crypto ban
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Nigeria SEC Amendment: Crypto Registration Fees in Nigeria Set to Skyrocket
Nigeria's Securities and Exchange Commission (SEC) has proposed significant amendments to the regulations governing platforms offering cryptocurrency services. The suggested changes include a substantial increase in the registration fee for crypto exchanges from 30 million naira ($18,620) to... -
Nigeria Binance Nigeria Wahala: Government Demand Details of Top 100 Users from Detained Executives
The Nigerian government, led by influential figure Bola Tinubu, has insisted that Binance, the world's largest cryptocurrency platform, disclose the identities and transaction details of its top 100 Nigerian users. This demand, according to reports by the Financial Times, is at the epicenter of... -
Nigeria Binance Crisis Deepens: Nigerian Lawmakers Mull Arrests Over Alleged Financial Crimes
Cryptocurrency giant Binance is ensnared in a mounting crisis in Nigeria as the nation's parliament deliberates issuing an arrest warrant for the company's executives. During a Monday investigative hearing, the House of Representatives Committee on Financial Crimes issued the threat after... -
Nigeria Binance Responds to Government Blocking of Services in Nigeria: Website Blocked but App Still Accessible
Binance, the world's largest cryptocurrency trading platform, has confirmed the official blockade of its website for Nigerian users. Users in Nigeria have expressed frustration over the inability to access the platform, prompting Binance to issue a statement acknowledging the issue but...
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