Although it is not officially approved, crypto trading is on the rise in Nigeria.

Logos, October 12 (Reuters) – Nigerian artist Ebuka Joseph began using cryptocurrencies when his business shut down last year due to Covid-19. He is now busy even though he is not accepted by the financial authorities. “Crypto allows me to trade freely and in a few minutes we are done,” the 28-year-old told Reuters from … Read more

China’s top regulators ban crypto trading and mining by declining bitcoin

China has stepped up its crackdown on cryptocurrencies. Promises to eradicate “illegal” business, ban mining Bitcoin, small coins have fallen Shanghai / London, September 24, 2011 (FBC) – China’s top regulators on Friday cracked down on crypto and blockchain-related stocks by hitting bitcoin and other major currencies by banning blankets on all crypto transactions and … Read more