Tag: Okays

Nigeria’s Central Bank Okays Peer-to-Peer Bitcoin Trading 

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The Central Bank of Nigeria (CBN) has clarified its stance towards bitcoin (BTC) and other cryptocurrencies, making it clear that crypto traders in the country are free to carry out their operations on a peer-to-peer basis, as its ban did not outlaw the use of cryptos, but it’s rather an effort to protect lenders under its purview, according to a report by local news publication Today Ng, on March 20, 2021. The CBN Sheds More Light on Crypto Ban  In a somewhat positive development for Nigeria’s fledgling cryptocurrency industry, the…

Bitcoin Hits $24,000 In Iran After Government Okays Mining

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The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Also Read: Iran Officially Recognizes Cryptocurrency Mining Falling Rial, New Policy Spur Iran Bitcoin Bull Market The price of BTC in Iran rose sharply on Wednesday after the government of President Hassan Rouhani approved plans to mainstream bitcoin mining – and as the local currency nosedived.…