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Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities

Central Bank of Nigeria Bans Cryptocurrency Transactions, Says Crypto Breeds Illegal Activities

The Central Bank of Nigeria (CBN) has once again doubled down on its efforts to ban cryptocurrency transactions stating they are a breeding ground for illegal activities.

Bakkt Partners with Starbucks to Test Consumer App and Merchant Portal

Bakkt Partners with Starbucks to Test Consumer App and Merchant Portal

Mike Blandina, Chief Product Officer, Bakkt, revealed that the company's current interest lies in developing the consumer app and merchant portal and as well as testing with their first launch partner, Starbucks.

Jamaica to Launch Central Bank Digital Currency in 2022

Jamaica to Launch Central Bank Digital Currency in 2022

Jamaica’s Minister of Finance Nigel Clarke has announced that the country intends to launch its central bank digital currency (CBDC) in 2022.

The Bahamas Becomes First Country to Launch its CBDC, the ‘Sand Dollar’

The Bahamas Becomes First Country to Launch its CBDC, the ‘Sand Dollar’

The Bahamas has launched the Sand Dollar, making it the first country in the world to officially release a central bank digital currency (CBDC) beyond the testing phase.

Binance Enables Support for Naira, But is Cryptocurrency Legal in Yet in Nigeria?

Binance Enables Support for Naira, But is Cryptocurrency Legal in Yet in Nigeria?

Binance, one of the top cryptocurrency exchange has opened support for the Nigerian National currency (Naira) on its trading platform.

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Dubai International Financial Centre (DIFC) and Mashreq Bank announced the launch of the region’s first blockchain data-sharing platform which went live on March 1.

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations

The Nigeria Securities and Exchange Commission has announced a proposed crypto regulation guideline.

Tertiary institution Signs MOU with Cryptography Development Initiative in Nigeria

Tertiary institution Signs MOU with Cryptography Development Initiative in Nigeria

As the rest of Africa makes an effort to secure a position of relevance in the blockchain space, Nigeria based Nile university has gone into partnership with Cryptography Development Initiative in Nigeria

Ripple-Backed BBVA Bank to Launch Cryptocurrency Trading in 2021

Ripple-Backed BBVA Bank to Launch Cryptocurrency Trading in 2021

BBVA, Spain’s second-largest bank, announced its plans to introduce cryptocurrency trading and custodial services in early 2021.

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Bank of Thailand Completes Digital Bond Issuance With Blockchain

Thailand’s apex bank, the Bank of Thailand has leveraged the power of blockchain technology to launch a platform for government bond savings issuance

The National Bank of Cambodia Looking to Launch New Centralized CBDC This Quarter

The National Bank of Cambodia Looking to Launch New Centralized CBDC This Quarter

The National Bank of Cambodia digital currency, which is a central bank digital currency, called Bakong, was launched on a trial basis in Cambodia in July 2019.

Cardano Partners With COTI To Enable Merchant Transactions via ADA Payment Gateway

Cardano Partners With COTI To Enable Merchant Transactions via ADA Payment Gateway

Cardano, an independent body, based in Zug, Switzerland just partnered with COTI, an enterprise-grade fintech platform, to create an ADA payment solution for merchants.

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