Nigeria

Nigeria Remains Open to Crypto Firms Despite $80bn Binance Lawsuit

Nigeria's government maintains openness to crypto companies despite pursuing an $80 billion lawsuit against Binance.Information Minister Mohammed Idris clarified the lawsuit aims to strengthen...

Nigeria Unveils Tax Framework for Crypto Markets, Pursues $81.5 Billion from Binance

Nigeria pursues $81.5 billion from Binance in damages and back taxes amid increased cryptocurrency regulation efforts. The Securities and Exchange Commission is developing new frameworks...

Bitcoin Soars in Nigeria as National Currency Plunges to Historic Lows

Nigerian Naira hits new low at ₦1,711.774 against USD as dollar liquidity drops 72% to $81M Bitcoin approaches global ATH of $73,737, already reaching N121M...

Binance Executive’s Health Crisis in Nigerian Prison

Tigran Gambaryan, a top executive at Binance, is seriously ill in Kuje Correctional Centre.Lawyers request his transfer to Nizamiye Hospital for better medical care.The...

Nigeria Revisits Crypto Clampdown Amid Currency Crisis

The Nigerian government is cracking down on cryptocurrency and unregistered forex traders.New regulations aim to ban peer-to-peer (P2P) crypto exchanges using the naira.Despite previous...

Binance Requests Nigerians to Withdraw Naira Assets as Services Cease in Nigeria

Binance advises Nigerian traders to withdraw all NGN assets as it discontinues services in the country following alleged currency manipulation accusations.The Nigerian government has...

Nigerian Crypto Startups Seek Regulatory Approval Amidst Market Changes

KEY TAKEAWAYSQuidax and Luno are pursuing licenses from Nigeria's SEC while Yellow Card discusses regulatory approval.The CBN's reversal on the crypto ban has improved...

Nigeria to Launch Its Own Digital Currency in October

Nigeria plans to launch its own cryptocurrency, the so-called "e-naira," in October, the governor of the country's central bank said on Sunday.More specifically the...

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American Engineer Drugged, Robbed in Sophisticated London Crypto Heist

An American software engineer lost approximately $123,000 in cryptocurrency after being drugged and robbed in London.The victim was targeted...

Max Keiser Doubts New Bitcoin Treasuries’ Discipline in Bear Market

Bitcoin-focused companies are increasingly copying the treasury strategy used by Michael Saylor's Strategy.Max Keiser raised doubts about whether these...

South Korea Election Puts Crypto Policy at Center of Debate

Nearly one-third of South Koreans hold digital assets, making crypto a vital issue in the upcoming presidential election.Both major...

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