Nigerians traded nearly $600 million in Bitcoin in the last five years, making it the second-largest Bitcoin market after the US. Now the government has placed a ban on the trade — leaving people confused and angry.
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The biggest US virtual currency exchange will be listed, following record Bitcoin highs. The listing marks a turning point for cryptocurrency, once considered an obscure investment prospect.
Cryptocurrency trading platform Coinbase had a spectacular start on Nasdaq earlier this week. But DW's Daniel Winter warns its success doesn't mean that cryptocurrencies are now really for the mainstream.
The digital currency boom has boosted the Coinbase trading platform to stunning heights. On Wednesday it made its debut on the Nasdaq, becoming the first major cryptocurrency company to go public in the US.
With Venezuela's official currency plummeting for years, both the government and cryptocreators are trying to stem the rot with digital tokens. For ordinary Venezuelans, the cryptoboom also means regaining freedom.
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