The former chief executive officer of Binance, the world's largest cryptocurrency exchange, is awaiting sentencing on money laundering charges. Prosecutors are pushing for a harsh sentence, recommending three years in
Nigeria
Nigerian President Bola Ahmed Tinubu has appointed Emomotimi Agama, a figure viewed favorably by the blockchain industry, as the new Director-General of the Securities and Exchange Commission (SEC). This appointment
Nitin3 weeks ago
Nigeria's burgeoning Web3 industry as the government's crackdown on cryptocurrency exchange Binance sends shockwaves through the sector. Investors are pulling back from deals and partnerships, particularly with Web3 startups, fearing
Nitin1 month ago
Nigerian cryptocurrency enthusiasts are divided over the government's request for Binance, a major cryptocurrency exchange, to disclose information about its top 100 users in the country. This move comes amid
Nitin2 months ago
Nigerian authorities are reportedly applying significant pressure on cryptocurrency exchange Binance. The crux of the issue lies in a request for user data on Binance's top 100 Nigerian users, along
Nitin2 months ago
Nigerian authorities detained two Binance executives shortly after they arrived in the country. This follows a period of escalating friction between the cryptocurrency exchange and the Nigerian government. The detentions
Nitin2 months ago
Binance's decision to halt all Nigerian naira (NGN) transactions on its platform. This move comes after months of increasing tension between the exchange and Nigerian authorities. The Central Bank of
Nitin2 months ago
Cryptocurrency exchange Binance has removed the Nigerian naira (NGN) from its peer-to-peer (P2P) platform, sparking concerns and speculation. This move comes amidst heightened scrutiny from Nigerian authorities who have accused
Nitin3 months ago