Places Nigeria

Aside Nigeria, several other countries like Germany and Singapore are also considering assets tokenizations.

In 2021, the central bank of Nigeria ordered banks to stop facilitating cryptocurrency transactions and close all crypto-related accounts.

The Nigerian central bank had doubled down on cash restrictions, triggering chaos in the country.

The central bank's move to invalidate current notes and the subsequent cash withdrawal restrictions have increased demand for Bitcoin.

The Central Bank of Nigeria said it would work with relevant authorities to develop a regulatory framework for the implementation of stablecoin and initial coin offerings. 

The E-Naira has been live for 14 months and the Nigerian government is continuing to struggle with adoption despite the population's favorable stance toward crypto.

The investments and securities amendment bill which passed the second hearing will allow the Nigerian Securities and Exchange Commission (SEC) to recognize cryptocurrency as capital for investment.

Paxful CEO Ray Youssef shares his views on helping those who need it by fixing the broken money system.

Stripe fires over 1,100 of its employees due to financial troubles, Andre Cronje's tweet spikes Fantom by 24% in a day, and much more in this edition of CryptoSlate Wrapped Daily.

Uptake of the eNaira Central Bank Digital Currency has been woefully low, leading to congratulations from dissenters.

Over 270,000 users actively used the Nigeria's eNaira CBDC since its launch and have completed transactions worth $10 million.

Nigeria's dual exchange rate system becomes triple with the emergence of the crypto exchange rate of Naira, as Nigerians turn to crypto due to low confidence in Naira.

Nigeria's low-cost digital currency e-Naira is having gaining traction as banks are reluctant to promote it due to concerns that it will impact their revenue.

The project seeks to enable the international commercialization of all IP forms created and registered within Nigeria.

Looty aims to find all looted African artwork and recreate it digitally in the form of 3D NFTs.

Nigerians have cumulatively transacted around $400 million worth of transactions among themselves.

Binance has frozen the account of several of its users in Nigeria without giving them a tangible reason.

IMF has revealed that Nigeria’s eNaira project is drawing interest from around the globe though it could still face some challenges.