Posted inCrypto Regulations
Is Crypto Really Legal in Nigeria? The Regulatory Confusion Explained
Nigeria legalized crypto in 2024—but conflicting actions by banks and regulators keep the ecosystem stuck…
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 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 inEconomy Events Regulations
EFCC: Cryptocurrency Used to Fund Illegal Arms Imports in Nigeria
The Economic and Financial Crimes Commission (EFCC) has raised alarms over the use of cryptocurrency…
Nigerian Court Convicts Two More Crypto Firms Over Unauthorized USDT-Naira Trading
The Economic and Financial Crimes Commission (EFCC) continues its crackdown on unlicensed cryptocurrency trading in…
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 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 inNEWS
Cybercrimes Thrives In Crypto Ecosystem Due to Lack of Regulation, Says EFCC
The Economic and Financial Crimes Commission EFCC has bemoaned the lack of regulation of cryptocurrency…
Posted inNEWS
Criminals Now Prefers Cryptocurrency-EFCC Chairman.
Chairman of the Economic and Financial Crimes Commission (EFCC) says bitcoin and ethereum are now…