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2 days ago
Africa Crypto News: Kenya’s VASP Needs Revision, Musician In Nigeria Blasts Crypto 99Bitcoins 2 days ago

Africa Crypto News: Kenya’s VASP Needs Revision, Musician In Nigeria Blasts Crypto

Kenya's crypto regulations face scrutiny, while a Nigerian musician criticizes cryptocurrency.

2 weeks ago
Nigeria Approves First Dedicated AI University in Africa Bitcoin.com 2 weeks ago

Nigeria Approves First Dedicated AI University in Africa

Nigeria to launch Africa's first AI university, Wini Institution, in Lagos to boost tech skills and innovation.

3 weeks ago
Africa Crypto Week in Review: Ethiopia A Leader In Bitcoin Mining As Nigeria Turns To Supportive Laws, Will Blockchain Make The World More Sustainable? 99Bitcoins 3 weeks ago

Africa Crypto Week in Review: Ethiopia A Leader In Bitcoin Mining As Nigeria Turns To Supportive Laws, Will Blockchain Make The World More Sustainable?

Africa's crypto scene is booming! Ethiopia leads in Bitcoin mining, while Nigeria focuses on supportive crypto laws. Can blockchain drive sustainability?

SEC Nigeria’s Agama Warns of License Rejections for Virtual Asset Service Providers Amid Growing Bitcoin Market Regulations Coinotag 3 weeks ago

SEC Nigeria’s Agama Warns of License Rejections for Virtual Asset Service Providers Amid Growing Bitcoin Market Regulations

Nigeria's SEC chief warns virtual asset services about potential license rejections, amidst tightening Bitcoin regulations.

Nigeria’s SEC Warns Crypto License Applicants: Meet Registration Requirements or Face Rejection Bitcoin.com 3 weeks ago

Nigeria’s SEC Warns Crypto License Applicants: Meet Registration Requirements or Face Rejection

The Nigerian SEC warns crypto license hopefuls: meet requirements or face rejection. The regulator emphasizes the need for compliance among virtual asset service providers. The Director-General highlights that many applicants aren't meeting the necessary standards, prompting a call for stakeholder feedback.

1 month ago
Circle Chief Business Officer Explains How Stablecoins Reshape High-Inflation Economies Beincrypto 31 Dec 2024

Circle Chief Business Officer Explains How Stablecoins Reshape High-Inflation Economies

Stablecoins are shaking up economies with massive inflation, offering a stable alternative to volatile local currencies. They enable efficient payments and financial inclusion, especially in Africa and Latin America. While CBDCs emerge as potential competitors, stablecoins and CBDCs might coexist, transforming financial landscapes with security and global access.

Binance Executive Tigran Gambaryan’s Eight-Month Detention in Nigeria Highlights Concerns Over Crypto Regulations and Legal Battles Coinotag 30 Dec 2024

Binance Executive Tigran Gambaryan’s Eight-Month Detention in Nigeria Highlights Concerns Over Crypto Regulations and Legal Battles

Binance's Tigran Gambaryan was detained in Nigeria for eight months, underscoring global crypto regulation issues. Legal battles and enforcement challenges emerge as crypto continues to grow worldwide.

The Year in Crypto: Binance’s Nigerian Hostage Crisis Decrypt 30 Dec 2024

The Year in Crypto: Binance’s Nigerian Hostage Crisis

Binance executive Tigran Gambaryan was held in Nigeria for 8 months while U.S. officials worked to free him.

Trump’s Dedollarization Warning Falls Flat as Nigeria, China Renew $2 Billion Currency Swap Deal Bitcoin.com 28 Dec 2024

Trump’s Dedollarization Warning Falls Flat as Nigeria, China Renew $2 Billion Currency Swap Deal

China and Nigeria are sticking together, renewing their $2 billion currency swap deal. Trump's warning about dedollarization doesn't seem to be causing them any concerns. This move is all about strengthening financial ties and promoting their local currencies.

Africa Crypto Week in Review: Nigeria’s Crackdown on Scammers, Mining in Kenya, South Africa Firm Expects Growth in 2025 As Ethiopia Bans Crypto Transactions 99Bitcoins 22 Dec 2024

Africa Crypto Week in Review: Nigeria’s Crackdown on Scammers, Mining in Kenya, South Africa Firm Expects Growth in 2025 As Ethiopia Bans Crypto Transactions

Africa's crypto scene is buzzing! Nigeria cracks down on scammers, Kenya dives into mining, South Africa's looking at growth by 2025, meanwhile, Ethiopia's saying no to crypto transactions. It's a whirlwind of crypto happenings across the continent.

