Auto Added by WPeMatico

Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective

Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head…

Continue ReadingExpert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective

Nigerian Securities Regulator: Crypto Exchanges Complying With Naira Delisting Directive

The Nigerian Securities Regulator has stated that cryptocurrency exchanges have complied with a directive to remove the local currency from peer-to-peer platforms. The acting director-general of the Nigerian Securities and…

Continue ReadingNigerian Securities Regulator: Crypto Exchanges Complying With Naira Delisting Directive

Nigerian Experts Say Past Central Bank Policies Drove Users to P2P Crypto Platforms

Stakeholders in Nigeria’s cryptocurrency sector argue that the Central Bank of Nigeria’s previous decision to exclude cryptocurrency entities from the banking ecosystem has fueled the growth of peer-to-peer crypto trading.…

Continue ReadingNigerian Experts Say Past Central Bank Policies Drove Users to P2P Crypto Platforms

Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions. According to a report, Nigeria’s Office of the National Security Adviser has classified cryptocurrency trading as…

Continue ReadingNigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern

Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide

Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands…

Continue ReadingCaribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide