Cryptocurrencies

March 17, (THEWILL) — Nigeria recorded approximately $96 billion in cryptocurrency and other virtual asset transactions, underscoring the rapid growth of digital finance in the country, according to the Securities and Exchange Commission of Nigeria (SEC). Director-General of the Commission,...

September 08, (THEWILL) - Founder of the collapsed Turkish crypto exchange Thodex, Faruk Fatih Ozer, his sister, Serap Ozer and his brother, Guven Ozer, have been sentenced to 11,196 years, 10 months and 15 days in prison. According to State...

June 22, (THEWILL) – Cryptocurrency prices dropped early Wednesday, with Bitcoin, Ethereum and Dogecoin, all lower around 4 a.m. ET. Bitcoin was trading at approximately $20,065 (-3.18%), or down nearly $660. For the week, Bitcoin was trading down nearly...

BEVERLY HILLS, February 26, (THEWILL) - Vice President Yemi Osinbajo has told the Central Bank of Nigeria (CBN) that cryptocurrencies should be regulated and not prohibited. The CBN had, in a circular on February 5, ordered all deposit...

BEVERLY HILLS, February 07, (THEWILL) - The Central Bank of Nigeria, CBN has reacted to the comments, doubts and criticisms that trailed its recent regulatory directive to Deposit Money Banks, DMBS, to desists from transacting in and with entities...

BEVERLY HILLS, February 05, (THEWILL) - The Central Bank of Nigeria (CBN) has, again, warned against any dealings in cryptocurrencies declaring such transactions as prohibited. This is coming on the heels of similar policy action by the Indian government banning...