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Nigeria

Nigeria’s 10% digital asset tax gets mixed reactions
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16 June, 2023

Nigeria’s 10% digital asset tax gets mixed reactions

Some say the tax is an endorsement and legal recognition by the Nigerian government, but others say the tax is...
Binance Nigeria ordered to stop operations as CZ’s global exchange denies links
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13 June, 2023

Binance Nigeria ordered to stop operations as CZ’s global exchange denies links

Nigeria’s SEC ordered Binance Nigeria to halt operations as it’s unregistered, but the global exchange headed by Changpeng Zhao is...
IMF lauds eNaira in its 1-year assessment but cautions against intermediation
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25 May, 2023

IMF lauds eNaira in its 1-year assessment but cautions against intermediation

The International Monetary Fund says the eNaira has proven that a CBDC can work, but it says Nigeria has room...
Nigeria approves national blockchain policy following crackdown on digital assets
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8 May, 2023

Nigeria approves national blockchain policy following crackdown on digital assets

Nigeria sees its national blockchain policy as a gateway to open more jobs for its locals, promote digitization, and foster...
Nigeria SEC weighing allowing tokenized assets, ‘but not crypto’
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2 May, 2023

Nigeria SEC weighing allowing tokenized assets, ‘but not crypto’

The Nigerian securities regulator says it will allow exchanges to trade tokens backed by debt, equity, or property, but will...
Africa: Blockchain startups sees 429% surge in funding in 2022
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27 April, 2023

Africa: Blockchain startups sees 429% surge in funding in 2022

A new report reveals that Africa was the region with the highest growth in blockchain funding, with KuCoin and Scroll.io...
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