2021-9-4 19:00 |
The Nigeria securities regulator has created a dedicated fintech division to study cryptocurrencies. This comes after calls from the government to provide a concrete regulatory framework for crypto-assets. origin »
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Regulatory crackdown on crypto has become quite prevalent in many parts of the world, including Nigeria. However, the country that homes one of the largest groups of crypto-traders in the world is nowThe post Nigeria's SEC forms Fintech unit to study crypto for future regulations appeared first on AMBCrypto.
2021-9-4 02:30 | |
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Over 85 percent of Central Banks are now considering adopting digital currencies in their respective countries. The Central Bank of Nigeria (CBN), is one of them. Nigeria is emerging as one of the mThe post Central Bank of Nigeria partners with fintech firm to execute its CBDC rollout appeared first on AMBCrypto.
2021-9-1 00:00 | |
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According to the findings of the latest study by Disrupt Africa, the number of fintech start-ups based on the African continent grew to 576 in 2021. This figure represents a 17. 3% jump from the 491 start-ups that were operating on the continent in 2019.
2021-7-10 03:00 | |
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The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means of identity verification in the country.
2021-4-12 21:30 | |
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This was revealed in Lagos on Nov 24 at the ‘Fintech In Nigeria: State Of Play’ conference organized by The Economist Intelligence Unit and Mastercard. Speaking at the event, Special Adviser on ICT to the Minister, Armstrong Takang stated that the Nigerian government “sees an opportunity” in crypto and blockchain adoption, and will thus create … Continued The post Nigeria’s Finance Ministry to Collaborate With SEC on Crypto Framework appeared first on BeInCrypto.
2020-11-24 23:05 | |
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OPay, headquartered in Lagos, Nigeria has raised $120M from a horde of high-profile Chinese venture capitalists as part of its series B round of financing. OPay was launched in 2018 by Opera, the web browser primarily focuses on creating digital compensation solutions that can be used to enhance financial inclusion. According to what the company’s […]
2019-11-18 19:16 | |
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Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry.
2018-11-12 08:00 | |
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Canary Capital’s spot Litecoin ETF has been listed on the Depository Trust and Clearing Corporation under the ticker LTCC, marking a key step toward its potential launch. The listing, which showed up on DTCC late Thursday Feb. 20, does not…
The SEC has renamed its Division of Enforcement’s Crypto Assets and Cyber Unit (CACU) to the Cyber and Emerging Technologies Unit (CETU). CETU’s focus will be, among other things, to combat crypto fraud and cybercrime.
The U.S. SEC unveiled a new unit dedicated to protecting investors from illicit activity tied to crypto, AI, and other burgeoning digital frontiers.
The United States Securities and Exchange Commission has voluntarily withdrawn its appeal against a Texas federal court ruling that struck down its broker-dealer rule that sought to expand the agency’s oversight.
The U. S. Securities and Exchange Commission (SEC) has acknowledged a 19b-4 filing from Cboe BZX Exchange, submitted on behalf of 21Shares, seeking approval to stake Ethereum held within the 21Shares Core Ethereum ETF.
The U.S. Senate has approved Howard Lutnick as the 41st Secretary of Commerce, putting a pro-crypto financier in charge of American trade and economic policy. The Senate confirmed Lutnick with a 51-45 vote conducted on Tuesday, Feb. 18, according to The…
A Washington district judge approved a joint motion filed by the U.S. SEC and Binance to stay legal proceedings.