Envisioned with their desires in mind, Evertwine stands tall on four mighty pillars: integrated tokenomics, NFTs, staking and yield farming, backed by cutting-edge protocols. Together, these elements forge a path towards a smoother and more refined user journey, accommodating players of all expertise levels, and embracing both newcomers and seasoned veterans of card game mechanics and blockchain game trading. At Exordium, inclusivity is their guiding principle. They strive to create a fair and vibrant ecosystem where every individual can forge…
Nigeria's Central Bank
Nigerian Minister Pushes For Fairer Cryptocurrency Regulation
The Nigerian central bank remains hostile to anything crypto besides a CBDC. Still, one high-level minister is defending the industry. Clem Agba, minister of state for budget and national planning, is calling for more precise and more welcoming regulation of the space. Like the United States, Nigeria struggles to classify crypto assets using existing financial terms correctly. Fighting For Crypto In Nigeria Minister Agba spoke about regulating the industry at a conference this Thursday, as reported by Bloomberg. He said…
2 years ago 842 views
Nigeria’s Central Bank Bans Banks From Serving Crypto Traders and Exchanges
A few months after news of an upcoming regulatory framework for cryptocurrencies in Nigeria, crypto traders in the country have been faced with shocking news from the Central Bank of Nigeria (CBN). The apex bank has ordered financial institutions in Nigeria to stop offering banking services to crypto exchanges and other related businesses. In a circular issued by the CBN on Friday, February 5th, 2021, the regulator demanded that all Deposit Money Banks(DMBs), Non-Financial Institutions (NBFIs), and Other Financial Institutions…
3 years ago 789 views