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.