CBN, Cryptocurrency and terror financing, by Ken Ugbechie
Central Bank of Nigeria, CBN, at the twilight of 2023 lifted a ban on cryptocurrency third party transactions. Early this year, it followed it up with fresh guidelines to banks…
National Security: Reps move to investigate cryptocurrency, digital asset transactions
March 6, 2024 The House of Representatives has resolved to investigate the national security implications of the current status of Cryptocurrency, block chain, and other digital asset transactions. This followed…
CBN lifts ban on cryptocurrency transactions imposed by EmefieleÂ
The Central Bank of Nigeria (CBN) has lifted the ban it imposed two years ago on cryptocurrency transactions in the Nigerian banking system. The CBN announced the reversal of…
189 crypto accounts linked to terror groups seized since 2021 – Report
Israel has seized 189 cryptocurrency accounts on the Binance exchange site linked to Palestinian and Islamist terror groups since 2021, according to a report Thursday. Most of the crypto wallets…
Ukraine raises $13m in crypto after crowd funding appeal
Feb. 28, 2022 Ukraine’s government on Monday raised cryptocurrency worth almost 13 million dollars in an appeal for fund raising. Data from blockchain analysis firm Elliptic showed that Ukraine posted…
Emefiele scores a Bull’s eye with eNaira
OCTOBER 28, 2021 Central Bank of Nigeria, CBN, Governor, Godwin Emefiele, will go down in history as one of Nigeria’s most innovative CBN governors. Emefiele has introduced several initiatives to…
CBN AND CRYPTOS: DEFENDING THE FINANCIAL SYSTEM AND ECONOMY
BY Arize Nwobu The primary functions of central banks are, formulating and implementing monetary policy, regulating and supervising the banking and financial system, managing foreign reserve and ensuring financial market…
Cryptocurrency: On this, I stand with CBN
Central Bank of Nigeria, CBN, has come under a maelstrom of deprecation for prohibiting cryptocurrency-related transactions in the country. The directive to prohibit all cryptocurrency transactions is not new. It’s…
Cryptocurrency: CBN and national security
By Jackson Ugbechie Nigeria’s reserve bank, Central Bank of Nigeria (CBN), has at last taken a decisive position on the 11-year-old digital currency now a subject of dispute around the…