Nigeria

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...

Ban Backfired in Nigeria: Bitcoin Selling at 36% Premium

It's been around 11 days since the Central Bank of Nigeria banned all supervised financial institutions from providing services to cryptocurrency exchanges in the...

Latest news

Tel Aviv Stock Exchange Plans Major Upgrade to Clearing Systems, Eyes Digital Assets

Tel Aviv Stock Exchange plans major clearing system upgrade incorporating AI, blockchain, and digital asset capabilities New system will support...

Russian Users Targeted by SilentCryptoMiner Disguised as Internet Restriction Bypass Tool

Kaspersky uncovered a cryptocurrency mining Malware campaign targeting Russian users by disguising malware as internet restriction bypass tools.Over 2,000...

Musk Attributes Major X Platform Outage to “Massive Cyberattack” as Bitcoin Falls Below $80,000

X (formerly Twitter) experienced a major outage on Monday that Elon Musk attributes to a "massive cyberattack," potentially by...

Must read