News from March 2024
Eddie Weinhaus, a doctoral candidate studying cryptocurrency and monetary sovereignty at the Washington University School of Law and CEO of Judiciocracy, recently discussed the increasing popularity of cryptocurrency in Nigeria with Crypto Republique. He stated that this trend reflects the Nigerian populace's desire for a currency more stable than their native naira. This comes amidst recent actions by the Nigerian government to ban multiple crypto exchanges, including Binance, as part of an effort to protect the naira.
Steve Hanke, a professor of applied economics at Johns Hopkins University, has attributed Nigeria's economic instability to the policies implemented by the Central Bank of Nigeria (CBN), including significant increases in the country's money supply. Contrary to some perspectives, Hanke insists that cryptocurrency is not responsible for Nigeria's economic challenges.
Kaiko, a cryptocurrency market data provider based in Paris, has announced that it has been authorized by CME Group to redistribute crypto data.