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‘Cryptocurrency is not legitimate money,’ says Nigeria’s central bank governor

‘Cryptocurrency is not legitimate money,’ says Nigeria’s central bank governor

Godwin Emefiele, governor of the Central Bank of Nigeria, has defended the apex bank’s decision to ban banks from servicing cryptocurrency exchanges in the country. Appearing before a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, Emefiele remarked that the CBN ban was in the best interest […]

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DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital

DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital

Polychain Capital has bet on a new decentralized finance exchange protocol looking to boost the adoption of stablecoins in DeFi. 4814 Total views 20 Total shares Veteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins. DFX raised more than $5 […]

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CoinShares launches new physically-backed Ether ETP

CoinShares launches new physically-backed Ether ETP

Digital asset manager CoinShares is listing its second cryptocurrency exchange-traded product on the SIX Swiss Exchange. 3738 Total views 27 Total shares Major European digital asset manager CoinShares is expanding its product portfolio with a new physically-backed Ether (ETH) exchange-traded product, or ETP. Called CoinShares Physical Ethereum (ETHE), the new investment product is launching with […]

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