Fact check: Bitcoin is NOT trading at a 60% premium in Nigeria
A narrative has been doing the rounds that bitcoin is trading at a significant premium in Nigeria. A deeper look at how FX works in Nigeria reveals flaws in the bitcoin premium story.
Mariblock Staff
Nigeria's first active Bitcoin Lightning node launches in Lagos
The new node, dubbed NigeriaFreeRouting, improves the accessibility of payments via the Lightning Network for bitcoin users in Nigeria.
Kenyan financial regulators are considering developing crypto rules
Five financial sector regulators, including the country's central bank and capital markets regulator, will set up a working group to develop crypto regulations.
Nigerian legislators considering bill to recognize bitcoin and other cryptocurrencies
The bill, if passed, will define the role of various local regulators. But questions are being asked of why industry participants have not been consulted
Bitcoin-powered remittances from Europe to African bank accounts are now possible
African cryptocurrency company Bitnob has partnered with European exchange CoinCorner to facilitate remittances over the Lightning Network.
The Nigerian government is unwittingly driving crypto adoption
Nigeria's apex bank recently limited cash withdrawals in a display of excessive force. It leaves citizens at the mercy of banks to access their money.
We changed our name
Meet Mariblock, formerly known as Crypto Africa