Tether stablecoin sees increased usage in Africa since January — Chainalysis
This development confirms the growth in the USDT-dominated stablecoin market in Africa since 2022.
Nigeria
Latest stories and analysis of blockchain and digital assets developments in Nigeria.
Court sets Gambaryan free as Nigerian government withdraws charges
The EFCC asked the court to release the Binance executive, citing his failing health and behind-the-scenes diplomatic meetings between the Nigerian and United States governments.
Baxi, FairMoney, and KongaPay join Zone’s decentralized payment network
These fintechs follow the steps of other notable Nigerian tradfi banks in implementing Zone’s blockchain-based payments processing network
Detained Binance exec faces further delay in bail request as health falters
Test Despite Tigran Gambaryan’s condition worsening, his bail request is postponed. The court is still to decide on his medical release.
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.