The most widely read newspaper in Nigeria
The report added that numerous companies raised $100m+ funding rounds in the first half of the year, including BlockFi , Paxos , Blockchain.com , and Bitso .
According to the report, China is leading the Central Bank Digital Currency drive with its testing of said digital currency . In the first half of 2021, China expanded its pilot project to include salary payments for some workers in China’s Xiong’an New Area, the payment of subway fares, and the exchange of digital and physical currencies at two banks in Beijing.
The report added, “Cryptocurrencies continued to be a critical focus for some regulators, with widespread differences between jurisdictions as to acceptance and use. “During H1’21, China banned financial institutions and payments companies from providing cryptocurrency-related services, while El Salvador announced that Bitcoin would become legal tender in the country as of September 7, 2021.”
According to a report by Crypto.com, the number of global crypto users reached 221 million in June 2021, more than doubling the 2020 number.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Top signings to watch out for in Premier League 2021-22 season - Punch NewspapersThe most widely read newspaper in Nigeria
Read more »
11 Nigerians to watch out for in 2021/22 EPL seasonWith AFCON just a few months away, Nigerian stars need to put their best feet forward
Read more »
EPL: 5 new things to look out for in the 2021/22 seasonThe 2021/22 EPL season kicks off on Friday with adjustments to VAR.
Read more »
Anambra 2021: Ex-APGA chairman urges INEC to publish Soludo’s name as party’s candidateCourt of Appeal, Kano ruled that Charles Soludo is APGA’s candidate for the November 6 governorship election in Anambra.
Read more »
2021/2022 Premier League season: A previewOn Friday, August 13, the English Premier League will return with its latest instalment. It all begins in London, as newly-promoted Brentford welcome
Read more »
MTV VMA 2021: Wizkid's 'Brown Skin Girl' bags two nominations'Brown Skin Girl' by Beyoncé, Blue Ivy, SAINt JHN, and Nigeria's Wizkid has bagged two nominations in the 2021 MTV Video Music Awards.
Read more »