Nigeria SEC Raises Capital Requirements for VASPs, Reshaping the Crypto Industry Nigeria’s Securities and Exchange Commission (SEC) has announced a sweeping revision of minimum capital requirements for capital market...Read More
At GITEX Nigeria 2025 held in Lagos, Nigeria’s Minister of Communications and Digital Economy, Bosun Tijani, delivered a compelling address underscoring the nation’s need to build a resilient global...Read More
The Nigerian government has taken legal action against Binance, the world’s largest cryptocurrency exchange by trade volume, seeking a staggering $81.5 billion in damages and back taxes. This move marks...Read More
The Securities and Exchange Commission (SEC) of Nigeria has indicated that not all cryptocurrency companies seeking registration will meet the necessary requirements for approval. Dr. Emotimi Agama, SEC’s Director-General, conveyed...Read More
The Nigerian Securities and Exchange Commission (SEC) has introduced a proposed regulation targeting cryptocurrency influencers who promote fraudulent crypto projects. Under the new rule, all cryptocurrency platforms and Virtual Asset...Read More
According to nairametrics report, Nigeria’s Economic and Financial Crimes Commission (EFCC) has obtained a Federal High Court order to freeze N548.6 million held in bank accounts linked to suspected crypto...Read More
The Nigeria’s Securities and Exchange Commission (SEC) has announced its intention to begin enforcement actions against individuals and business entities, including cryptocurrency exchanges, that operate outside its regulatory framework according...Read More
The Federal Government of Nigeria has dismissed allegations by United States lawmakers concerning the health and prison conditions of Tigran Gambaryan, a Binance executive detained in Nigeria. Gambaryan is currently...Read More
The Nigerian Securities and Exchange Commission (SEC) has announced a new initiative to expedite the registration process for Virtual Assets Service Providers (VASP) within the country. This program, unveiled on...Read More
The International Monetary Fund (IMF) has recently issued recommendations for the regulation of global crypto trading platforms operating in Nigeria. The swift rise of foreign exchange (FX) trading platforms in...Read More
