In order to protect national security, the National Information Technology Development Agency (NITDA) will create the native blockchain known as "Nigerium," according to NITDA Director-General Kashifu Inuwa Abdullahi. In addition to stating that the ultimate objective is to get the public and…
In order to be permitted to conduct business in the nation, Virtual Asset Service Providers (VASPs) must open a local office, according to the Nigeria Security Exchange Commission (SEC Nigeria).
The Framework on Accelerated Regulatory Incubation Programme (ARIP) For The Onboarding Of…
A recent 2023 research states that women hold 42% of cryptocurrency in Kenya, placing the nation first in Africa and third globally in terms of "crypto equality."
In order to examine the discrepancy in gender representation in leadership and influential roles within…
Thirty investigations into illicit financial services related to cryptocurrency are presently being conducted in South Africa by the Financial Sector Conduct Authority (FSCA). This is supported by the organization's most recent regulatory activities report, which lists the safeguards in place to allow…
More than 35 $SOL tokens have been awarded to an African cryptocurrency trader as members of the community continue to recognise and honour his kind and honest actions. During an interview, Femi Akinola, the trader, disclosed that a cryptocurrency dealer on X…
After plunging to its lowest point in more than four months, the price of Bitcoin has now rebounded. According to CoinGecko, the cryptocurrency is up 4.1% in the previous day, peaking at little over $56,400.
In the last 24 hours the price…
The estate of the defunct crypto exchange, Mt. Gox, has transferred over 47,000 BTC ahead of its plan to repay $9 billion BTC to creditors. One of Mt Gox’s three wallets that held significant portions of funds sent around 47,228.7 BTC (about…
Between January and June 2024 (H1 2024), startups in Africa raised $780 million. This represents a 31% decrease from H2 2023 figures and an even more striking 57% reduction from H1 2023. Two thirds of this money came from stock, and the…
Leading distributor of Web3 domains and digital identities, Unstoppable Domains, has announced the opening of the Unstoppable Marketplace for Web3, which will allow users to easily list and purchase a variety of Web3-enabled domains. This is the first time tokenized ".com" domains…
KuCoin, a cryptocurrency exchange, has announced that it will begin charging its Nigerian users 7.5% value-added tax on trading costs from July 8, 2024.
"We are writing to let you know about a significant regulatory update that affects our Republic of Nigerian…