The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch in October 2021.
Capital Control News
The bullish outlook appears as the Russian central bank imposes stricter capital controls on its citizens, including a ban on using rubles to buy the U.S. dollar.16008
China has unveiled new capital control regimes, and analysts predict that the tightened regulations on overseas investment will increase the demand for Bitcoin.1726
The deadly combination of tight capital controls and inflation slowly starve the people’s life savings. Luckily, Bitcoin can help escape from capital destruction.863
Auroracoin’s shine is gradually fading away. Being introduced in seemingly the right place and in the right time, it was the second largest cryptocurrency before it even launched, valued at half a billion dollars1469
A brief guide on how to avoid capital controls and move money out of China.2488
China has stepped up yet another round of capital controls. How will it impact the business of local Bitcoin exchanges and the overall Bitcoin market?796