed globally surpassed 10,000. This feat comes seven (7) years after the first ever Bitcoin (BTC) ATM was installed. At this time, there are now a total of 10,162 machines spread across 71 countries. Giving a
Bitcoin
What is said to be “the largest artwork” in the history of Bitcoin is to be sold by art historian turned blockchain artist, Robert Alice. Alice’s “Portrait of a Mind” is a series of 40 paintings with a length of over 50 meters. Non-Fungible Token Takes its Place in
Bitcoin
The European Union (EU) will introduce a new set of rules within the next four years to promote quicker and cheaper cross-border payments through the use of blockchain technology and cryptocurrency. This development was revealed in two (2) documents by the European Commission where it sets out its strategy to
Education & News
The Non-fungible token market continues to grow at strikingly high rates as a Bitcoin-influenced digital artwork sells for a record 262 ether ($101,100). The digital artwork has many unique features, including changing with the price of Bitcoin. Bitcoin Art Sells for $101,000 Each day, a new composition for
Bitcoin
A prominent trader, Willy Woo, hints that Twitter CEO, Jack Dorsey might want to convert $10 billion in cash from his companies to Bitcoin. He explains that the conversion may help to prevent the money from losing value. Could Twitter CEO Convert Company Cash to Bitcoin? Woo made comments on
Bitcoin
According to an official announcement, Kraken - a United States based cryptocurrency exchange has obtained SPDI approval to create America's first crypto bank set to serve clients from 49 states. Reports say Kraken received a unanimous vote by the Banking Board of Wyoming - a U.S. state
Africa
Nigeria's Securities and Exchange Commission (SEC) in a landmark announcement has officially recognized crypto and digital currency as "securities" under its regulatory authority; as it proposes a new set of rules for crypto-related investments. According to a Sep. 14 statement by SEC Nigeria, the capital market
Education & News
On Wednesday, Mastercard announced the launch of its “proprietary virtual testing environment” for central banks to test digital currencies. The platform promises to assist central banks in evaluating use cases of their central bank digital currencies (CBDC). Mastercard Develops Digital Currency Ecosystem Each central bank will be able to customize