Africa's crypto week highlights: DePIN Summit in Kenya, South Africa leads in merchant crypto payments, and Nigeria enacts new securities law.
Nigeria's President Bola Tinubu signs a law classifying cryptocurrencies as securities, enhancing SEC oversight.
Nigeria's Central Bank denies issuing new ₦5,000 and ₦10,000 banknotes, labeling reports as fake news.
Tigran Gambaryan, a Binance executive, shares his harrowing experience of nearly dying twice during his eight-month imprisonment in Nigeria, as recounted at Chainalysis’ Links conference.
Nigeria's new law, the Nigerian Investments and Securities Act 2025, recognizes cryptocurrencies as an asset class and sets regulations for virtual asset service providers.
Nigeria accuses Binance of facilitating terrorism and kidnapping funding through illicit transactions.
Quidax and Tether collaborate for crypto education in Africa, while Zambia's Bitcoin mining powers rural homes. Nigeria's ongoing tensions with Binance dominate the headlines.
$253 million in crypto long positions were liquidated in 24 hours as Binance faces money laundering charges in Nigeria.
Ripple partners with Chipper Cash to enhance cross-border payments into Africa using Ripple Payments, reducing fees.
Binance exec Nadeem Anjarwalla made a daring escape from Nigerian custody last March.
A Nigerian minister alleges that Binance was used by terrorists and kidnappers in Nigeria, prompting legal action for national security reasons.
Tigran Gambaryan shares his ordeal of detention in Nigeria at the DC Blockchain Summit, raising concerns about Binance's role in international cryptocurrency challenges.
Binance's Tigran Gambaryan shares insights on his release from eight-month detention in Nigeria, emphasizing the political pressures involved.
Nigerian oil marketers criticize the Naira-for-crude policy, claiming it could destabilize FX and deter FDI.
Crypto adoption is rapidly increasing in emerging markets like Nigeria, India, and Vietnam as users leverage blockchain to combat inflation and bypass ineffective systems.
Cassava Technologies and Nvidia are teaming up to launch Africa's inaugural AI factory, enhancing AI capabilities across the continent.
Nigeria embraces crypto while resolving legal issues with Binance, aiming to enhance its regulatory framework.
Nigeria remains open to crypto businesses despite a lawsuit against Binance and regulatory challenges. Government officials emphasize regulation, not exclusion, as the nation ranks second in global crypto adoption.
Binance and Nigeria's government entangled in a prolonged legal battle over an $81 billion case.
Monica Technologies simplifies crypto to naira conversions, enhancing speed and reliability for Nigerian users.
Monica Technologies facilitates rapid cryptocurrency to naira conversions, enhancing trading efficiency for Nigerian content creators.
Amid Nigeria's economic struggles, cryptocurrency presents a lifeline as citizens face inflation and currency depreciation. The government works on crypto regulations to stabilize the economy and boost revenues.
KPMG advises Nigerian banks to adopt blockchain as South Africa imposes strict crypto compliance by 2025.
Nigeria seeks to balance crypto innovation with regulation, recognizing its economic potential while addressing misuse risks.
Binance remains Nigeria's top crypto exchange thanks to its strong P2P marketplace, despite regulatory challenges.
Nigeria introduces cryptocurrency tax to boost revenue amidst economic challenges, targeting the digital economy and informal sector.
The RegTech Africa Conference and Awards 2025 will spotlight in Lagos, Nigeria to explore the role of public-private partnerships in transforming Africa's economic future through cross-border payments, trade, and investment.
Nigeria blocks Binance users from participating in crypto giveaway programs amid ongoing clampdown.
Nigerian users are blocked from receiving crypto airdrops on Binance due to regulatory issues in the country.
Coinbase and Bitget expand in Africa targeting Nigeria and South Africa amidst Morocco's increasing crypto interest despite restrictions.
Coinbase partners with Onboard Global to expand cryptocurrency trading services in Nigeria, offering secure P2P exchanges with local currency.
The Nigerian government sues Binance for $81.5 billion over economic damages and tax issues, claiming harm to its economy.