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CATEGORY: nigerian


Nigerian activist battles for Bitcoin rights in major legal challenge

Author: Cointelegraph by Amaka Nwaokocha
United States
Aug 10, 2024 12:00

Nigerian activist battles for Bitcoin rights in major legal challenge

The outcome of the case could have significant implications for the future of cryptocurrency in Nigeria.

Nigerias SEC issues first license to local crypto exchange

Author: Cointelegraph by Amaka Nwaokocha
United States
Aug 28, 2024 12:00

Nigerias SEC issues first license to local crypto exchange

As the regulatory environment continues to evolve, other local exchanges will likely follow Quidaxs lead and seek to meet the SECs requirements.

Concerns grow over Binance executives health during detention in Nigeria

Author: Cointelegraph by Arijit Sarkar
United States
Aug 27, 2024 12:00

Concerns grow over Binance executives health during detention in Nigeria

Tigran Gambaryans family raises alarms over his deteriorating health conditions, alleging medical negligence during his six-month detention in Nigeria.

Nigerian SEC to issue crypto platform licenses as market size grows: Report

Author: Cointelegraph by Pradipta Mukherjee
United States
Aug 21, 2024 12:00

Nigerian SEC to issue crypto platform licenses as market size grows: Report

In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading.

Nigerian crypto wallets tied to protests evade government freeze efforts

Author: Cointelegraph by Amaka Nwaokocha
United States
Aug 16, 2024 12:00

Nigerian crypto wallets tied to protests evade government freeze efforts

The discrepancies between the governments claims and the blockchain data highlight the tense dynamic between digital finance and state authorities.

Nigerian activist receives local support in legal fight to use crypto

Author: Cointelegraph by Amaka Nwaokocha
United States
Aug 11, 2024 12:00

Nigerian activist receives local support in legal fight to use crypto

This lawsuit comes amid the Nigerian governments increasingly hostile stance toward cryptocurrencies.

Nigerian crypto advocates push for regulatory reforms amid protests

Author: Cointelegraph by Amaka Nwaokocha
United States
Aug 02, 2024 12:00

Nigerian crypto advocates push for regulatory reforms amid protests

As the protest continues, whether crypto-specific demands will be integrated into the broader movements objectives remains to be seen.

Binance vs. Nigeria: A timeline of events

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 06, 2024 12:00

Binance vs. Nigeria: A timeline of events

As the trial of Binance executive Tigran Gambaryan restarts in Nigeria, Cointelegraph recaps the story so far.

Nigeria plans nationwide AI and blockchain research centers

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 05, 2024 12:00

Nigeria plans nationwide AI and blockchain research centers

The research centers are another step toward Nigeria taking a leadership position in artificial intelligence development in Africa.

Nigerian SEC mandates local offices for crypto firms

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 05, 2024 12:00

Nigerian SEC mandates local offices for crypto firms

The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits and monitoring.

KuCoin VAT charge raises concerns among Nigerian crypto community

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 04, 2024 12:00

KuCoin VAT charge raises concerns among Nigerian crypto community

The approving authority behind this taxation remains unclear, whether its the Nigerian government or an agency like the Federal Inland Revenue Service (FIRS).

Nigerian traders integrity restores trust in crypto

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 04, 2024 12:00

Nigerian traders integrity restores trust in crypto

The act of goodwill has gone viral on social media, restoring Nigerians trust in the crypto community.

Nigerian crypto star out on bail following police detention

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 21, 2024 12:00

Nigerian crypto star out on bail following police detention

Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the countrys growing cryptocurrency sector.

OKX's exit From Nigeria sparks criticism from crypto analysts

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 19, 2024 12:00

OKX's exit From Nigeria sparks criticism from crypto analysts

OKX stopped Naira withdrawals in May 2024 due to regulatory issues after Binance was accused of manipulating Nigerias currency and laundering money.

Internet Computer Protocol promotes blockchain engagement in Africa

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 15, 2024 12:00

Internet Computer Protocol promotes blockchain engagement in Africa

ICPs DecaHack event highlighted the transformative potential of blockchain and the importance of nurturing talent in the sector.

Nigerias SEC advised to regulate Bitcoin, Ether as commodities

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 14, 2024 12:00

Nigerias SEC advised to regulate Bitcoin, Ether as commodities

By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets.

Nigerias SEC urged to regulate Bitcoin, Ether as commodities

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 15, 2024 12:00

Nigerias SEC urged to regulate Bitcoin, Ether as commodities

By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of the digital assets.

Crypto enthusiasts warn against naira trade ban on exchanges

Author: Cointelegraph by Amaka Nwaokocha
United States
Jun 09, 2024 12:00

Crypto enthusiasts warn against naira trade ban on exchanges

Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the Nigerian government has turned its focus to platforms providing cryptocurrency services.

Nigerias SEC boss says crypto can aid 38M unbanked

Author: Cointelegraph by Amaka Nwaokocha
United States
Jun 29, 2024 12:00

Nigerias SEC boss says crypto can aid 38M unbanked

Emomotimi Agama noted that cryptocurrencies like Bitcoin can considerably lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home.

Nigerian SEC announces new rules, compliance program for digital assets

Author: Cointelegraph by Amaka Nwaokocha
United States
Jun 22, 2024 12:00

Nigerian SEC announces new rules, compliance program for digital assets

While this application process is intended to improve compliance, VASPs are directed to complete it no later than 30 days from the circular date.

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