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The Nigerian government remains supportive of the cryptocurrency industry despite legal disputes with Binance. The Minister of Information, Mohammed Idris, asserts the need for regulatory compliance, citing issues of money …
Nigeria Embraces Crypto While Navigating Legal Challenges with Binance Read More
Nigeria’s government remains open to cryptocurrency companies despite filing an $80 billion lawsuit against Binance for alleged economic losses. The country ranks second globally in crypto adoption and aims to …
Nigeria Maintains Welcoming Approach to Cryptocurrency Amid Binance Lawsuit Read More
Nigeria is set to recognize cryptocurrencies with the passage of the 2025 Investment and Securities Bill, defining crypto assets and providing legal support for trading platforms. This shift comes after …
Nigeria Embraces Cryptocurrency with New Investment and Securities Bill Read More
Ripple forms a new partnership with the UAE, following Binance’s deal, enhancing its operational footprint in the Middle East. The UAE’s regulatory environment supports Ripple’s ambitions, while challenges persist due …
Ripple’s Strategic Partnership in the UAE: A Step Forward for Crypto Innovation Read More
Binance is the leading cryptocurrency exchange in Nigeria, attributed to its robust P2P marketplace and attractive trading conditions. Despite regulatory lawsuits and challenges, its features and liquidity maintain its dominant …
Binance Retains Top Position in Nigeria Amid Regulatory Challenges Read More
The Nigerian government has secured the recovery of $60 million in seized assets linked to the release of Binance executive Tigran Gambaryan, with strong U.S. diplomatic involvement. Key stipulations included …
Nigeria Recovers $60 Million Following Binance Executive’s Release Read More
A Thai man has been arrested for laundering money for over 70 call centre gangs. He worked in Poipet under a Chinese scam operator and was involved in multiple illegal …
Thai National Arrested for Laundering Money for Call Centre Gangs Read More
Nigeria is set to impose new taxes on cryptocurrency transactions, including a capital gains tax and VAT, aiming to generate significant revenue. However, critics indicate that high taxes could drive …
Nigeria’s Cryptocurrency Taxation: Challenges and Potential Outcomes Read More
Tigran Gambaryan of Binance has challenged the Central Bank of Nigeria’s claims regarding a $26 billion outflow, asserting it reflects cumulative trade volume. He criticizes the CBN for scapegoating Binance …
Binance Executive Refutes CBN’s Claims of $26 Billion Outflow from Nigeria Read More
Memecoins are experiencing a revival as Barstool Sports, BNB Chain, and the Central African Republic launch new tokens. BNB Chain’s TST token reached a $300 million market cap thanks to …
Memecoin Movement: A Weekend of Tokens from BNB Chain, Barstool Sports, and the Central African Republic Read More