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…
Nigerian CPI Report Indicates Gradual Decrease In Inflation
The Consumer Price Index (CPI) report published by the National Bureau of Statistics (NBS) highlights…
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…
Chainalysis Report: Nigeria and India Leads in Global Crypto Adoption
India, Nigeria, and Indonesia top the report released from the highly anticipated 2024 Geography of…
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…
“Naira For Crude” will reduce the need for the US dollar.
The renowned Nigerian billionaire businessman Aliko Dangote praised the “Naira for Crude” initiative introduced by…
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…
10 Stockbrokers at NGX Responsible for More Than 50% of Traded Value, Worth Over $1B.
According to the report released by the Nigerian Exchange Group (NGX), ten stockbrokers accounted for…
SEC Nigeria Selects 23 Fund Managers For the $10B Nigeria Global Investment Fund.
The Securities Exchange Commission (SEC) in Nigeria has now approved 23 fund managers for the…
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…
Nigeria Government to introduce new cryptocurrency tax law by September
The Nigerian government has recently highlighted the intention to introduce a new cryptocurrency tax law…
CBN approves the merge of Unity Bank Plc with Providus Bank Limited
Unity Bank Plc notified the Nigerian Exchange Limited (NGX), shareholders, and other stakeholders that the…
TON blockchain sees a surge in active onchain users in Nigeria.
The success of 'The Open Network' (TON) blockchain in Nigeria can be attributed with the…
Increased awareness in Kenya for bitcoin following the protest over the finance bill
Kenyan youth were seen with bitcoin placards during the recent protest, which threaded on X…
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…
A Nigerian guy gets rewarded with 7.4m naira for returning 100 solana tokens mistakenly sent to him.
On X, formerly Twitter, a Nigerian guy was rewarded with more than $5,000 worth more…
Posted inEconomy NAIRA RATE NEWS Trading Trends
BlackRock’s $400 million iShares ETF to exit Nigeria
BlackRock, the world’s largest Bitcoin ETF (IBIT Fund) asset manager, will close iShares Frontier, a…
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 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 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…