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 will drag on.
Nigerian authorities have confirmed that Nadeem Anjarwalla, who escaped detention, is in Nairobi, but the East African nation says extradition will drag on.
Kenya joins neighbors Tanzania and Sudan and regional heavyweights South Africa and Nigeria on the grey list, with digital assets among the FATF’s concerns.
Stakeholders in the sector claim that the bill is quick to impose taxes and creates extra bureaucracy without any meaningful regulations for AI and robotics.
Apollo discussed how BitLipa uses stablecoins to ease cross-border transfers and how blockchain is weeding out corruption and more on CoinGeek Backstage.
Zach Marks, co-founder and CEO of Jia, shared that this development represents the tangible impact the company is making in the lives of small businesses in emerging markets.
Nigeria added the two East African countries to neighbors Togo and Benin, saying they offer fake degrees—Dr. Catherine Lephoto says blockchain is the solution.
Digital assets came of age in 2023, moving beyond speculation and impacting remittances and payments as regulators started getting a grip on the industry.
Suspended and accused of espionage, Worldcoin has since engaged with the Kenyan government and is set to return in 2024, according to one government source.
The bill which received the backing of the finance committee in the Kenyan parliament categorizes digital assets as securities and pushes for taxation.
The Blockchain Association of Kenya met with parliament’s finance committee to discuss digital taxes, the lack of regulations and the central bank’s ‘crypto’ oversight.
Digital Nigeria will be the biggest blockchain event this year, says Apollo Eric, whose keynote speech will address blockchain disruption and the rise of a new industry.
An ad-hoc committee probing Worldcoin called on the country’s regulators to shut down the project within seven days, including blacklisting its IP addresses.