Nigerian Lenders Frustrating CBDC’s Adoption — Central Bank Governor

Apathetic Nigerian lenders are frustrating the e-nairas adoption because they are worried this could deprive them of a key revenue source, Godwin Emefiele, the Central Bank of Nigeria (CBN) governor, has said. Emefiele said the central bank is working on a......

Electricity Consumption Spikes in Irkutsk as More Russians Start Mining Cryptocurrency

Electricity suppliers in the Russian region of Irkutsk have registered a surge in power consumption in residential areas which they are blaming on cryptocurrency mining. Planes with mining equipment from restricted China continue to land in the region, and cases of......

Crypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement

Cryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained thatapproximately 38% of these cases [are] restricted at the request of international law enforcement.” 281 Nigerian Accounts Restricted by Binance, CEO......

Uporabniki iz Nigerije sporočajo Binance 'Stop Scamming' — platforma Exchange zavrača obtožbe

Some disgruntled Nigerian users of the cryptocurrency exchange Binance have launched a campaign to boycott the platform, which they accuse of freezing client accounts without valid reason. Accounts Blocked Cryptocurrency exchange platform Binance recently became the target of a boycott campaign......

Nigerijska agencija zavrnila prijavo za zagon verige blokov – pravi, da vlada ne priznava tehnologije

Nigerias company registration agency, the Corporate Affairs Commission (CAC), reportedly rejected an application for registration by a start-up on the basis that blockchain is yet to be recognized by the Nigerian government. Decision Disappoints Blockchain Community According to a report, the......