Posted inBitcoin Regulations Trading Nigerian SEC wants all operating crypto firms to set up a local office Posted by By Tony Chimdiuto 05/07/2024 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 Posted by By Tony Chimdiuto 03/07/2024 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. Posted by By Tony Chimdiuto 14/06/2024 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. Posted by By Tony Chimdiuto 08/06/2024 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. Posted by By Tony Chimdiuto 24/04/2024 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 Posted by By Tony Chimdiuto 24/04/2024 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 Posted by By Nsikanabasi Edet 01/04/2024 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 Posted by By Nsikanabasi Edet 21/03/2024 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 Posted by By Nsikanabasi Edet 20/03/2024 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 Posted by By Nsikanabasi Edet 19/03/2024 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. Posted by By Nsikanabasi Edet 03/03/2024 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 Posted by By Nsikanabasi Edet 02/03/2024 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 Posted by By Nsikanabasi Edet 25/02/2024 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 Posted by By Nsikanabasi Edet 24/02/2024 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 Posted by By Nsikanabasi Edet 23/02/2024 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. Posted by By Nsikanabasi Edet 05/02/2024 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 Posted by By Nsikanabasi Edet 04/02/2024 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 Posted by By Nsikanabasi Edet 31/01/2024 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’ Posted by By Nsikanabasi Edet 30/01/2024 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 Posted by By Nsikanabasi Edet 28/01/2024 With the licensing requirement in vogue, local exchanges may either have to merge with the…
Posted inBitcoin Economy NEWS Regulations Regulations: South African Crypto Regulators Will Start Issuing out first Set Of Licenses Posted by By Nsikanabasi Edet 26/01/2024 Roughly 50 cryptocurrency firms are currently in the process of awaiting approval for their applications.…
Posted inFundraise NEWS Regulations Trading Trends Traders Speculate On Dogecoin as ‘XPayments’ account gains 100K followers in a day Posted by By Nsikanabasi Edet 24/01/2024 Although X hasn’t confirmed exactly what payment functions it plans to incorporate, traders seemingly speculate…
Posted inEconomy NEWS Regulations Trading Regulations; Morocco Central Bank Says Crypto Draft Law Is Ready Posted by By Nsikanabasi Edet 21/01/2024 The proposed legislation provides a specific definition for cryptocurrency in the Moroccan context and seeks…
Posted inEconomy General News NEWS Regulations Trends 2023 Crypto Regulation: Highlights of Africa’s Most Significant Crypto Regulations in the last year. Posted by By Nsikanabasi Edet 19/01/2024 The growth of cryptocurrencies in Africa is happening at a very fast pace. On the…
Posted inEconomy Fundraise NEWS Regulations Egypt prepares to launch a CBDC by 2030 Posted by By Nsikanabasi Edet 16/01/2024 As per an economic expert from Egypt, a central bank-issued digital currency is considered more…