 BIS consultative group proposes retail CBDC architecture Cointelegraph 19 Dec 2024

BIS consultative group proposes retail CBDC architecture

BIS has proposed retail CBDC architecture. Countries like Jamaica, Nigeria, China, Sweden, the Bahamas, and Peru are developing CBDC programs.

Nigeria’s SEC Introduces New Crypto Rules to Regulate Influencers and Promote Compliance for Virtual Asset Service Providers Coinotag 19 Dec 2024

Nigeria’s SEC Introduces New Crypto Rules to Regulate Influencers and Promote Compliance for Virtual Asset Service Providers

Nigeria's SEC updates rules to control crypto influencers and ensure compliance by virtual asset providers, protecting investors.

 Nigerian SEC tightens crypto marketing rules Cointelegraph 19 Dec 2024

Nigerian SEC tightens crypto marketing rules

Nigeria's SEC is cracking down on crypto marketing rules, targeting social media influencers to stop unregulated promotions.

Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand Bitcoin.com 19 Dec 2024

Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand

Facebook gets a temporary win as a Nigerian court halts a $38.55 million fine. The dispute involves alleged violations by Facebook Nigeria Operations Limited. A judge issued the restraining order after Facebook's legal action.

Anti-Graft Agency Arrests 792 Suspects in Major Crypto Romance Scam Bust in Nigeria Bitcoin.com 19 Dec 2024

Anti-Graft Agency Arrests 792 Suspects in Major Crypto Romance Scam Bust in Nigeria

The Nigerian EFCC nabbed 792 folks in a huge crypto romance scam sting. They tracked these scams back to some foreign masterminds. This bust involved raiding a suspected hub in Nigeria, showing just how deep these crypto cons go. Stay alert, folks!

Seized Bitcoin Triples in Value, Helping Fraud Victims Recover Losses Bitcoin.com 18 Dec 2024

Seized Bitcoin Triples in Value, Helping Fraud Victims Recover Losses

Bitcoin seized from a scam has tripled in value! Victims of a $1M Nigerian fraud might finally recover their losses, thanks to the soaring cryptocurrency.

Nigeria arrests nearly 800 people for crypto-related scams: one of the largest raids ever Cryptonomist 17 Dec 2024

Nigeria arrests nearly 800 people for crypto-related scams: one of the largest raids ever

Huge crypto scam busted in Nigeria! Nearly 800 scammers tricked European and American victims with fake romantic fronts to grab investments.

Nigeria Arrests Nearly 800 Linked to Massive Crypto Romance Scam Group Decrypt 17 Dec 2024

Nigeria Arrests Nearly 800 Linked to Massive Crypto Romance Scam Group

Nigeria's EFCC nabs around 800 people tied to a huge crypto romance scam. They found tons of SIM cards, hinting at a big operation. This crackdown shows Nigeria's getting serious about fighting crypto crimes.

Nigeria Arrests Almost 800 Over Crypto Scams: Reuters Coindesk 17 Dec 2024

Nigeria Arrests Almost 800 Over Crypto Scams: Reuters

Nigeria has arrested nearly 800 individuals involved in crypto scams as part of its crackdown on illegal crypto activities.

Nigerian Crypto-Romance Scam Busted: Authorities Arrests 792 In Massive Crackdown 99Bitcoins 17 Dec 2024

Nigerian Crypto-Romance Scam Busted: Authorities Arrests 792 In Massive Crackdown

Nigerian authorities cracked down on a crypto-romance scam, arresting 792 individuals linked to it.

Nigeria Arrests 792 Suspects for Running Massive Crypto Romance Scam Operation in Raid Cryptonews 17 Dec 2024

Nigeria Arrests 792 Suspects for Running Massive Crypto Romance Scam Operation in Raid

Nigeria's EFCC nabbed 792 people involved in a massive crypto romance scam operation.

Nigeria’s Anti-Corruption Agency Targets Crypto Romance Scammers, Arrests 792 in Lagos Operation Coinotag 17 Dec 2024

Nigeria’s Anti-Corruption Agency Targets Crypto Romance Scammers, Arrests 792 in Lagos Operation

Nigeria's anti-corruption agency busts a major crypto scam, arresting 792 people in Lagos for romance scams. This trend is worrying on a global scale.

