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.
Policy
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.
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.
Scoop: South Africa announces 30 investigations into crypto activities
FSCA has formed a special team to probe unlicensed crypto services amid ongoing regulatory efforts. 30 cases are under scrutiny as South Africa seeks to balance innovation and compliance.
Nigeria’s SEC announces regulatory sandbox for crypto firms
The country’s capital market regulator wants to fast-track the onboarding of crypto providers pending the establishment of digital asset rules.
Nigerian SEC to leverage blockchain for capital markets
Dr. Agama’s latest comments come amidst uncertainties in the Nigerian crypto space. A Binance executive remains in detention in Nigeria.