South African taxman is cracking down on crypto traders: report
SARS is working closely with the South African Reserve Bank (SARB), along with international information exchanges on eliminating non-compliance.
Policy
KuCoin pauses P2P trading in Nigeria amidst regulatory concerns
The KuCoin suspension comes after the new Nigerian SEC chief hinted at a total ban on P2P trading.
P2P Crypto Trading in Nigeria: SEC Chief Hints at Ban
Acting Director General Emomotimi Agama, who met with the crypto community virtually, invoked patriotism and urged market participants to fish out naira manipulators.
Anti-graft agency gets court order to track Nigerians on Binance
The agency says it has evidence to believe that some Nigerians used Binance for illegal activities and manipulation of the foreign exchange market.
Nigerian official confirms the investigation of Binance
The Office of National Security Adviser (ONSA) “is coordinating an interagency investigation into the operations of Binance,” according to ONSA’s head of strategic communications, Zakari Mijinyawa.
Kenya moves to regulate cryptocurrency trading amid FATF grey listing
The East African country, added to FATF’s grey list last week, committed to reining crypto-related money laundering and terrorism financing risks.
First-ever South African crypto licenses are imminent: FSCA official
A pivotal moment for Africa’s crypto regulatory landscape as South Africa nears crypto license issuance.