The Digital Source For China's Tech Innovation Since 2000

Search
Close

China 2.0 – Nigeria Intensifies Major Cryptocurrency Crackdown After CBDC Launch

November 12, 2021
Source: zycrypto.com zycrypto.com
News Snapshot:
- Nigeria’s central bank has frozen the accounts of two cryptocurrency traders and an entity. - In furtherance of the Central Bank’s policy, a local bank has unveiled guidelines to stifle the activities of crypto investors. - The country launched its CBDC, eNaira at the end of October following a series of delays. Cryptocurrency traders in Nigeria are in panic following the apex bank’s renewed efforts at a crackdown. The intensity of the crackdown has been likened to China’s methods that took place over the summer . The Freeze The Central Bank of Nigeria has reportedly frozen the accounts of...
Go To Original Source →
Tags: ban | bank | banking | bitcoin | blockchain | boycott | CBN | China | crackdown | crypto | cryptocurrency | currency | finance | financial | fintech | government | inflation | IT | law | LINE | Nigeria | P2P | platform | report | Terrorism

Other Related News:

Vancouver civic election cost $4.4 million

March 31, 2023

US and allies agree initiative to restrict proliferation of commercial spyware

March 31, 2023

What Roku’s job cuts could mean for potential restructuring, M&A potential

March 31, 2023

Politics Briefing: PM says ‘there will have to be changes’ as a result of the Nova Scotia mass shooting inquiry report

March 31, 2023

Crypto market cap unaffected on the week amid more US lawsuits

March 31, 2023

Sam Bankman-Fried Pleads Not Guilty to Additional Set of Charges

March 31, 2023

Crypto entrepreneur Sam Bankman-Fried enters not-guilty pleas to latest charges

March 31, 2023

Kamala Harris announces Tanzania trade boost during Africa tour

March 31, 2023

Influencers take stock of life and dreams if U.S. bans TikTok

March 31, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter