Nigeria SEC: Registration fees for crypto exchanges should increase fivefold

2024-3-17 22:46

Nigeria’s Securities and Exchange Commission (SEC) is proposing a significant hike in registration fees for cryptocurrency exchanges operating within the nation. The suggested amendment would raise the fee from the current 30 million naira (approximately $18,620) to 150 million naira…

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Nigerian Government Blocks Access to Binance, Coinbase, and Others to Shore Up Sliding Naira

News broke late Wednesday of the Nigerian government blocking access to major cryptocurrency exchanges like Kraken, Binance, and Coinbase, and this came as a shock to many of us (Nigerians). This dramatic move represents the latest escalation in Nigeria’s efforts to shore up the declining naira and curb unregulated cryptocurrency trading.

2024-2-23 00:30