Nigeria

Cryptocurrency exchange, OKX, has announced plans to discontinue its services in Nigeria, citing recent changes in local laws and regulations. The exchange, in a statement sent directly to…

Signs of an immediate regulatory shift for cryptocurrency in Nigeria emerged on Wednesday as crypto exchange KuCoin announced it would begin charging a value-added tax on transactions beginning July 8. The exchange cited a “regulatory…

In a significant turn of events, Nigeria has withdrawn tax evasion charges against two executives from Binance, the world’s largest cryptocurrency exchange.  According to Reuters, the decision came after Binance appointed a local…

Binance, the world’s largest crypto-currency exchange, has found itself embroiled in legal battles in Nigeria, as Africa’s most populous nation seeks to clamp down on an industry that it accuses of facilitating criminal activity and…

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In this week’s crypto Africa news round-up, is Kenya the next crypto mining hub on the continent? What’s next for Binance as Nigeria adjourns case against executives, and as South African crypto market braces for major election –…

The government of Nigeria is preparing to introduce new regulations to ban peer-to-peer (P2P) cryptocurrency exchange using the national currency, the Nigerian naira.Nigeria’s Securities and Exchange Commission (SEC) is set to launch a…

Africa is leading the way for global Bitcoin adoption — pioneering the first truly peer-to-peer movement on the ground. While many parts of the developed world are fixated on the speculative activity of bitcoin, people in Africa are…