Posted inRegulations
EFCC Recovers Funds from Collapsed CBEX Crypto Ponzi Scheme, Arrests Suspects, Tracks Stolen Crypto
EFCC intensifies crackdown on collapsed CBEX crypto Ponzi scheme, recovering funds and hunting suspects behind…
Posted inAfrica Regulations
South African Court: Crypto Not ‘Money’ or ‘Capital’—Exchange Controls Don’t Apply
A landmark South African court ruling exempts crypto from exchange controls, triggering potential capital flow…
Posted inCyber Security Regulations
EFCC Removes Elie Bitar from CBEX Crypto Fraud Wanted List
The EFCC has cleared Elie Bitar of wrongdoing in the CBEX crypto fraud case after…
Posted inAfrica Crypto Regulations Trends
From Dream Job to Digital Slavery: How Rwandan Youth Are Trapped in Southeast Asia’s Crypto Scam Networks
A Rwandan man's dream job abroad turned into a trafficking nightmare, exposing crypto scam syndicates…
Posted inAfrica Regulations
Worldcoin Ordered to Delete Biometric Data of Over 300,000 Kenyans
Kenya’s High Court orders Worldcoin to delete biometric data from 300,000+ citizens, citing violations of…
Posted inAfrica Regulations
Binance’s Tax Battle with Nigeria Takes a New Twist: Court Lets FIRS Serve Documents via Email
Nigeria vs. Binance: A legal battle over tax evasion and economic sabotage, with court ruling…
Posted inAfrica Regulations
EFCC Hunts CBEX Crypto Scam Suspects, Including Four Kenyans
The EFCC is pursuing suspects behind Crypto Bridge Exchange (CBEX), a collapsed trading platform that…
Posted inCyber Security Regulations
Nigeria Raises Alarm Over Cyber Slavery Targeting Youths
The federal government has warned against rising cyber slavery targeting young Nigerians lured abroad under…
Posted inAfrica Regulations
Ghana to Regulate Crypto by September 2025
With regulatory momentum sweeping across Africa, Ghana is the latest to join the movement toward…
Posted inNEWS Regulations
Court Orders Arrest of Six CBEX Promoters Over $1 Billion Scam
The collapse of CBEX has led to the arrest order of its six promoters, marking…
Posted inAfrica Regulations
Binance Enforces Stricter Compliance for South African Users—Kenya Could Be on Deck
As South Africa tightens its grip on crypto compliance, Binance responds decisively—could Kenya be next…
Posted inEvents Regulations
Binance Tax Evasion Case: Nigerian Court Admits FIRS Investigation Documents
The Federal High Court in Abuja has admitted key documents submitted by the Federal Inland…
Posted inEconomy Regulations
Nigeria Nears Exit from FATF Grey List with New Crypto Regulation
Nigeria is poised to exit the Financial Action Task Force (FATF) grey list following the…
Posted inBitcoin NEWS Regulations
Cryptocurrency Now Legal In Nigeria: Everything You Need to Know
Nigeria's new financial markets laws now officially recognizes cryptocurrencies and other virtual assets as securities…
Posted inAfrica Regulations Reviews
FIC Flags South Africa’s Crypto Sector as High Risk for Financial Crime in 2025 Report
South Africa’s Financial Intelligence Centre (FIC) has flagged the country’s crypto asset service provider (CASP)…
Posted inAfrica Regulations
Kenya Unveils Landmark Crypto Regulation Bill, Paving Way for Safer Digital Finance
Kenya has introduced its first regulatory framework for cryptocurrencies through the Virtual Asset Service Providers…
Posted inAfrica Economy Regulations
Nigeria’s Crypto Revolution: ISA 2025 Brings Digital Assets Into Mainstream Finance
Nigeria has officially recognized cryptocurrencies as securities under the newly signed Investment and Securities Act…
Posted inAfrica Regulations
Nigeria Accuses Binance of Enabling Terrorism and Kidnapping Financing
Nigeria’s government has accused Binance of enabling terrorism and kidnapping financing through illicit fund transfers.…
Posted inNEWS Regulations
FSCA Warns Against Unregulated Crypto Investment Firms in South Africa
The Financial Sector Conduct Authority (FSCA) has issued a strong warning against AfriInvest and MutualWealth,…
Posted inAfrica Crypto Regulations
Crypto Fraudster Sentenced to 10 Years for Investment Scam
A 33-year-old cryptocurrency scammer, Mfundo Manci, has been sentenced to ten years in prison for…
Posted inAfrica Regulations Top News
Ghana’s Former President Mahama’s X Account Hacked, Promotes Solana Scam
John Dramani Mahama’s X account was compromised over the weekend, posting multiple tweets endorsing a…
Posted inAfrica Crypto Regulations
South Africa Pushes to Classify Crypto as Onshore Asset
South Africa is urging regulators to classify digital assets as onshore assets to boost industry…
Posted inCrypto Exchange Regulations
GINGERLY, Nigeria Takes Cautious Steps Toward Crypto Regulation Amid Fraud Concerns
Nigerian authorities are gradually moving to regulate Africa’s largest cryptocurrency market, aiming to create legal…
Posted inEconomy Regulations
Nigeria’s Crypto Tax: A Solution or a Setback?
In February, Nigeria sued Binance for unpaid taxes and introduced crypto taxation to address economic…
Posted inCrypto Events Regulations
U.S. Secret Service Seizes $1.5M from Nigerian Fraudster’s Binance Wallet
The U.S. Secret Service has seized $1.5 million from the Binance wallet of Nigerian fraudster…