CBN Refutes Claims on a Circluar Claiming to Apprehend P2P Merchants in Nigeria.
DiutoCoinNews
by Tony Chimdiuto
1d ago
In a recent tweet from the Central Bank of Nigeria, the country’s top financial institution has debunked the recent circular claiming to lawfully apprehend P2P Crypto merchants in the country.  CBN reiterates that the information spreading is FAKE and does not originate from the Central Bank of Nigeria.  Read Also: CBN Deletes Tweet Debunking a […] The post CBN Refutes Claims on a Circluar Claiming to Apprehend P2P Merchants in Nigeria. first appeared on DiutoCoinNews ..read more
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CBN Deletes Tweet Debunking a Circular Claiming to Prohibit Banks From Facilitating Payment for Crypto Exchanges
DiutoCoinNews
by Tony Chimdiuto
1d ago
The Central Bank of Nigeria has debunked a circular currently circulating about its institution prohibiting Deposit Money Banks, Non-Bank Financial Institutions, Other institutions, and members of the public on the risk associated with transactions in crypto currency.  The fake circular claimed that CBN has tasked and authorised banks to identify account owners engaging in crypto […] The post CBN Deletes Tweet Debunking a Circular Claiming to Prohibit Banks From Facilitating Payment for Crypto Exchanges first appeared on DiutoCoinNews ..read more
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Tip on X (Formerly Twitter) and Farcaster Using Crypto; Powered by Ham and TN100x
DiutoCoinNews
by Tony Chimdiuto
1d ago
Tipping on Twitter is now possible with Floaties powered by Ham And TN100x.  It all started with tipping HAM on Farcaster through Warpcast using the Ham Emoji. This has evolved to tipping other numerous memes coins on Farcaster and Twitter using floaties.  In a bid to onboard millions on chain, TN100x powered Ham Project on […] The post Tip on X (Formerly Twitter) and Farcaster Using Crypto; Powered by Ham and TN100x first appeared on DiutoCoinNews ..read more
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March Madness: Bitcoin, Ethereum, and Solana Clash in the Crypto Arena
DiutoCoinNews
by Tony Chimdiuto
1w ago
March 2024 proved to be a month of dynamic shifts and intense market activity in the cryptocurrency sphere. As Bitcoin prepared for its impending halving event, Ethereum celebrated the successful implementation of its Dencun upgrade, while Solana surged forward amidst a frenzy of meme coin trading. Let’s delve into the key highlights of March and […] The post March Madness: Bitcoin, Ethereum, and Solana Clash in the Crypto Arena first appeared on DiutoCoinNews ..read more
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Binance Reportedly Assisted Nigerian Law Enforcement Agencies with Over 600 Information Requests in the Last Four Years
DiutoCoinNews
by Nsikanabasi Edet
3w ago
Binance also reportedly educated members of the Nigerian financial crime commision on how to combat financial crimes that involve digital assets Binance has revealed that it has continuously partnered with Nigerian authorities to bring about responsible growth of crypto in Nigeria. In a bid to achieve this, they revealed in their report that they have […] The post Binance Reportedly Assisted Nigerian Law Enforcement Agencies with Over 600 Information Requests in the Last Four Years first appeared on DiutoCoinNews ..read more
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Coinbase to launch DOGE futures by April, says it has ‘transcended’ meme origins
DiutoCoinNews
by Nsikanabasi Edet
1M ago
Coinbase, the cryptocurrency exchange, has revealed its intentions to introduce futures trading for Dogecoin, Litecoin, and Bitcoin Cash, with a targeted launch date as early as April 1st. Coinbase, a prominent cryptocurrency exchange, views Dogecoin’s enduring popularity as indicative of its evolution beyond its origins as a meme, positioning it as a significant asset in […] The post Coinbase to launch DOGE futures by April, says it has ‘transcended’ meme origins first appeared on DiutoCoinNews ..read more
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Dovish Outlook from FOMC Drives The Cryptocurrency Market Back Up
DiutoCoinNews
by Nsikanabasi Edet
1M ago
Despite the prevailing optimism, worries persist about the possibility of another significant downturn as the halving approaches in just a few days. Following an intense two-day meeting, the FOMC revealed its decision to keep rates unchanged, holding them steady at 5.5%, which marks a 23-year high. After the FOMC’s announcement, the cryptocurrency market collectively exhaled […] The post Dovish Outlook from FOMC Drives The Cryptocurrency Market Back Up first appeared on DiutoCoinNews ..read more
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Binance Receives a Court Order to Deliver Detailed User Data to Nigerian Authorities
DiutoCoinNews
by Nsikanabasi Edet
1M ago
The court order was issued to facilitate the EFCC to uncover the allegations of money laundering and terrorism financing on the Binance platform. A Federal High Court in Nigeria has mandated Binance to furnish comprehensive data regarding all its Nigerian users to the nation’s leading anti-corruption agency, the Economic and Financial Crimes Commission (EFCC). This […] The post Binance Receives a Court Order to Deliver Detailed User Data to Nigerian Authorities first appeared on DiutoCoinNews ..read more
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Nigeria’s SEC Plans to Hike Registration Fees for Cryptocurrency Exchanges
DiutoCoinNews
by Nsikanabasi Edet
1M ago
Nigeria’s Securities and Exchange Commission (SEC) has proposed changes to regulations governing platforms offering cryptocurrency services, including a significant increase in the registration fee for crypto exchanges from 30 million naira ($18,620) to 150 million naira ($93,000). The SEC stated that these proposed amendments aim to provide clarity and integrate feedback from industry stakeholders, particularly […] The post Nigeria’s SEC Plans to Hike Registration Fees for Cryptocurrency Exchanges first appeared on DiutoCoinNews ..read more
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Which Country Made The Most Profit From Crypto Trading In 2023?
DiutoCoinNews
by Nsikanabasi Edet
1M ago
A Chainanalysis report reveals that crypto investors made an estimated profit of $ 37 billion in 2023.  In 2023, the cryptocurrency markets bounced back from the turbulence of 2022, showing signs of improvement in both asset prices and overall market sentiment. According to Chainalysis, investors in the crypto space collectively saw gains amounting to $37.6 […] The post Which Country Made The Most Profit From Crypto Trading In 2023? first appeared on DiutoCoinNews ..read more
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