Tags : country

Bitcoin

Currency devaluation in Nigeria is driving a crypto boom in

Data from analytics firm Chainalysis shows that in May, Nigerians received a marked increase in crypto compared to last December. Observers say this is partly due to the central bank’s recent currency devaluation, which weakened the naira to its lowest ever level against the dollar. The resulting boom in crypto activity lends support to the […]Read More

Bitcoin

Crypto community reacts to El Salvador becoming first country to

The decision was announced by the country’s President, Nayib Bukele, while speaking during a video broadcast at the Bitcoin 2021 conference held in Miami. “Next week, I will send to Congress a bill that will make Bitcoin a legal tender,” he was quoted saying. The President also revealed that the country had entered a partnership […]Read More

Regulation

Korean minister says all 200 crypto exchanges in the country

Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun. He added officials were further planning to impose taxes […]Read More