Over Protocol Airdrop: Earn Daily Points on Over Wallet

 Over Protocol is a layer 1 blockchain network aiming to address storage and dependency issues that many blockchains, including Ethereum, face. Its key feature is providing lightweight and user-friendly full nodes, improving accessibility for individuals to operate on their personal computers (PC) at home.  Over Community Access Program (OCAP) offers opportunities for early ecosystem contributors to earn OVER and join in Over ecosystem with various quests before the mainnet launch.  Over Protocol Airdrop Claim Over Protocol Point daily Download Over Wallet Link  https://mobile.over.network/en/invite/KWGJQQD0T1 Invite Code: KWGJQQD0T1 Mission: Complete some tasks and earn more points than others. Rewards: Check your point records and rank on the leaderboard. Over Wallet Over Wallet is the first service in the Over Protocol ecosystem, the wallet will offer users the functionality to acquire and manage OVER points. It will be updated for token asset management and transaction features,  p

The Full CBN Circular on Crypto Unban in Nigeria


The Central Bank of Nigeria has reversed its stance on cryptocurrency, instructing banks to ignore its previous ban in light of a new circular released on December 22, 2023.
The circular with reference number FPR/DIR/RUB/CiR/002/003, is signed by the Central Bank's Director, Financial Policy and Regulation Department, Haruna Mustafa.

The circular titled "Circular to all Banks and other Financial Institutions Guidelines on Operations of Bank Accounts for Virtual Assets Service Providers (VASPS)" stated that the current trends globally have shown the need for crypto regulation.

However, according to the circular Banks and regulated financial institutions still can not deal with crypto either as a store of value or traceable asset on its own. So any regulated fintech (e.g. with MFB authorization) that would have wanted to use this opportunity to infuse crypto into their treasury or operational processes, is effectively still prohibited from doing so by their regulator, the CBN.

Rather, the circular allows crypto-native fintech with an SEC authorization (e.g. Virtual Assets Service Provider (VASP), and Digital Asset Exchange (DAX) to power their fiat on-ramp and off-ramp solutions by partnering with Banks and eligible OFIs) to open designated accounts, etc. See the full CBN Circular on Crypto Guidelines for details. 

Spread the news