Nigeria has officially recognized crypto as securities after the president signed the Investments and Securities Act 2024 (ISA 2024) into law. The ACT strictly protects investors, imposing at least 10…
Browsing: Nigeria
Nigeria’s $81.5 billion lawsuit against Binance raises serious regulatory and financial concerns for the crypto industry in Africa. The case could set a precedent for crypto regulations, impacting investor confidence…
Nigeria is reviewing crypto regulations to impose taxes on transactions while tightening controls on platforms like Binance amid legal disputes.
In a new video, Binance official Tigran Gambaryan is seen pleading with Nigerian government officials to treat him with human decency and respect. He could barely walk and was wincing…
Nigerian youths are encouraged to engage with blockchain technology to enhance their global competitiveness. The DecaHack initiative offers training, mentorship, and financial support to help young innovators succeed in the…
IOTA collaborates with Onramp Money, enabling seamless IOTA token purchases in seven significant markets. IOTA’s unique Tangle technology stands out as a promising solution for the expanding Internet of Things…
Binance is in preliminary talks with Nigeria Processing Zones Authority (NEPZA), to build a digital hub “similar to the Dubai virtual free zone”. This new special economic zone seeks to…
A recent report by UNCTAD established that Kenya is fifth among the top 20 developing countries, and the first in Africa in terms of ownership of digital currencies. Iwa Salami,…
Nigerian traders accuse Binance of blocking their accounts for no good reason and restricting their access to hundreds of thousands of dollars. Binance denies the accusations, saying that it only…
Nigeria has launched the eNaira CBDC to improve financial inclusion, facilitate cross-border payments and expand its economy. Many questions and uncertainties have been raised, including the changeability of the digital…
According to the CEO of Paxful, Nigeria has 1.5 million users and has contributed $1.5 billion in trading volume. Twitter’s Jack Dorsey says Nigeria is the future of Bitcoin trading.…