Nigerian Regulator Warns Against Crypto Transactions Since They’re ‘Not Insured’

An executive at Nigeria’s Deposit Insurance Corporation has warned citizens away from crypto, citing a lack of backing in any “physical commodity” Nigerians have been warned by the Nigeria Deposit Insurance Corporation (NDIC) against the use of cryptocurrencies because the Central Bank of Nigeria (CBN) does not recognize them as legitimate currency, local news outlet […]

Nigerian Regulator Warns Against Crypto Transactions Since They’re ‘Not Insured’ was originally published to: JUST BITCOIN NEWS BLOG

Comments

Post a Comment

Popular posts from this blog

Crypto Markets Slump Again, With Bitcoin Holding Gains

After a short-lived recovery attempt yesterday, the crypto markets have seen another slump today, with Bitcoin being a notable exception. Saturday, Aug. 11: after short-lived recovery attempt yesterday, cryptocurrencies have suffered another slump today. Almost all cryptocurrencies are down by significant percentages, with Bitcoin (BTC) being a notable exception among the top 20 market cap, […] Crypto Markets Slump Again, With Bitcoin Holding Gains is courtesy of: JUST BITCOIN NEWS SERVICE
Read more

FinCEN Director: Agency Receives 1,500 Suspicious Activity Reports on Crypto per Month

The director of the U.S. Financial Crimes Enforcement Network says that the agency has seen a surge in filings of crypto-related Suspicious Activity Reports. Kenneth A. Blanco, director of the U.S. Financial Crimes Enforcement Network (FinCEN), has revealed that the agency has seen a surge in filings of crypto-related Suspicious Activity Reports (SARs). The number […] The following blog post FinCEN Director: Agency Receives 1,500 Suspicious Activity Reports on Crypto per Month was originally published to: https://www.justbitcoinnews.com/
Read more

Satoshi Nakamoto Hunted Internationally, Bounty Grows

#Findsatoshi is the latest effort to galvanize worldwide support in order to, once and for all, find the enigmatic creator of Bitcoin, Satoshi Nakamoto. The group has taken to an international crowdfunding campaign, enlisting world class private detectives from Japan to New York, and everywhere in-between.  Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots […] The following article Satoshi Nakamoto Hunted Internationally, Bounty Grows was originally published on: https://www.justbitcoinnews.com/
Read more