Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’

Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is 'in the Best Interests of Nigerians'The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians.” Crypto Not Money Immediately following the announcement of the […]

Berkshire Hathaway’s Charlie Munger Advises Investors to Never Buy Bitcoin or Gold

Berkshire Hathaway’s Charlie Munger Advises Investors to Never Buy Bitcoin or GoldBerkshire Hathaway’s vice chairman and Warren Buffett’s long-time business partner, Charlie Munger, has advised investors not to buy bitcoin or gold. He believes the cryptocurrency is too volatile to serve well as a medium of exchange. Munger also says he doesn’t know which is worse between Elon Musk’s Tesla reaching $1 trillion in market cap […]

Simplex and Skrill Broaden Cryptocurrency Convenience by Launching New Onramp Solutions

As enthusiasm for cryptocurrency mounts amid strong demand from retail and institutional investors, financial service providers Simplex and Skrill are building more inroads into the ecosystem, focusing on improving transactability and convenience. The digital payment services continue to expand the accessibility of the cryptocurrency landscape by backing direct token withdrawals and support for in-browser wallets. […]