CBN Bans Cryptocurrency In Nigeria

National Bank of Nigeria has taken an action to stop the exchanging of Cryptocurrency in the country. In a roundabout sent by the Director Of Banking Supervision, Bello Hassan to all Deposit Money Banks, Non-Bank Financial Institutions and Other Financial establishment the CBN said there are hazard related with exchanges in digital currency. In the … Read more

Norway Finance Minister Sees Great Interest in Cryptocurrency — Says Bitcoin Could See ‘Breakthroughs’

The finance minister of Norway believes that bitcoin may experience “breakthroughs.” He noted that “There is no doubt that there is great interest in cryptocurrency both in Norway and internationally.” Bitcoin May See Breakthroughs, Says Finance Minister of Norway The finance minister of Norway, Jan Tore Sanner, suggested in an interview last week that “cryptocurrencies … Read more

Iran has enacted a ban on cryptocurrency mining.

According to Bloomberg, Iran has banned cryptocurrency mining following a series of blackouts in major cities. The ban was announced on State TV on Wednesday and it is effective immediately, until September 22. This ban is amidst a growing unease over cryptos energy usage. The ban follows a regional ban placed on Bitcoin by China. Iranian … Read more