Regulation
Local’s access to global crypto platforms could end under Nigeria’s proposed capital floor
Exchanges and custodians would need ₦2 billion in capital, while foreign-currency stablecoins face 120% backing.
Liam 'Akiba' Wright 3 min read
Nigeria News
Coverage of Nigeria’s crypto policy, P2P markets, fintech innovation, and Web3 entrepreneurship.
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Stablecoins
Ripple gives RLUSD a MiCA foothold in Europe and route into African payments – but is volume there?
The company is trying to turn its dollar token into commercial payment infrastructure by securing distribution in Africa and regulatory access in Europe.
Stablecoins
Nigeria SEC welcomes stablecoin innovation while ensuring compliance
SEC’s backing provides much-needed clarity for stablecoin businesses amidst Nigeria's evolving regulations.
Latest Nigeria Crypto News & Analysis
Crime
Nigerian investors blindsided by massive CBEX Ponzi scheme
CBEX collapse highlights how Ponzi schemes exploit vulnerable investors with false promises of wealth.
Legal
Nigerian court postpones Binance tax evasion trial to April 30
The court granted the adjournment to enable the Nigerian Federal Inland Revenue Service to respond a Binance motion on the case.
Exchanges
Nigeria demands $81 billion from Binance in unprecedented tax and penalty blitz
The FIRS alleged that Binance violated Nigerian income tax laws, causing economic damage through tax evasion.
Regulation
Nigeria reportedly advances crypto tax plan while grappling with Binance dispute
Nigeria's crypto tax policy could reshape the digital asset landscape amid high adoption rates.
People
Tigran Gambaryan claims Nigerian officials targeted Binance to distract from economic scandals
Former Binance executive claims Nigerian authorities prioritize scapegoating over addressing governmental corruption.
Regulation
Nigerian SEC warns influencers of new 3 year jail term for promoting ‘unlicensed’ crypto
Nigeria toughens crypto oversight by banning anonymous coins and urging stricter control over asset promotions.
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Adoption
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Regulation
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Culture
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Legal