Search results for Nigeria
Crypto
Money flows into \'digital dollar\' stablecoins, shaking banks and national monetary systems
Stablecoins are spreading as a near real-time, 24-hour tool for moving money, raising concerns they could accelerate outflows from bank deposits and national currencies during financial stress or sharp currency declines. The European Central Bank has flagged potential liquidity mismatches between round-the-clock redemptions and reserve assets that move on traditional settlement schedules. The BIS also found stablecoin flows tend to rise alongside foreign-currency deposits in crisis situations.
Crypto
Crypto market cap halves but activity stays steady, Chainalysis says
Global cryptocurrency market capitalisation fell about 50 percent over a year, but the scale of real economic activity slipped only 1.6 percent, Chainalysis said. In its 2026 Global Crypto Adoption Index report, it found overall activity edging down to $9.4 trillion from $9.5 trillion between July 2025 and late June 2026. Domestic P2P transfers and stablecoin-based cross-border remittances surged, while inflows to exchanges, DeFi and other services declined.
Crypto
Brazil tops global crypto adoption index, South Korea ranks fifth
Brazil ranked No. 1 in a revamped cryptocurrency adoption index, with the United States second and South Korea fifth, according to a report citing Chainalysis. The index combines four factors including service fund flows, domestic peer-to-peer activity, cross-border fund flows and on-chain holdings. Latin America stood out as regional crypto activity rose to $593.8 billion, growing 9.8 percent even as the global crypto economy contracted 1.6 percent.
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Crypto
S&P Global agrees to acquire OpenZeppelin to strengthen on-chain finance security
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Crypto
Dangote Refining launches IPO with stablecoin-based on-chain subscriptions on Solana
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Crypto
Countries with high Bitcoin holdings share weak banking systems
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Crypto
Nigeria issues digital asset tax guidelines, some taxes to be paid in tokens
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Crypto
Dollar stablecoins could undermine emerging market monetary sovereignty, BIS warns
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AI & Enterprise
IMF says AI could lift sub-Saharan Africa\'s economy 4 percent but power and internet come first
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Crypto
Nigeria pushes to unify crypto regulation, revise tax guidelines
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Crypto
Tether, Gnosis co-lead seed investment in mobile crypto wallet Sorted
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World
Global birth rates fall together; smartphones and social media may be a cause
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Industry
LG Electronics runs clean water and laundry support campaign in Nigeria
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Crypto
Mastercard teams up with Yellow Card to pilot stablecoin payments in Africa and Middle East
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AI & Enterprise
Google Translate turns 20, adds pronunciation practice feature
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Industry
Yeocheon NCC raises naphtha cracker utilisation to 65 percent
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AI & Enterprise
Google expands Live Translate earbud feature to iOS, widens country support
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Telecommunications & Media
Can a 40,000-won ultra-low-cost smartphone work? Manufacturers say costs are hard to bear