The latest crackdown by Nigeria’s central bank on cryptocurrency has elicited outrage and confusion in a country where virtual currency has boomed in the last five years. It’s also emblematic of the struggle by financial regulators the world over to regulate the supercharged space of digital currencies.On Friday aftern...
With its meteoric rise in popularity, it’s more than likely you’ve heard words like ‘crypto currency’ or ‘bitcoin’ from the mouth of your friends or read about this new technology online. If what you’ve heard has intrigued you and piqued your curiosity, we’re here to help explain it all. In a nutshell, crypto curr...
Ideal for small transactions?Bitcoin was once regarded as an ideal system for small electronic payments – so-called micropayments – as it is difficult to transmit small amounts of currency efficiently with existing systems. Credit card fees, also known as swipe fees, can often exceed the value of the purchase, making t...
