Nigeria’s crypto crackdown: U.S. Congress pushes for Binance exec’s release from Nigerian prison
A bipartisan House resolution urges Nigeria to free Tigran Gambaryan, detained since February, citing health concerns and due process violations.
Crypto in Africa
97% of African countries struggle with crypto compliance: FATF
FATF’s latest review also reveals that 75% of jurisdictions globally fall short of crypto compliance.
Nigerian Binance users transact using fictitious names, CBN official testifies
Olubukola Akinwumi, a CBN deputy director, revealed how Nigerians trading on Binance use false names to hide their identities.
From rigid rules to flexible principles: South Africa’s approach to financial innovation
South Africa’s financial conduct regulator aims to foster innovation while protecting consumers, as crypto licensing efforts continue.
Binance vs Nigeria: A timeline of events as they unfold
From regulatory concerns to legal battles: Key events in the Binance-Nigeria saga and their impact on Africa's crypto landscape.
Crypto exchange KuCoin imposes 7.5% VAT on transaction fees for Nigerian users
This follows the suspension of KuCoin’s P2P service for Nigerians in May. The remittance process of the VAT is unclear.
South Africa grants 63 new crypto licenses
This brings the total approved crypto licenses in South Africa to 138. On- and off-ramp crypto service Kotani Pay is one of the newest licensees.