 Nigeria arrests nearly 800 in raid on crypto pig butchering hub Cointelegraph 17 Dec 2024

Nigeria arrests nearly 800 in raid on crypto pig butchering hub

Nigeria's anti-corruption agency nabbed 792 suspects linked to a crypto romance scam in Lagos. This major bust highlights the continuing scourge of fraud in the crypto world.

Africa Crypto Week in Review: Former Twitter Founder Attends Bitcoin Conference in Nairobi, Nigeria’s Wallet Adoption Boom, As Bybit Expands 99Bitcoins 14 Dec 2024

Africa Crypto Week in Review: Former Twitter Founder Attends Bitcoin Conference in Nairobi, Nigeria’s Wallet Adoption Boom, As Bybit Expands

This week in Africa's crypto sector, a former Twitter founder attended a Bitcoin conference in Nairobi, Nigeria saw a surge in wallet adoption, and Bybit announced its expansion plans. These developments highlight heightened crypto interest in the region.

 Emerging markets lead crypto adoption, according to Consenys survey Cointelegraph 12 Dec 2024

Emerging markets lead crypto adoption, according to Consenys survey

A Consensys survey highlights that half of the populations in Nigeria, South Africa, Vietnam, the Philippines, and India own crypto wallets, indicating strong adoption in these emerging markets.

Study Reveals That 93% of Nigerians Are Eager to Invest in Crypto Coinpedia 12 Dec 2024

Study Reveals That 93% of Nigerians Are Eager to Invest in Crypto

A recent study indicates 93% of Nigerians are eager to invest in cryptocurrency, showcasing heightened interest across emerging markets, such as South Africa, the Philippines, India, and Indonesia.

Nigeria’s Blockchain Boost: SEC Explores Tech to Revolutionize Capital Markets Bitcoin.com 11 Dec 2024

Nigeria’s Blockchain Boost: SEC Explores Tech to Revolutionize Capital Markets

The Nigerian SEC is exploring blockchain to enhance trust in capital markets, believing it is key to bridging current gaps.

Africa Crypto Week in Review: Luno Rapidly Growing, Yellow Card Eyes Nigeria As Startup Raised Over $8 Million 99Bitcoins 09 Dec 2024

Africa Crypto Week in Review: Luno Rapidly Growing, Yellow Card Eyes Nigeria As Startup Raised Over $8 Million

This week, Africa's crypto scene saw Bitcoin's $100k achievement. Luno is expanding its offerings in South Africa, while Yellow Card focuses on Nigeria after raising over $8 million.

Coinbase-Backed Yellow Card Seeks Nigerian License After South African Regulatory Win Bitcoin.com 06 Dec 2024

Coinbase-Backed Yellow Card Seeks Nigerian License After South African Regulatory Win

Coinbase-backed Yellow Card is seeking a license in Nigeria after achieving regulatory success in South Africa, where it obtained a Crypto Asset Service Provider license.

2 months ago
Nigerian Crypto Exchange Bitmama Halts Virtual Mastercard Services Bitcoin.com 02 Dec 2024

Nigerian Crypto Exchange Bitmama Halts Virtual Mastercard Services

Bitmama, a Nigerian crypto exchange, has paused its virtual Mastercard services temporarily due to provider issues. This reflects a broader trend among African fintechs facing card service challenges like fluctuating exchange rates and chargeback fraud.

EFCC Amends $35.4M Money Laundering Case Against Binance and Executive Nadeem Anjarwalla Cryptonews 26 Nov 2024

EFCC Amends $35.4M Money Laundering Case Against Binance and Executive Nadeem Anjarwalla

The EFCC has altered its $35.4 million money laundering case against Binance and Nadeem Anjarwalla, accusing them of unauthorized financial activities and breaches of Nigeria's foreign exchange laws.

Coinbase Explores Blockchain Partnership With Kenya’s Safaricom Bitcoin.com 25 Nov 2024

Coinbase Explores Blockchain Partnership With Kenya’s Safaricom

Coinbase is exploring a partnership with Kenya's Safaricom to integrate blockchain technology into M-PESA, aiming to boost crypto adoption in Africa, focusing on Kenya and Nigeria.