Bitcoin News / Bitcoin.com - 5 months ago
The Nigerian securities regulator warned residents against investing in a meme coin linked to singer and celebrity Davido. The regulator described the meme coin as a highly risky investment, saying investors who invest in it do so at their own risk....
Bitcoin News / Bitcoin.com - 5 months ago
Nigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the cryptocurrency exchange appointed a local representative to represent it in ongoing court cases. Following the decision...
Bitcoin News / Bitcoinist - 5 months ago
In a significant turn of events, Nigeria has withdrawn tax evasion charges against two executives from Binance, the world’s largest cryptocurrency exchange. According to Reuters, the decision came after Binance appointed a local representative...
Cryptocoins News / Finance Magnates - 5 months ago
Today (Friday), Nigeria dropped tax evasion charges against two Binance executives following the appointment of a local representative by the crypto exchange to handle legal proceedings. Tigran Gambaryan, a US citizen and Head of Financial Crimes Com...
Bitcoin News / Bitcoin.com - 5 months ago
In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’ claims that Tigran Gambaryan, an imprisoned Bi...
Bitcoin News / Bitcoin.com - 5 months ago
In the northern states of Katsina and Borno, residents are increasingly interested in the meme coin dogecoin. Meanwhile, in Delta State, known for its financial services leaders, bitcoin garners significant attention. A Nigerian lawyer has called on...
Bitcoin News / Bitcoin.com - 5 months ago
Nigeria’s decision to halt naira trading on cryptocurrency exchanges is likely to worsen matters for its volatile currency,” an associate professor at the University of East London has argued. The associate professor said Nigeria can effectively regu...
Bitcoin News / Bitcoin.com - 5 months ago
A Nigerian payments company recently announced the launch of a blockchain-powered point-of-sale payment gateway. This gateway facilitates transaction routing to issuers and aims to prevent chargebacks or chargeback fraud by promptly reimbursing custo...
Bitcoin News / Bitcoin.com - 5 months ago
A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government of wrongfully detaining Tigran Gambaryan. The lawmakers have asked the Biden Administration to transfer Gambaryan’...
Bitcoin News / Bitcoin.com - 5 months ago
The Economic and Financial Crimes Commission (EFCC) in Nigeria has announced a 5% reward for whistleblowers who provide credible information leading to the prosecution of offenders involved in naira abuse. Dele Oyewale, the EFCC spokesman, emphasized...
Cryptocoins News / Finance Magnates - 5 months ago
US lawmakers have accused Nigeria of holding Binance's executive hostage and called for President Joe Biden to intervene and secure the executive's release, Bloomberg reported.In a recent letter, sixteen Republican congressmen, led by Michael McCaul,...
Bitcoin News / Bitcoin.com - 5 months ago
Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing bitcoin in response to a social media post...
Bitcoin News / Google News Bitcoin - 5 months ago
Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under a Satoshi – Bitcoin ...& & Bitcoin.com News
Bitcoin News / Google News Bitcoin - 5 months ago
Nigeria's interest in Bitcoin unfazed by regulatory restrictions& & Cointelegraph
Bitcoin News / Bitcoin.com - 5 months ago
Nigerian artist Davido has been accused of perpetrating an “outright scam” after pocketing over $468,000 from selling his recently launched meme coin. A prominent Nigerian crypto enthusiast claims Davido’s actions create problems for many...
Cryptocoins News / CoinJournal - 5 months ago
Davido’s $DAVIDO token launch triggers pump-and-dump suspicions. Critics cite past involvement in promoting questionable crypto projects. Debate intensifies over the impact of celebrity-backed meme coins. Nigerian superstar Davido finds himse...
Bitcoin News / Bitcoin.com - 5 months ago
The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency and warned that the country’s unclear position could be costing the country. The committee also urged the government of Bola Tinubu to develop the capita...
Bitcoin News / Google News Bitcoin - 5 months ago
Nigerian Senate Committee: Regulated Crypto Trading a Boost for Local Currency – Africa Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 5 months ago
The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social events, emphasizing that it diminishes the dignity of the currency. In a recent post on its official X page, the Nigerian...
Bitcoin News / Bitcoin.com - 5 months ago
The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new licen...
by COINS NEWS - 5 months ago
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Bitcoin News / Bitcoinist - 5 months ago
In a surprising turn, Tigran Gambaryan, a detained executive from the world’s largest cryptocurrency exchange, Binance, collapsed during a court session at the Federal High Court in Abuja, Nigeria. Gambaryan, facing money laundering charges, e...
Bitcoin News / Bitcoin.com - 5 months ago
The Nigerian Correctional Service recently faced accusations of failing to bring Tigran Gambaryan, a jailed Binance executive, to a court hearing on May 22. A lawyer representing the Nigerian revenue collection agency subsequently requested the court...
Bitcoin News / Bitcoin.com - 5 months ago
The Director-General of the National Information Technology Development Agency in Nigeria announced on May 21 that new stakeholders have joined the blockchain steering committee. Malam Kashifu Inuwa stated that new members were incorporated to ensure...
Bitcoin News / Bitcoin.com - 5 months ago
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster m...
