Nigeria’s Crypto Thaw: Not What It Seems

2024-9-5 19:32

The Nigerian government’s long-running hostility towards the crypto industry seems to be abating. Or is it? Noelle Acheson looks at how the recent licensing of two crypto exchanges in Nigeria may not represent the shift we’re hoping for. origin »

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crypto nigeria seems two exchanges recent licensing

Èñòî÷íèê: coindesk.com

crypto nigeria → Ðåçóëüòàòîâ: 126


Crypto Giants In Trouble: Binance And Coinbase Grapple With Access Bans Amid Nigeria’s Crypto Crackdown

To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase.  According to a local media report, the African country has asked its telecommunications companies to restrict access to the websites of these crypto firms after the Central Bank of Nigeria (CBN) […]

2024-2-23 04:00


Ôîòî:

Nigeria’s SEC in Talks With Central Bank of Nigeria Over Crypto Regulation— 2020 Crypto Guidelines Still Suspended

Nigeria’s Securities and Exchange Commission (SEC) has revealed that talks with the Central Bank of Nigeria (CBN) regarding the regulation of cryptocurrencies are ongoing. The securities regulator also reiterated that due to a CBN directive that was issued on February 7, 2021, the crypto guidelines it issued in September 2020 remain suspended. Crypto Guidelines Set […]

2021-4-17 04:30


Ôîòî:

Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients as Remittances via Traditional Corridors Drop by 97%

The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that fail to comply.

2021-2-6 19:05


Bitcoin Curiosity Went Parabolic During Tuesday’s Massive Rally: Google

Google’s trend explorer shows that global searches for the keyword ‘bitcoin’ more than tripled during Tuesday’s massive rally. Bitcoin Searches Spike as Crypto Market Booms While the precise number of searches was not available, Google’s backend algorithms determined Tuesday’s search volume by comparing it with the number of queries over time.

2019-4-3 22:16


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Nigeria Senate advances bill to regulate crypto exchanges

Nigeria’s Senate has advanced a bill that could create formal rules for crypto firms and virtual asset operators. The Virtual Asset Service Providers Regulation Bill, 2026, passed second reading on Tuesday and moved to committee review. The proposal seeks licensing,…

Nigerian government issues fresh warning against CBEX Crypto exchange 

The Nigerian Securities and Exchange Commission has issued a renewed warning against Crypto Bridge Exchange. The exchange, also known as ST Technologies International Ltd, Smart Treasure, or Super Technology, has reportedly resumed operations across the country despite lacking regulatory approval.…