Nigeria’s SEC announces regulatory sandbox for crypto firms
The country’s capital market regulator wants to fast-track the onboarding of crypto providers pending the establishment of digital asset rules.
Sam Adeyemo
Exclusive: Davido received $30K to launch meme coin, influencer claims
Meme coin creator Sahil Arora said he is behind $DAVIDO, the new meme coin promoted by Afrobeat star Davido.
Mariblock restarts operations following a two-month hiatus
The company, which ran almost entirely out of the lead editor’s savings, defaulted on salaries and suspended operations temporarily while seeking funding.
Anti-graft agency gets court order to track Nigerians on Binance
The agency says it has evidence to believe that some Nigerians used Binance for illegal activities and manipulation of the foreign exchange market.
Binance ends naira support in Nigeria amidst regulatory pressure
Users can still trade crypto but need other services to deposit/withdraw naira
Nigerian official confirms the investigation of Binance
The Office of National Security Adviser (ONSA) “is coordinating an interagency investigation into the operations of Binance,” according to ONSA’s head of strategic communications, Zakari Mijinyawa.
Power play: Bitcoin miners flock to Ethiopia for low-cost electricity
The East African country hopes to earn much-needed foreign exchange by providing electricity to these mining companies.