Crypto experts in Thailand worry about new rules for opening accounts at crypto exchanges
Charles AbuedeMay 4, 2021
Country’s regulators gearing up to tighten new rules on account opening Charles Abuede Come July 2021, crypto exchanges in Thailand will be required to use a dip-chip machine for identity verification as the country’s financial watchdogs are warming up for the introduction of new policies which will see these exchanges very users’ identity in person. […]
CBN, SEC, working on regulatory guideline for cryptocurrency trading
Arakunle KayodeApril 16, 2021
Arakunle Kayode The Securities and Exchange Commission (SEC) has revealed that it is working to better understand and control the cryptocurrency market in Nigeria in partnership with the Central Bank of Nigeria (CBN). This comes after the CBN had banned all financial institutions and deposit money banks from permitting account holders to engage in any […]
Bitcoin reaches another high of $63,000 ahead of planned Coinbase IPO for Wednesday
Charles AbuedeApril 13, 2021
Crypto analysts project the currency to hit $80,000 by Q2 as Bloomberg says coin could reach $400,000 by 2022 Charles Abuede Ahead of the scheduled initial public offering of Coinbase, Bitcoin which is the most valued and traded cryptocurrency has recorded a new high of $63,158 per Bitcoin with the digital currency lurching […]
Is Zugacoin Nigeria’s chance to play big in the crypto world?
Wale AmeenMarch 22, 2021
Wale Ameen The emergency of cryptocurrency with the flagship coin, bitcoin has been nothing short of phenomenal since it was first announced in 2009. It has been embraced by the more daring and adventurous lot of people but viewed with suspicion by many others who either do not understand how it works or just simply […]
How I became a crypto millionaire!!!
Businessam StaffAugust 6, 2018
My name is Simon Watango and I am an African Prince and one of the lucky few that bought Bitcoin at $0.10 dollars in 2010, today that $100 investment its worth more than $5 million that’s over 1 billion Naira. For the price of $150 dollars a month I will show you how to buy […]
Cryptocurrencies to assume same status as foreign currencies in Russia
Adesola AfolabiJune 7, 2018
Alexei Moiseev, Russia’s deputy minister of finances (Minfin) has said the possibility of installing an exchange on the nation’s currency, ruble, against cryptocurrencies is not being ruled out. According to him, in such a case, cryptocurrencies will have the same status as foreign currencies and would be allowed to be changed to the ruble in […]
First African-focused cryptocurrency set for launch this year
Businessam StaffApril 9, 2018
Trapeace Holdings, South African company is currently developing first-ever African-focused cryptocurrency, Africa Master Coin, which will be designed with a focus on the continent’s interests. The cryptocurrency set to be launched later this year, according to IOL, will aim to rival established players such as Bitcoin, but will be exclusively used within the continent for […]
Mandela’s golden hands goes for $10m, in bitcoin
Businessam StaffMarch 31, 2018
After more than a decade, a businessman in Canada has finally found a buyer for his prized collection of gold castings of former South African president Nelson Mandela’s hand. The final price? Ten million dollars – in bitcoin. Attempts by Malcolm Duncan, formerly of South Africa, to sell the hands back in 2007 were scuppered […]
Regulation, apathy hit bitcoin market
Businessam StaffMarch 30, 2018
Wild fluctuations in the bitcoin market have once again sparked debate among investors who believe it is merely undergoing a “correction” and those who see it as a costly fad. After a buying fever at the end of 2017 that sent the price of a token to nearly $20,000 and a spectacular fall at the […]
Bitcoin fall continues amid concern of ‘death cross’ sell-off
Businessam StaffMarch 30, 2018
Bitcoin and other virtual currencies declined Friday amid increased concern of a “death cross,” in a thinly traded holiday. Bitcoin was trading at $6,945.00, dipping 7.83% as of 10:56 GMT the Bitfinex exchange, not far from its overnight low of $6,692.20 The decline in Bitcoin was driven by talk of a so-called “death cross,” which […]