Download App

iOS & Android

Bitcoin $65,741.07 -0.87%
Ethereum $3,454.13 -3.66%
BNB $595.79 -1.54%
Optimism $1.81 -11.66%
Arbitrum $0.79 -12.62%
Solana $136.82 -7.23%
Polygon $0.55 -10.23%
Cosmos $6.52 -8.30%
Avalanche $26.49 -10.16%

Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy

Nigeria has reportedly approved a national policy to create a blockchain-powered economy. The policy is aimed at promoting the use of blockchain technology to drive innovation, economic growth, and job creation in the country. The policy outlines a number of key objectives, including the creation of a regulatory framework for blockchain and cryptocurrency, the development of blockchain-based applications in various sectors, and the promotion of blockchain education and research. The move is seen as a positive step for the cryptocurrency and blockchain industry in Nigeria, which has been facing regulatory challenges in recent years.

(By Sandali Handagama)

Related News:

Nigerian Government Formally Approves Blockchain Use

Nigeria SEC Will Support Asset-Backed Tokens: Bloomberg

Nigeria’s SEC Considers Allowing Licensed Digital Exchanges To List Asset-Backed Tokens

Nigerian Crypto Foreign Investment Is at a Record Low: Study

Nigerian Digital Currency Transactions up 63% Says Central Bank Boss

Nigeria Blockchain

Comments

All Comments

Recommended for you

Cointime May 25 News Express

1. British media: 61,000 Bitcoins in Qian Zhimin case may belong to British police and Home Office
Cointime's Evening Highlights for May 19th

1.US spot Bitcoin ETFs saw net inflows of $948.3 million this week
Blockchain Asset Management announces launch of a dedicated blockchain fund for accredited investors

Blockchain Asset Management, a cryptocurrency fund with a scale of $100 million, announced the launch of an exclusive blockchain fund for qualified investors. The specific amount of funds raised by the fund has not been disclosed yet, but it is said to have reached "eight figures", which means it is in the tens of millions of dollars. In addition, the investment threshold for the new fund is $100,000, and all investors are required to meet the approved standards (annual income exceeding $200,000, net assets exceeding $1 million).
Cointime May 3rd News Express

1. The 133rd Ethereum ACDC meeting: The goal is to complete the devnet within 7-10 days
Cointime April 23th News Express

1. EigenLayer: Deposit limits for all LST tokens will be removed on April 16
Shanghai Municipal Party Committee Secretary: Welcome Standard Chartered to establish more new institutions, new businesses and new platforms such as blockchain in Shanghai

Chen Jinong, the Secretary of the Shanghai Municipal Party Committee, met with Weihao Si, the Chairman of the Board of Directors of Standard Chartered Bank, and Mark William D'Arcy, the Executive Director, and some members of the Board of Directors yesterday morning. Chen Jinong stated that he welcomes Standard Chartered Bank to leverage its own advantages, strengthen strategic connections, place more new institutions, businesses, and platforms such as wealth management and blockchain in Shanghai, focus on deepening pragmatic cooperation in technology finance, green finance, digital finance, and create more application scenarios, and provide comprehensive and professional service support for enterprises to go abroad.
Cointime April 5th News Express

1.Mystiko.Network Community Sale Completed, Total $11.25 Million in XZK Sold2.Solana Co-founder Responds to the Sharp Increase in Transaction Failure Rates: Patch Coming Soon3.Ethena USDe market value exceeds 2 billion US dollars, setting a new record4.Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain companies that promote social development 5.QCP Capital: Bitcoin is expected to return to $70,000 this week, while Ethereum continues to be weak6.bitSmiley Labs officially launches its independent ecosystem plan, bitUniverse, and reveals its OG pass bitDisc-Black Upgraded Priviledges 7.Avalanche Foundation launches ice-breaking plan, focusing on LST track in the first phase and funding 500,000 AVAX 8.SuperRare Expands into Bitcoin Ordinals with Killer Acid's Psychedelic Art Collection 9.A dormant whale address for 8 months deposited 1,100 BTC into Binance10.Meme exchange DerpDEX.com completes multi-million dollar strategic investment, with participation from ABO Digital and others
Cointime精选 ·

Backup your life with the blockchain

Growing up my family was always moving homes. I've never had somewhere I could really call my own. Like many other people whose families have rented home to home their entire lives, you soon realise how much of a hassle it is to have a lot of belongings. It's why I prefer to throw away a lot of my keepsakes or momentos and while it's nice to be able to look back at something that reminds you of a former time in your life. It soon starts getting impractical. There's no possible way you can hold on to every keepsake you accumulate in your life. You might have visions of sharing some of your favourite memories with your grandkids but most of the time those old drawings, trophies, shirts or whatever other item you find valuable soon get eaten away by the cruel nature of time.
Terra founder Do Kwon to be extradited to U.S.

Terra founder Do Kwon will be extradited to the United States.
a16z ·

Big Tech killed the internet — blockchains can help revive it

The early internet was a magical place because it was driven by people and their creativity. Builders knew that whatever they made, they owned — a simple promise that established the right incentives for the technology to flourish. But now, the internet is stagnating and it’s harder than ever for new apps to break through.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27

Popular Tags