Quidax Offers Free Crypto Banking Post-CBN Ban Lift
Quidax, a leading African crypto exchange, has launched free bank account deposits and withdrawals for its Nigerian users following the Central Bank of Nigeria’s reversal of its crypto ban. The free service, which started on December 22, 2023, will last for 30 days as a seasonal gift to Nigerians. The free banking service by Quidax […]
Nigeria’s Central Bank Lifts Crypto Ban, Issues New Bank Guidelines
The Central Bank of Nigeria has lifted its ban on crypto transactions and issued new guidelines for banks to manage their relationship with crypto service providers. The move follows the global trend of crypto regulation and compliance. The apex bank has changed its position on crypto assets in the country and instructed banks to disregard […]
Yellow Card Exchange to Seek Licensing as Nigeria Lifts Crypto Ban
The Central Bank of Nigeria (CBN) has lifted its ban on cryptocurrency transactions for banks in the country. Pan-African cryptocurrency trading platform Yellow Card Exchange is looking into obtaining a license in the most populous country in Africa, following the Central Bank of Nigeria’s (CBN) decision to lift the restriction on cryptocurrency transactions for banks […]
Gaming Company Wemade Launches $100m Web3 Fund
The $100 million web3 fund has been launched by South Korean video game producer Wemade Co. in association with Whampoa Digital, an investment firm based in Singapore. Together, the two businesses established the Wemade Web3 Fund, which is devoted to funding blockchain-based gaming initiatives with an emphasis on the Middle East. According to the release, […]