A number of bank accounts directly linked with crypto trading have reportedly been closed by Nigerian banks. Truetells Nigeria reports that a significant number of Nigerians linked to crypto trading have allegedly had their bank accounts closed by their respective banks. This online news platform understands that the development is in lieu of Nigeria’s…
Senate Has Summoned CBN Governor and DG SEC Over Cryptocurrency Ban in Nigeria. Truetells Nigeria reports that the Senate has mandated its Committees on Banking, Insurance and Other Financial Institutions, ICT and Cybercrimes and Capital Market to invite the Governor of the Central Bank of Nigeria, Godwin Emefiele to brief it on the recent ban…
CBN Along With SEC Has Been Dragged To Court Over Cryptocurrency Prohibition In Nigeria. Truetells Nigeria reports that a civil society organisation identified as the Digital Rights Lawyers Initiative has dragged the Central Bank of Nigeria and Securities and Exchange Commission to court over the recent action of the apex bank that Deposit Money Banks should…
Bitcoin Has Hit Record High Above $43,000. Truetells Nigeria reports that Bitoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency. Bitcoin hit $43,725.51 around 1300 GMT, before cooling slightly to $42,352. The cryptocurrency is up around 50 percent since the start of…
Bitcoin Price has dropped by 11%, new bitcoin exchange rate revealed. TruetellsNigeria reports that Bitcoin (BTC) dropped $1,000 in minutes on Nov. 26 as a long-awaited pullback hit the market at close to $19,500. At around 2:15 UTC, bitcoin (BTC) began to tumble significantly as its value dropped below a previous area of support at around $18,474….
