Nigeria and Ghana are racing to adopt a central bank digital currency as they look to ride the wave of popularity of cryptocurrencies in West Africa's two largest economies.
The United States imposed sanctions Tuesday on cryptocurrency exchange SUEX for its ties to ransomware attackers, as Washington seeks to crack down on digital crime.
Olympus, a financial education platform, has renewed commitment to bridge the information gap around cryptocurrency transactions in the financial sector.
With offers of loans and interest-earning accounts, more new Cyptocurrency firms are straying into the world of traditional banks, to the consternation of US financial regulators.
In a previous article, I had argued that the proposed digital currency named e-Naira by the Federal government of Nigeria through the Central Bank of Nigeria is not cryptocurrency
The Founder and Coordinator, Blockchain Nigeria User Group (BNUG), Mr. Chimezie Chuta has said the state of crypto is still uncertain as the industry is currently under no regulatory purview of any government agency.
El Salvador's historic adoption of bitcoin as legal tender on Tuesday was beset by teething problems, as an angry protest by mistrustful citizens, technological glitches and a dip in the cryptocurrency clouded the rollout. Bryan Wood reports.
An Instagram post by Kim Kardashian promoting an untested cryptocurrency was flagged in what was probably the "single biggest" financial promotion in history. The US personality, socialite, and businesswoman Kim Kardashian West, who has over 250 million followers on Instagram, earlier this year asked her followers: “Are you guys into crypto????” The post was, however,…
Cryptocurrency advertisements, particularly from social media influencers, should face regulation according to the head of Britain's financial watchdog, who highlighted a recent ad posted by Kim Kardashian.
The US markets watchdog on Wednesday sued an online cryptocurrency lending company and its top executives over allegations of fraudulently raising $2 billion in investments.
Just a while ago, the Federal Government of Nigeria through the Central Bank of Nigeria announced that it would be introducing a local or call it homegrown cryptocurrency.
Porn stars, sex workers and others in adult entertainment were taking a closer look at cryptocurrency payments in the wake of a series of troubles with the mainstream financial system, potentially propelling digital currencies into wider use.