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 inExchange NEWS Regulations
SEC Nigeria Issues the First Provisional Operating License to Crypto Exchanges
The evolving crypto regulatory environment in Nigeria is taking a positive shape with the issue…
Posted inExchange NEWS Regulations
Nigerian Judge to Preside Over Binance Money Laundering Case Next Week
A Nigerian judge will hear a money laundering case against crypto Binance and two of…
Posted inNEWS Regulations Trends
Witness says Binance organised unauthorised transactions in Nigeria at the Federal High court.
The Central Bank of Nigeria (CBN) claims that the cryptocurrency exchange Binance performed transactions involving…
Posted inBitcoin Regulations Trading
Nigerian SEC wants all operating crypto firms to set up a local office
The Securities Exchange Commission Nigeria wants all crypto firms offering services in the country to…
Posted inRegulations Top News Trading
Nigerian government to tax crypto traders a 7.5% VAT in transaction fees on KuCoin
Crypto tax Nigeria: KuCoin has just announced that per recent regulatory update, users with KYC…
Posted inEconomy NEWS Regulations
Zimbabwe seeks input from crypto firms on its virtual asset regulation guidelines.
Zimbabwe is looking to develop robust regulation guidelines for virtual assets and is looking for…
Posted inNEWS Regulations
Zimbabwe central bank faces new difficulties with the new currency.
The new currency, an extension of the government’s gold-backed token, has recently faced some difficulties…
Posted inEconomy Exchange NAIRA RATE NEWS Regulations
CBN Refutes Claims on a Circluar Claiming to Apprehend P2P Merchants in Nigeria.
In a recent tweet from the Central Bank of Nigeria, the country's top financial institution…
Posted inEconomy NEWS Regulations Trading Trends
CBN Deletes Tweet Debunking a Circular Claiming to Prohibit Banks From Facilitating Payment for Crypto Exchanges
The Central Bank of Nigeria has debunked a circular currently circulating about its institution prohibiting…
Posted inNEWS Regulations
Binance Reportedly Assisted Nigerian Law Enforcement Agencies with Over 600 Information Requests in the Last Four Years
Binance also reportedly educated members of the Nigerian financial crime commision on how to combat…
Posted inEconomy Regulations
Dovish Outlook from FOMC Drives The Cryptocurrency Market Back Up
Despite the prevailing optimism, worries persist about the possibility of another significant downturn as the…
Posted inExchange Regulations Trading
Binance Receives a Court Order to Deliver Detailed User Data to Nigerian Authorities
The court order was issued to facilitate the EFCC to uncover the allegations of money…
Posted inExchange Regulations Trading
Nigeria’s SEC Plans to Hike Registration Fees for Cryptocurrency Exchanges
Nigeria's Securities and Exchange Commission (SEC) has proposed changes to regulations governing platforms offering cryptocurrency…
Posted inExchange NEWS Regulations Trading
Nigerian Government Debunks Reports of $10B Fine for Binance.
As of now, no decision has been reached regarding the imposition of a fine on…
Posted inBitcoin Exchange NEWS Regulations
The outrageous $10 billion fine on Binance
Binance faces heightened regulatory scrutiny in Nigeria as authorities intensify their examination of the platform…
Posted inExchange Regulations Trading Trends
Coinbase CEO Debunks Reports Of Government Ban On Crypto Exchange
This comes after a series of rumors that the Nigerian government were about to block…
Posted inNEWS Regulations WEB 3.0
China Introduces Digital Yuan Option for Car Pre-Purchase Transactions
The digital yuan, China’s central bank digital currency (CBDC), is being used as a security…
Posted inNEWS Regulations
South Africa Eyes Stablecoins and Blockchain to Enhance Digital Payment Efficiency
The 2024 budget review of South Africa emphasized the necessity for structural changes and a…
Posted inEconomy NEWS Regulations
CBN debunks Alleged Plans to Convert $30 Billion Domiciliary Deposits into Naira.
The bank said the allegation is false and only aims to trigger panic in the…
Posted inEconomy NAIRA RATE Regulations
Nigerian Bureau De Change Blames it’s shutdown on Crypto P2P Emergence
Although Nigerians involved in FX transaction prefer using crypto due to ease and speed, analysts…
Posted inExchange NEWS Regulations Trading
Backpack Exchange: Bankruptcy lawyer says FTX only plans to fully repay customers and will not restart the exchange
After the exit of FTX, the defunct exchanges' formal executives launches Backpack Exchange. “The costs…
Posted inNAIRA RATE NEWS Regulations Trading
Naira/USD Nosedives to New Lows, But Central Bank Governor Says it is ‘Undervalued’
Naira has reached an all-time low of #1500 per dollar, but central governor, Olayemi Cardoso,…
Posted inNEWS Regulations
Regulations; Nigerian analysts urges the SEC to rework its licensing guidelines
With the licensing requirement in vogue, local exchanges may either have to merge with the…