Nigeria's central bank reportedly freezes crypto traders' accounts

"The Central Bank of Nigeria's deputy governor claims the upcoming CBDC will be a "safer option than privately issued cryptocurrencies."

The statement from the People’s Bank of China also stated that it would act to prevent major financial risks while reducing the number of high-risk financial institutions in key provinces. The bank is also looking at working on creating a _...Read More_

>"While the future of money shouldn’t be “left entirely to central bankers,” Ravi Menon warns not to discount the _...Read More_

>"The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments."

>"Brazil’s central bank, the Banco Central do Brasil (BCB), is pushing for more time to roll out its central bank digital currency (CBDC).  Earlier in May,"

The Central Bank of Nigeria's digital currency will act complementary to naira cash notes. [https://cointelegraph.com/news/nigeria-s-central-bank-plans-cbdc-pilot-launch-before-the-end-of-2021](https://cointelegraph.com/news/nigeria-s-central-bank-plans-cbdc-pilot-launch-before-the-end-of-2021)

Li Bo, deputy governor of the People’s Bank of China, said that the upcoming Winter Olympics could potentially become the first test of China’s central bank digital currency, or CBDC, by foreign users.

The U.S. President impeached, again. Worldwide COVID-19 deaths close in on 2 million. Bitcoin surges to a record high above $42,000, promptly plunges to almost _...Read More_

>"Bitcoin adoption in Nigeria continues to grow amid changing forex policies by the central _...Read More_

crypto markets, and have the potential to increase business-to-business efficiency in the coming years—if they don’t become irrelevant, that is.