Global #nigeria

A new study by Chainalysis reveals that Sub-Saharan Africa is the third-fastest growing crypto market globally.

Nigeria's top markets regulator has signaled a significant shift in the country's stance on digital assets, particularly stablecoins, aiming to revive engagement with the crypto sector over a year after a sweeping crackdown.

In a significant shift, Nigeria, Africa’s largest oil producer, has decided to sell its crude oil in naira instead of US dollars. This decision, announced by the Federal Executive Council (FEC), marks a departure from decades of reliance on foreign currency for oil transactions, aiming to bolster the nation’s economic stability.

Tigran Gambaryan, the Chief Financial Crime Compliance Officer at Binance, has been detained in Nigeria for over six months amid allegations of money laundering linked to the exchange’s operations.

The Nigerian legal system is poised to take center stage in a high-stakes trial involving Binance, one of the world's largest cryptocurrency exchanges, and two of its executives.

Binance, a leading cryptocurrency exchange, is calling on the U.S. government and international bodies to intervene in the case of Tigran Gambaryan, a top executive who has been detained in Nigeria for the past six months.

Nigeria's Securities and Exchange Commission (SEC) is poised to make significant strides in the world of digital assets. According to a recent Bloomberg report, the SEC is set to introduce licensing requirements for virtual asset providers, including cryptocurrencies, with the first licenses expected to be issued as early as this month.

Nigeria's cryptocurrency market, one of the fastest-growing in recent years, may be on the brink of regulatory transformation.

In a surprising turn of events, Bitget Wallet has surged to the top of Nigeria's Apple App Store, outpacing popular apps like TikTok and WhatsApp.

Nigeria has commenced a comprehensive review of its national blockchain policy. This move is aimed at ensuring that the policy remains relevant and effective in light of the rapidly evolving technological and economic landscape.

Nigeria is taking a significant leap towards becoming a hub for tech innovation. The Federal Government, through the National Information Technology Development Agency (NITDA), has announced plans to establish research centers focused on cutting-edge technologies across the country's six geopolitical zones.

A high-ranking Nigerian official has called for the adoption of blockchain technology and artificial intelligence (AI) to combat illicit financial flows (IFFs) in the country.