Nigerian SEC grants provisional crypto licenses amid regulatory shift Crypto exchanges Quidax and Busha receive “Approval-in-Principle” as Nigeria takes steps towards regulating the crypto industry.
Herniated disc and handcuffs: Binance exec’s health deteriorates in Nigerian prison Binance disputes claims about its earnings in Nigeria, while legal battles intensify amid the six-month detention of employee, Tigran Gambaryan.
Binance exec in Nigerian prison denied access to legal team amidst worsening health Tigran Gambaryan’s legal team has not been allowed into the prison since July 26 while Gambaryan has suffered additional health complications.
Bank of Ghana issues draft guidelines for crypto regulation Ghana’s apex bank has also asked for input from members of the public while it moves closer to establishing digital asset rules.
Nigerian SEC mandates crypto firms to open local offices for regulatory sandbox participation Nigeria's SEC unveils strict requirements for crypto firms, including local presence and hefty penalties, as it seeks to regulate the burgeoning digital asset market amidst global challenges.
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.
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.