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
CoinEx, a leading cryptocurrency exchange platform, showcased its commitment to advancing blockchain education and community engagement during the recently concluded Ibom Tech Week, held from October 28 to November 2,...Read More
In a recent development, a Nigerian court ordered the release of Binance executive Tigran Gambaryan, following the government’s decision to drop money laundering charges against him. The charges were...Read More
At the Nigerian FinTech Week, Dr. Bisi Aina, Managing Director of Soft Alliance, articulated the company’s plans to enhance its flagship disbursement platform, SoftPay. This discussion took place in an...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
Tension ran high at the Federal High Court in Abuja on Monday as Tigran Gambaryan, a detained executive from Binance, filed a new bail application citing medical reasons. Gambaryan, who...Read More
In a significant development for Nigeria’s financial sector, the Securities and Exchange Commission (SEC) has issued its first provisional license for a cryptocurrency exchange. This move marks a critical turning...Read More
In a significant crackdown, the Nigerian government has frozen four cryptocurrency wallets holding over $37 million in Tether’s USDT stablecoin, according to a report from Premium Times. The Economic and...Read More
In a significant move, cryptocurrency exchange OKX has announced its decision to halt operations in Nigeria, citing recent changes in local laws and regulations. This announcement was made in a...Read More
KuCoin, one of the leading cryptocurrency exchanges, has announced a significant regulatory update affecting its users in Nigeria. Starting from July 8, 2024, the platform will begin collecting a Value-Added...Read More
