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May 10, 20241 min read
Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’
Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange committed two separate...
May 2, 20241 min read
Nigeria’s Patricia Exchange CEO debunks closure rumors
Fejiro Hanu, CEO of Nigeria's first local crypto exchange, Patricia, has denied rumors of its closure, calling them a media ploy for...
May 1, 20241 min read
Nigerian Central Bank halts fintech new accounts to curb crypto trading
The Nigerian Central Bank has requested four fintech companies to pause creating new accounts in a bid to block crypto traders from...
Mar 30, 20241 min read
Binance Executives File Suit Against Nigeria
The two Binance executives who have been held as guests of the Nigerian government since arriving in the country in February
Mar 16, 20241 min read
Nigerian SEC seeks to raise crypto exchange registration fee
Nigeria’s Securities and Exchange Commission (SEC) has proposed an amendment to the rules guiding platforms offering crypto services
Mar 9, 20241 min read
Nigeria's Central Bank Enlists Gluwa Nigeria to Boost eNaira Systems
The Central Bank of Nigeria is working with blockchain technology firm Gluwa Nigeria to make the eNaira digital currency's systems
Mar 6, 20241 min read
Binance Halts Nigerian Naira Transactions, Compliance Concerns Intensify
Binance has announced its plans to halt its services involving the Nigerian Naira (NGN) due to heightened regulatory attention
Jan 5, 20241 min read
Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts
The Central Bank of Nigeria (CBN) has released guidelines for banks on digital assets, a sign the country's regulators are softening
Jan 1, 20241 min read
Crypto Ban in Nigeria Stalls eNaira Adoption Despite Global Recognition
Chinedu Albert, a legal expert specializing in Nigerian tech and innovation, has attributed the challenges facing the adoption of the eNaira
Dec 27, 20231 min read
Nigerian central bank lifts ban on crypto trading
Nigeria's central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate
Dec 23, 20231 min read
Nigeria’s top banks collaborate on new cNGN stablecoin
Principal Nigerian banks have joined forces to create the cNGN stablecoin, a new digital currency set to revolutionize the financial
Dec 23, 20231 min read
Nigeria’s Apex Bank Lifts Ban on Crypto, Issues Fresh Guidelines
On Friday, December 22, the Central Bank of Nigeria (CBN) released a circular containing guidelines on virtual assets service providers
Oct 16, 20231 min read
Yellow Card grants Web3Ladies $3,000 to equip more Nigerian women with blockchain skills
Pan-African cryptocurrency exchange and financial technology company Yellow Card has partnered with the Web3Ladies mentorship program
Jul 24, 20231 min read
Nigerian Social Payments App Bundle Ceases Crypto Exchange Services
Nigerian social payments platform Bundle plans to cease its crypto exchange services and instead focus on its peer-to-peer platform Cashlink
Jun 19, 20231 min read
Nigerian Naira plummets 30% amid Forex market changes
The Nigerian currency, the naira, has seen a significant devaluation in its exchange rate against the US dollar with a marked drop to NGN634
May 5, 20231 min read
Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy
Nigeria's government approved a national blockchain policy on Wednesday as part of the country's effort to transition to a digital economy.
May 2, 20231 min read
Nigerian SEC Mulling Support for Asset-Backed Tokens Over Crypto
The Nigerian Securities and Exchange Commission (SEC) is considering the authorization of crypto exchanges that offer asset-backed tokens
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