The exchange rate between the naira and the US Dollar depreciated by 0.08% to close at N410/$1 on Friday.
JP Morgan Chase has designed an instrument known as the Cryptocurrency Exposure Basket that operates companies, directly and indirectly, related to crypto.
The US has moved against the misuse of cryptocurrencies, warning about an explosion of risk associated with digital markets.
For many, the question is not “If” or "when" Cryptocurrency will become the next form of money, but a simply a question of “How”.
With Trove adding cryptocurrencies to its platforms, expect an increase in the adoption of Bitcoin and other cryptocurrencies.
The extensive creation and unfolding of cryptocurrencies are “absolutely inevitable”, according to the CEO of a British-based bank.
Cryptos, when fully adopted, will have a considerable impact on Nigeria, by increasing the financial inclusion of individuals and companies.
Square said it invested in cryptos because it saw it as a tool for economic enhancement via participation in the future of payment systems.
Twitter's Jack Dorsey on October 8th disclosed it purchased, 4,709 bitcoins at an estimated worth of $50 million.