Reasonable and Understandable Guidelines Nigerian fintech lawyer Senator Ihenyen acknowledges that the Central Bank of Nigeria’s (CBN) new guidelines, which prohibit cash withdrawals from virtual asset…
ASC’s Stablecoin Scheduled for Late February Launch The Central Bank of Nigeria (CBN) has approved the Africa Stablecoin Consortium (ASC) to pilot its cNGN stablecoin initiative…
Nigeria’s New Stance on Crypto Boosts African Market The African crypto and blockchain industry is expected to experience renewed optimism in 2024, with Nigeria leading the…
The Approval of Legislation to Address Crypto Mining and Safeguard Monetary Sovereignty The Angolan National Assembly has approved a significant law that focuses on cryptocurrency mining…
Gaining Confidence among Crypto Asset Owners The Ghanaian Securities and Exchange Commission (SEC) has established a task force to enhance its ability to regulate and oversee…
Securing User Funds The Nigerian crypto exchange platform, Bitmama, has temporarily suspended deposits due to ongoing maintenance by a third-party. However, Bitmama clarified that this decision…
Worldcoin Reaches Agreement with Kenyan Authorities Worldcoin, the iris biometric crypto project, has reportedly reached an agreement with Kenyan authorities that allows it to resume operations…
Regulated Financial Institutions Seeking Crypto Licenses in South Africa According to Tarris Arnold, a business development manager at crypto exchange Luno, most of the entities applying…
High Crypto Adoption in Nigeria A recent study reveals that almost half of Nigerians, about 47%, are actively involved in cryptocurrency trading, indicating a significant shift…