NITDA issues warning to Nigerians about cryptocurrency giveaway scam
Scammers actively target victims by sharing videos of fake cryptocurrency giveaways featuring notable names and organizations.
Kenya
Kenya’s Interior Minister claims the U.S. prevented the arrest of Worldcoin executives
In a conflicting statement, a Worldcoin representative debunked the news, saying no executives were detained in Kenya.
Crypto scam alert: Argo Blockchain does not have Nigerian and Kenyan entities
Argo-Coin and Argo Kenya have been taking money from Nigerians and Kenyans to invest in Bitcoin mining equipment and earn outrageous ROIs
Kenya’s Interior Minister hints at possible cryptocurrency ban
Kithure said that if the money in crypto trading cannot be traced until it enters a financial institution, he would hesitate to permit its use.
Nigeria received nearly $60 billion in crypto value in a year
Overall, Sub-Saharan Africa received $117.1 billion in crypto value between July 2022 and June 2023, according to data from blockchain analytics firm Chainalysis.
Bitcoin Dada receives a $10,000 donation from Samara Asset Group
Bitcoin Dada hopes to increase women’s participation in bitcoin by creating a more equitable and inclusive financial system in Africa and beyond.
Kenya’s digital asset tax: death knell for crypto adoption?
The Kenyan government passed the Digital Assets Tax into law, mandating crypto users to pay a 3% tax anytime they exchange an asset.