February 8, 2025
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Empowering Nigerians with Seamless Cryptocurrency Trading: The TransferXO Revolution

In the vibrant heart of Nigeria, a dedicated group of visionary entrepreneurs has united under a common mission – to empower Nigerians to engage in cryptocurrency trading seamlessly, all while nurturing trust and innovation. This collective effort has given birth to TransferXO, a name now synonymous with transparency, innovation, and the future of cryptocurrency
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Cryptocurrency: UK planning to create its own coin

As governments across the world continue to study the essence and rise of bitcoin and other cryptocurrencies, the latest country to decide on creating its own digital coin is the United Kingdom. The new British cryptocurrency will be funded by the government and used by individuals and companies to transact, but the UK government has […]
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What is the future of cryptocurrency in Nigeria?

We already know the drastic boom that cryptocurrency has brought to Nigeria in the last few years. The country is gradually growing digital by reducing the use of traditional money for day-day transactions. From the time when Nigerians once used to struggle with daily wages to today when they own whopping assets in the country.  […]
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3 Smart Ways to Trade Cryptocurrency

The Internet has made it much easier to make money. The best and most reliable source of income nowadays on the Internet is the cryptocurrency trade. Cryptocurrency is a digital currency which you can use to trade to pay for online services, goods, and even earning profits. However, you need the right skills and knowledge […]
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Why Nigeria banned cryptocurrency?

Cryptocurrency has played an enormous role in Africa, especially Nigeria in balancing its financial and economic conditions. In Africa, Nigeria is the second biggest market to hit millions of trading with bitcoin. However, due to some problems, the Central Bank of Nigeria banned all cryptocurrency trade.  On February 5, 2020, The Central Bank of Nigeria […]
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Cryptocurrency: VP Osinbajo calls for regulation

Vice President Yemi Osinbajo says rather than adopt a policy that prohibits cryptocurrency operations in the country, “we must act with knowledge and not fear” and develop a robust regulatory regime that is thoughtful and knowledge-based. Osinbajo stated this in a keynote address delivered virtually at a one-day economic summit organized by the Central Bank […]
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Understanding Cryptocurrencies and Digital Payments

Cryptocurrency is a type of payment that can be exchanged digitally for goods. Several companies have recently launched their currencies, also known as coins, which can be traded directly for the company’s goods or services. There are over 6,700 different digital currencies that are publicly traded. On January 27, 2021, the total volume of all […]
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How Bitcoin Differs From Other Conventional Currencies?

Bitcoin is a form of cryptocurrency that was created to allow a single transaction to be mined in under 10 minutes. Digital currency is encrypted, which means it employs a special encoding that allows for the monitoring of coin production and transfer confirmation. Another difference between virtual currency and conventional financial institutions is that traditional […]
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Cryptocurrency: Senate invites CBN Gov, DG SEC to explain opportunities, threat to economy

Tunde Opalana and Kamarudeen Ogundele, Abuja The Senate on Thursday summoned the Governor of the Central Bank of Nigeria (CBN), Dr Godwin Emefiele and Director General of Securities and Exchange Commission (SEC), Lamido Yuguda, over the ban on cryptocurrency. The CBN while explaining why it banned cryptocurrency-related transactions in the country, had claimed the digital