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Nigeria

Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review
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4 January, 2023

Digital asset adoption, CBDC efforts, new laws and more: Africa’s 2022 in review

Morocco lifted the ban on digital assets, Kenya is now taxing Bitcoin, Nigeria drafted its first law recognizing Bitcoin, Zambia...
Nigeria to legalize digital assets with new bill
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24 December, 2022

Nigeria to legalize digital assets with new bill

The bill recognizes digital assets and gives the apex bank and SEC jurisdiction over the sector, months after CBN banned...
Africa ready to use blockchain to leapfrog other regions: NITDA’s Kashifu Inuwa on CoinGeek Backstage
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7 December, 2022

Africa ready to use blockchain to leapfrog other regions: NITDA’s Kashifu Inuwa on CoinGeek Backstage

Africa has lagged behind other regions in the development of legacy systems, but with its rapid blockchain adoption, it can...
We support digital assets, not ‘crypto,’ Nigeria’s SEC says
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5 December, 2022

We support digital assets, not ‘crypto,’ Nigeria’s SEC says

The securities regulator says it will not include ‘crypto’ in its regulatory framework until it’s better regulated, despite Nigeria being...
Africa must regulate the digital asset industry, IMF says
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1 December, 2022

Africa must regulate the digital asset industry, IMF says

IMF says Africa stands at great risk if it fails to rein in its Bitcoin industry—the fastest growing globally—especially for...
BIS: African central banks pushing for CBDCs, but their motivation differs from other regions
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30 November, 2022

BIS: African central banks pushing for CBDCs, but their motivation differs from other regions

Bank for International Settlements found that payment system efficiency is the key motivator, but unlike other regions, African central banks...
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