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Nigeria reportedly considers $10 billion Binance fine over illegal transactions and registration

The Nigerian government is reportedly considering imposing fines of up to $10 billion on Binance. Local media outlets reported that Bayo Onanuga, the special adviser to the Nigerian president, said the exchange profited from facilitating illegal transactions in the African country while the nation suffered huge losses. дальше »

2024-3-3 19:10


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) […] дальше »

2024-2-23 04:00


Nigerian Government Blocks Access to Binance, Coinbase, and Others to Shore Up Sliding Naira

News broke late Wednesday of the Nigerian government blocking access to major cryptocurrency exchanges like Kraken, Binance, and Coinbase, and this came as a shock to many of us (Nigerians). This dramatic move represents the latest escalation in Nigeria’s efforts to shore up the declining naira and curb unregulated cryptocurrency trading. дальше »

2024-2-23 00:30


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Africa Increasingly in Favour of Globally Regulated Cryptos as SPONGE Token Gains Traction

Africa is warming up to regulated crypto, with Sponge’s compliance-focused relaunch attracting attention. In the wake of crypto’s legal victories and the subsequent surge in trading volume, Africa’s growing inclination towards globally regulated cryptocurrencies is becoming more apparent, with Kenya, Nigeria and South Africa at the forefront of taking measures to regulate their crypto markets.  […] дальше »

2024-2-16 17:45


Bitcoin Price Just Hit New All-Time Highs In These Countries

A crypto analyst has revealed data depicting the Bitcoin price reaching new highs in several countries experiencing high inflationary pressures.  Bitcoin Skyrockets In Countries With Inflationary Currencies According to Crypto Analyst and DeFi enthusiast, Miles Deutscher, the price of Bitcoin has reached new all-time highs in multiple countries including Turkey, Argentina, and Nigeria.  Related Reading: […] дальше »

2023-10-27 14:45