Binance CEO calls Gambaryans treatment inhuman as disturbing new video emerges
Gambaryans next hearing is set for Sept. 4, where the judge will consider the executives latest motion for bail.
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Gambaryans next hearing is set for Sept. 4, where the judge will consider the executives latest motion for bail.
Amid multiple alleged money laundering charges, the Nigerian government claims that Binance was responsible for the decline of its naira currency.
Detained Binance executive Tigran Gambaryan, facing money laundering charges in Nigeria, made a fresh bail request on medical grounds during his court appearance on Sept. 2, according to a family statement shared with CryptoSlate. Gambaryan’s legal team cited his deteriorating health in prison as the basis for the application. They reported that his condition has […]
The post Binance exec seeks bail in Nigeria amid deteriorating health issues appeared first on CryptoSlate.
In June, Nigerias Federal Inland Revenue Service dropped charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla.
Detained in Nigeria for more than six months and with reported deteriorating health, Tigran Gambaryan likely wont return to court until Oct. 9.
A call for sensible and measured Bitcoin regulation by the Nigerian government.
U.S. officials have been pressuring Nigerian authorities, citing Tigran Gambaryans deteriorating health in calls for his release.
Tigran Gambaryan, a United States citizen and former Internal Revenue Service agent, has been detained in Nigeria since February 2024.
Nigerian Bitcoin advocate James Otudor has filed legal actions against the African country government’s restrictions on the ownership, use, and trade of Bitcoin, Tether (USDT), and other cryptocurrencies, according to an Aug. 9 statement. Otudor stated: “This legal action represents a peaceful protest for freedom and financial inclusion. As a nation founded on human rights, […]
The post Nigerian Bitcoin advocate challenges government restrictions in landmark lawsuit appeared first on CryptoSlate.
The outcome of the case could have significant implications for the future of cryptocurrency in Nigeria.
The Nigerian Securities and Exchange Commission (SEC) has granted two local crypto exchanges Busha Digital Limited and Quidax “Approval-in-Principle” to begin operations under the Accelerated Regulatory Incubation Program (ARIP), according to an Aug. 29 statement. ARIP was specifically designed to onboard operational firms before the May 2022 release of the Rules on Virtual Asset Service Providers. […]
The post Nigerian SEC approves local crypto exchanges in push for digital asset regulation appeared first on CryptoSlate.
Binance CEO Richard Teng and family members have called for action, claiming Tigran Gambaryan has been unjustly detained in Nigeria since February.
A strategic relationship has been established between the Ministry of Digital Economy, Science and Technology Edo State, Nigeria, and INTMAX, the leading Ethereum Layer 2 solution developer. Nigerian pressure on the crypto market coincides with this partnership, highlighting Edo State’s dedication to innovation and digital development. Through this relationship, INTMAX will have
As the regulatory environment continues to evolve, other local exchanges will likely follow Quidaxs lead and seek to meet the SECs requirements.
The family of Tigran Gambaryan, the Binance executive detained in Nigeria, reports that his health has severely deteriorated, and he is being denied access to medical care. In an Aug. 26 statement shared with CryptoSlate, his family expressed grave concerns about his health conditions and revealed that he is suffering from extreme pain due to […]
The post Detained Binance exec in Nigeria can no longer walk, family says appeared first on CryptoSlate.
Tigran Gambaryans family raises alarms over his deteriorating health conditions, alleging medical negligence during his six-month detention in Nigeria.
While the governments concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes.
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading.
The Nigerian Federal Inland Revenue Service (FIRS) plans to introduce legislation to tax the growing crypto sector, according to local media outlet Business Day. FIRS Executive Chairman Zacch Adedeji announced this during a session with the National Assembly’s Finance Committees, highlighting that the new regulation would drive economic growth while encouraging innovation. Adedeji emphasized that […]
The post Nigerian lawmakers eye economic boost through crypto taxation appeared first on CryptoSlate.
The Federal Inland Revenue Services initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital assets.
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