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Africa
P2P digital currency ban looming in Nigeria as central bank halts fintech account opening
Four leading fintech apps were directed to halt onboarding recently, and with the National Security Agency classifying digital currency as...
Nigeria’s blockchain industry banks on new digital currency friendly SEC chief
President Bola Tinubu appointed former capital markets tsar Emomotimi Agama as the SEC head at a time when the Nigerian...
Mauritania commissions Germany’s G+D to design CBDC
The prospective CBDC, called the digital ouguiya, will “advance the digital transformation” and boost financial inclusion in Mauritania, the central...
Nigeria’s central bank denies directive to freeze digital asset bank accounts
After news outlets reported on the directive supposedly issued to multiple banks, the Central Bank of Nigeria denied it amid...
South Africa issues digital currency licenses to Luno, VALR
The Financial Sector Conduct Authority announced in 2023 that all VASPs had to obtain a license or shut down by...
Nigerian police locate Binance exec in Kenya, but extradition might take years
Nigerian authorities have confirmed that Nadeem Anjarwalla, who escaped detention, is in Nairobi, but the East African nation says extradition...
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