Posted inCrypto NEWS Regulations
Around $670,000 Freezed by Nigerian Regulator Over Unregulated Crypto P2P Trades
The Nigerian regulator has reportedly freezed N548.6M (about $670,000), supposedly in the account of users…
Posted inNEWS Regulations
US Diplomats Rally Behind Binance for the Release of Gambaryan
Some personnels, including the US Ambassador to Nigeria, have reportedly rallied behind Behind to request…
Posted inCrypto NEWS Stablecoins
Tether Reports $6.2B In Profit Surpassing BlackRock’s Profit
Tether, the largest issuer of stablecoins, has released a report highlighting its remarkable profit of…
Posted inCrypto NEWS Regulations
FATF Reports: Majority of African Countries Struggle with Crypto Regulations
The Financial Action Task Force (FATF) has released its fifth review on how effectively countries…
Chainalysis Report: Nigeria and India Leads in Global Crypto Adoption
India, Nigeria, and Indonesia top the report released from the highly anticipated 2024 Geography of…
Posted inCrypto NEWS Regulations
BoG: The Draft Guidelines For Crypto Regulation in Ghana
The Central Bank of Ghana—BoG recently released draft rules for crypto regulations in Ghana to…
Posted inCrypto NEWS Stablecoins
Report: Fiat-Backed Stablecoins Market Capitalization Still Below 2021’s Peak of $181.7B
The current Coingecko State of Stablecoins 2024 report shows that fiat-backed stablecoins with $161.2B Markets…
CoinEx Launches Innovative Products and Buyback Strategy to Boost $CET Token Value
CoinEx has recently revamped its $CET introduction page and upgraded its products and services, introducing…
Posted inCrypto NEWS Regulations
SEC Nigeria to Crackdown on Unregulated Crypto Exchanges.
Nigeria's SEC — Securities Exchange Commission will take actions against unregulated crypto businesses, ensuring investors'…
Posted inCrypto NEWS Regulations
South Africa to Tax Crypto Traders in the region
The South African Revenue Service (SARS) is updating its regulations and issuing tax notifications to…
Fidelity and MasterCard Partners to Launch Fidelity Send
Fidelity Bank Plc, a prominent bank in Nigeria, and Mastercard have teamed up to introduce…
Understanding the Nigerian Government FGN Dollar Bond.
The Domestic FGN US Dollar Bond is a new financial instrument introduced by the Federal…
Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000
In compliance with the instructions of the Federal Inland Revenue Service (FIRS), fintech establishments have…
Posted inCrypto Campus Events NEWS Trends
CoinEx Holds Successful Campus Hangout and Tour at UNIZIK
CoinEx, a cryptocurrency trading platform, recently held a highly successful Campus Hangout and Tour at…
Posted inCrypto NEWS Regulations
SEC Nigeria’s Crypto License Approval Targets Youth Involvement in Capital Markets
Following the approval-in-principle of provisional crypto license to Busha and Quidax, Nigerian Securities and Exchanges…
Bank of Uganda Cuts Interest Rate by 0.25%
For the very first time in history, the Bank of Uganda reduced its key rate,…
“Naira For Crude” will reduce the need for the US dollar.
The renowned Nigerian billionaire businessman Aliko Dangote praised the “Naira for Crude” initiative introduced by…
Posted inEconomy NEWS Regulations
Nigeria Proposes VAT Increase to 10%
The Presidential Committee on Fiscal Policy and Tax Reforms has recommended increasing the Value Added…
Oando Stocks Crosses N1T in Market Capitalization
The oil and gas company, Oando, has attained over N1T (over $626M, per current exchange…
Posted inCyber Security DeFi NEWS Trends
Lights Out: Brain Jotter’s Charity Token $JOTA on TON Pulls the Plug
Popular Nigerian Comedian Chukwuebuka Amuzie has been receiving backlash from a large number of crypto…
Posted inCrypto NEWS Technology WEB 3.0
Coinbase Performs the First AI-AI Crypto Transaction.
Coinbase makes history by executing the first AI-to-AI transaction using crypto. This milestone is a…
4 African Projects Benefit from the Ethereum Foundation Q2 2024 Grants
Web3 communities in Africa were given the opportunity to experience empowering workshops funded by the…
Posted inNEWS Regulations
Crypto Regulations in African Countries: A Comparison Between Five Countries
Statistically, Africa is the region with the highest young people demographic, and this is an…
Posted inNEWS Regulations
Only One Crypto Custodian License was Issued
Following the licensing of Quidax in Nigeria, five other Blockchain firms were admitted under the…
Posted inFintech NEWS Technology
Mastercard to Move from Credit Card Numbers to Tokenization and Biometric Authentication.
In a bid to simplify payments, Mastercard moves to tokenization and biometric authentication to eliminate…