Bitcoin News / Bitcoin.com - 2 months ago
PRESS RELEASE. Lagos, Nigeria, 29th August 2024 – On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchang...
Bitcoin News / Bitcoin.com - 2 months ago
A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue Service, to include cryptocurrencies in the tax system. The CSOs believe this move will boost confidence in the crypto mar...
Bitcoin News / Bitcoin.com - 2 months ago
Binance CEO Richard Teng has said that Tigran Gambaryan, a former U.S. federal agent working for Binance, has been unjustly detained in Nigeria for six months. Teng reiterated claims that Gambaryan’s physical and mental health has deteriorated...
Bitcoin News / Bitcoinist - 2 months ago
Crypto exchange Binance is urgently appealing to the US government and global organizations to exert political pressure on Nigeria to secure the release of one of its top executives, Tigran Gambaryan, who has been “unjustly detained” for the past six...
Bitcoin News / Bitcoinist - 2 months ago
The Nigerian financial authorities recently announced their plan to overhaul the tax system to add crypto assets. The upcoming proposal, which aims to modernize the current policies and adapt to the evolving financial landscape, was praised by a Nige...
Bitcoin News / Bitcoin.com - 2 months ago
Tigran Gambaryan, a former U.S. federal agent and Binance executive, has now spent six months in Nigerian detention. Lawyers say he has been denied proper medical care, leading to severe health issues, including a herniated disc that has left him una...
Cryptocoins News / Finance Magnates - 2 months ago
A Nigerian judge will hear a money laundering case involving the cryptocurrency exchange Binance and two of its executives next week. The hearing was moved to an earlier date following a request by the defense. Originally scheduled for October 11, th...
Bitcoin News / Bitcoin.com - 2 months ago
During the first half of 2024, Google Search trends revealed a significant rise in interest in artificial intelligence (AI) in South Africa, Nigeria, and Kenya. Interest in AI grew by 150% in Kenya, 130% in Nigeria, and 120% in South Africa compared...
Bitcoin News / Bitcoin.com - 2 months ago
A recent Central Bank of Nigeria survey reveals that Nigerian businesses expect the naira to weaken further before strengthening in late 2024 or early 2025. This pessimism comes despite the CBN injecting millions into the forex market. The naira̵...
Bitcoin News / Bitcoinist - 2 months ago
The Nigeria crypto market has been one of the fastest-growing crypto regions in recent years; however, despite this growth, there appears to be no regulation. The latest report from Bloomberg has signaled a shift may finally be on the horizon. Accord...
Bitcoin News / Bitcoin.com - 2 months ago
Nigeria’s Securities and Exchange Commission (SEC) has announced that it has not yet issued any crypto licenses, contrary to some reports. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. This move fol...
Cryptocoins News / Finance Magnates - 2 months ago
Nigeria's financial regulator is preparing to license cryptocurrency exchanges. The country's Securities and Exchange Commission (SEC), headquartered in Abuja, is set to unveil its inaugural licenses for digital and tokenized assets this month, Bloom...
Bitcoin News / Bitcoin.com - 2 months ago
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax...
Bitcoin News / Google News Bitcoin - 3 months ago
Nigeria Blocks Jailed Binance Executive Tigran Gambaryan’s Legal Team& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 3 months ago
The Nigerian government has been urged to abandon a floating foreign exchange system and reintroduce subsidies in the power and energy, agriculture, and transportation sectors. In a communique, the Multidisciplinary Finance Professionals (MFP) said t...
Bitcoin News / Bitcoin.com - 3 months ago
The Central Bank of Nigeria (CBN) will reintroduce a foreign exchange auction system as part of efforts to ease pressure on the local currency. The CBN has called on authorized dealer banks to share their respective lists of outstanding forex demand...
Bitcoin News / Bitcoin.com - 3 months ago
Whatsapp, the social media platform owned by Meta Inc., has stated that it would be impossible to comply with additional demands from Nigeria’s consumer protection agency. The social media platform argues that the Nigerian agency’s order compelling i...
Bitcoin News / Bitcoin.com - 3 months ago
Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the e-na...
by COINS NEWS - 3 months ago
Nigeria was once a crypto hotbed, with young, tech-savvy individuals flocking to digital currencies for a shot at quick gains and a hedge against inflation. The vibrant enthusiasm for cryptocurrencies spread like wildfire among the youth, who s...
Bitcoin News / Bitcoinist - 3 months ago
Nigeria is making news in the IT business with a new project that aims to teach 1,000 young people a year about artificial intelligence (AI) and blockchain technologies. This forward-looking project is part of Nigeria’s broader National Digital...
by COINS NEWS - 3 months ago
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Bitcoin News / Bitcoin.com - 3 months ago
The Federal Government of Nigeria has launched an initiative to train 1,000 Nigerians annually in artificial intelligence (AI), blockchain, and other cutting-edge technologies. The program, called the “AI Expertise Blockchain and Technology Tra...
Bitcoin News / Bitcoin.com - 3 months ago
The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in 14 African countries and six non-African states. Mercury CEO Immad Akhund stated that this decision impacts customers wh...
Bitcoin News / Bitcoin.com - 3 months ago
Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta (formerly Facebook) $220 million for alleged data privacy violations. The investigation centered on Whatsapp LLC and Meta’s failure to allow users to consent to t...
Bitcoin News / Google News Bitcoin - 3 months ago
Nigeria's Self-Proclaimed Crypto Billionaire Released From Police Custody& & Bitcoin.com News
