2023-6-12 18:52 |
According to Nigeria’s securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal.
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The Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world's largest crypto trading platform Binance, illegal
2023-6-10 18:40 | |
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Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes days after the US SEC sued Binance and its founder CZ.
2023-6-10 18:26 | |
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The order against Binance Nigeria Limited follows U.S. SEC allegations that the exchange had violated federal securities laws.
2023-6-10 15:19 | |
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Renewable energy potential, wide adoption and deflationary fiat make Nigeria the perfect home for extensive bitcoin mining operations.
2022-6-17 08:00 | |
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On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari.
2021-7-6 14:30 | |
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Countries like Nigeria, which are classified as emerging markets with weak economies, are seeing a huge surge in crypto activities. As with the case in Nigeria, these activities are usually related to crypto companies and exchanges opening operations in the country and recording significant growth in trading volume. This time though, the news is coming […]
2021-6-28 23:49 | |
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The Central Bank of Nigeria (CBN) has clarified its stance towards bitcoin (BTC) and other cryptocurrencies, making it clear that crypto traders in the country are free to carry out their operations on a peer-to-peer basis, as its ban did not outlaw the use of cryptos, but it’s rather an effort to protect lenders underRead More
2021-3-23 00:00 | |
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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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A cryptocurrency exchange based in Europe, Quidax, has launched its digital asset exchange in Nigeria, aiming to educate the residents about cryptocurrencies and blockchain technology. The exchange will allow users to buy and sell six cryptocurrencies, which include Bitcoin Cash, Bitcoin Gold, Ethereum, Bitcoin, Litecoin, and Ripple. The platform will, however, expand to support more […]
2018-10-29 01:58 | |
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Internet usage in Africa is growing, but not quickly enough for Google, which wants to give it a nudge to boost its user base on the continent. Things came to a head in July in this respect, with the company announcing it was partnering with Kenya’s third largest telecoms firm — Telkom — to launch commercial operations of its internet-beaming balloon project Loon in the East African country.
2018-8-2 14:50 | |
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Kenya's President William Ruto also wants to build a regulatory framework for crypto, with Marathon's help.
Two senior executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been held against their will for the past two weeks by Nigerian authorities.
Kenya might become the first country in the world where the industry’s representatives would develop the regulatory framework for crypto.
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