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.
Nigeria
Latest stories and analysis of blockchain and digital assets developments in Nigeria.
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.
Paxful co-founder pleads guilty to AML conspiracy charges, faces prison time
The plea comes after a tumultuous year for the P2P bitcoin exchange, which temporarily suspended operations in 2023.
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.
Nigeria to launch AI and Blockchain research hub nationwide
Despite promising blockchain developments, it remains unclear how Nigeria plans to transform its policies and promises into tangible, productive endeavors.