The sandbox will target a wide range of financial service innovations and hopes to improve financial inclusion.
The premium rose after the Central Bank of Nigeria reminded banks they could not provide crypto exchanges with financial services.
Egyptian crypto trading volume and exchange sign-ups increased dramatically this past January, capping off an already high-volume 2020.
Bank of Korea Governor Lee Ju-yeol isn’t bullish on bitcoin, but he sees potential in a central bank digital currency (CBDC), if it’s done right. Speaking at a press conference on Thursday, Lee said that when it comes to a CBDC, it’s better to do it right than do it fast, citing the cautious approach […]
Bitcoin has already passed the $68,000 mark in Nigeria, but that’s if you use the official exchange rate. Awosika Ayodeji, a Nigerian blockchain project designer, isn’t complaining. He is happy to wake up and see bitcoin prices quoted using unofficial U.S. dollar exchange rates because it means he’d be getting more naira per dollar when […]
In Bermuda, you may soon be able to use digital dollars to buy rum. Canadian fintech firm Bidali announced Thursday that, with the support of the Bermuda government, it has launched a pilot to test a digital Bermuda dollar. Under the pilot program, popular local rum company Gosling’s Limited will be accepting digital Bermuda dollars […]
