Nigeria issues 30-day deadline for crypto firms to re-register under new regime
The SEC's directive comes amid increasing scrutiny and skepticism toward digital assets, which have exacerbated forex and economic issues in the country.
Latest updates on crypto innovation, adoption, and regulation across Africa’s growing digital asset ecosystem.
Tigran Gambaryan is still held at the Kuje Prison by the Nigerian authorities.
Gambaryan continues to face money laundering charges from the Nigerian authorities.
The initiative seeks to map and regulate the crypto landscape, inviting insights from local and global firms.
The Nigerian government maintains Gambaryan and Binance would be allowed to themselves in court.
The lawmakers argued Gambaryan is being held as part of a coercion tactic by the Nigerian government to extort Binance.
The agreeement is expected to attract $80 million in foreign investments.