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Nigeria cryptocurrency ban

Godwin Emefiele
6 Apr
The Central Bank of Nigeria (CBN) has fined three banks for failing to comply with the directive to block customers from transacting in cryptocurrencies, Bloomberg reported on Wednesday. All three Nigerian banks that violated the CBN's regulation were fined a combined ₦800 million for non-compliance. CBN told banks in a February 2021 circular to close…
Jack Dorsey
16 Dec 2021
Twitter co-founder Jack Dorsey has appointed three Nigerians to the board of the Bitcoin (BTrust) trust fund. Dorsey, who resigned as Twitter CEO in late November, formed the Bitcoin trust fund in partnership with American hip-hop star Jay Z. "I'm so grateful for you all and so inspired," Dorsey tweeted on Wednesday while announcing the…

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