A crypto currency exchange platform popularly known as Binance has been banned from operation in Nigerian by the Federal government The imposition on the operations of Binance Nigeria …
Cryptocurrency
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The federal government of Nigeria under the leadership of President Muhammadu Buhari has finally adopt in approval, the use of blockchain technology while adopt the national policy. This …
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Embattled cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Former boss Sam …
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The Nigerian Government has released a set of new regulations guiding the issuance, exchange and custody of digital assets in Nigeria. It was reported that the Securities and Exchange …
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Business NewsFeatured
CBN Imposes Fines on Commercial Banks Flouting Restriction on Cryptocurrency Transactions (See Names Of Banks)
The Central Bank of Nigeria (CBN) has imposed huge fines on some commercial banks which failed to effect the restriction on cryptocurrency transactions. In February 2021, the CBN …
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Business NewsFeatured
Mixed Reactions From Nigerian Crypto Traders As Binance Freshly Upgrades AML Mechanisms
Nigerians who invested in cryptocurrencies through one of the world’s biggest crypto exchanges, Binance Holdings Limited, are currently not smiling as their investments have been stuck and they …
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Binance Holdings Ltd., one of the world’s biggest crypto exchanges, said it restricted the personal accounts of some Nigerian users to comply with anti-money laundering regulations and ensure …