Coverage of Nigeria’s crypto policy, P2P markets, fintech innovation, and Web3 entrepreneurship.
The Nigerian government has recently intensified its regulatory crackdown on crypto platforms in the country.
Oluwapelumi Adejumo 2 min read 
The wheelchair-bound Binance executive's trial was delayed again in Nigeria.
The resolution calls on the US government to take immediate action to secure Gambaryan's release.
The Nigerian Central Bank’s deputy director accused Binance of facilitating transactions involving Naira, violating regulations.
The new requirements are part of a broader initiative to ensure closer regulatory supervision and support for local market development.
Local stakeholders said the move suggest that there was room for further crypto growth in the country.
The SEC's directive comes amid increasing scrutiny and skepticism toward digital assets, which have exacerbated forex and economic issues in the country.
Nigerian authorities have resumed their case against the detained Binance executive.
Tigran Gambaryan is still held at the Kuje Prison by the Nigerian authorities.
