Posted inCrypto NEWS Regulations
South African bank restricts customers from sending funds to crypto exchanges
Capitec, a major South African retail bank, has decided to stop customers from making EFT…
Posted inCrypto NEWS Regulations
Nigeria receives nearly $100,000 from unlicensed crypto service providers
The Nigerian government received nearly $100,000 (about NGN160M) from two cryptocurrency companies: Paparaxy Global Ventures…
Posted inCrypto NEWS Regulations
Nigeria plans widening the tax net to include cryptocurrency
While addressing the House of Representatives Committees regarding the recent tax bills introduced by President…
Posted inCrypto NEWS Regulations
South Africa Tax Agency wants crypto users to declare assets
A warning has been issued to anyone holding or trading cryptocurrencies in South Africa by…
Posted inCrypto NEWS Regulations
Kenya wants to monitor Crypto transactions in real-time with New Tax System
The Kenya Revenue Authority (KRA) is planning to introduce a tax system that will monitor…
Posted inBanking NEWS Regulations
Central Bank of Kenya Lowers Interest Rate to 12%
The Central Bank of Kenya (CBK) has reduced its interest rate by 0.75%, bringing it…
Posted inCrypto NEWS Regulations Stablecoins
African nation of Eswatini releases design for tokenized retail CBDC
The Central Bank of Eswatini, a small country between South Africa and Mozambique, has presented…
Posted inNEWS Regulations
South Korea recognizes cryptocurrency holdings as marital assets in divorce cases
Cryptocurrency and Bitcoin holdings are currently being recognized as marital assets in divorce cases, according…
Posted inBlockchain Crypto NEWS Regulations
South Africa is the most friendly crypto country in Africa compared to Nigeria.
South Africa is positioning itself as the most friendly crypto country for digital assets, as…
Posted inCrypto NEWS Regulations
Token2049: Binance CEO affirms commitment in ensuring the release of Gambaryan.
Following Binance's announcement that it is exploring various avenues to secure the release of its…
Posted inCrypto Economy NEWS Regulations
Understanding the US Fed Rate Cut and Its Effects on the Nigerian Naira and the Crypto Market.
Following the U.S. Federal Reserve’s monetary policy arm, the Federal Open Market Committee (FOMC) meeting…
Posted inCrypto Regulations
Binance Sets Conditions Before Registering Under the Nigeria SEC
With regards to the Securities Exchange Commission’s special framework program for onboarding Virtual Assets Service…
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 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…
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 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…
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…
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…
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…