Nigeria’s push into digital finance is under scrutiny as doubts grow about the credibility of the country’s flagship stablecoin, the cNGN. Promoted as Africa’s gateway to global crypto adoption, the project now faces tough questions about reserves, adoption, and sovereignty. cNGN’s last attested report showed about 298 million tokens in circulation as of June. By …
By Esther Ososanya Shares of cryptocurrency exchange operator Bullish (BLSH.N), owner of CoinDesk, surged nearly 62% above their initial public offering (IPO) price on Wednesday. The sharp rise signals renewed investor confidence in the digital asset sector and boosts the outlook for future U.S. listings by other crypto companies. If trading holds between $55 and …
