The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the immediate freezing of bank accounts linked to Crypto Bridge Exchange (CBEX) and 25 …
Cryptocurrency
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Banking, Finance & InvestmentBusinessCapital MarketCryptocurrencyCyber securityLegal Affairs
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BusinessCapital MarketCryptocurrencyEconomyFinanceRegulation
SEC Raises Alarm Over Nigerians’ Shift to Cryptocurrency
The Securities and Exchange Commission (SEC) has expressed growing concern over the rising preference of Nigerians for cryptocurrency trading instead of investing in the country’s traditional capital market. The Director-General …
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AfricaCryptocurrencyEconomyFinanceInnovationINVESTMENTLawTechnology
Kenya Passes Landmark Bill to Regulate Cryptocurrencies and Digital Assets
Kenyan lawmakers have approved a new bill to regulate digital assets such as cryptocurrencies, marking a major step towards providing legal clarity for the country’s growing financial technology sector. The …
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CryptocurrencyEconomyEducationFinanceInnovationTechnology
Bitget Brings Blockchain and Stock Investing Education to Lagos Investors
Universal exchange platform, Bitget, has taken its blockchain and stock investing education programme to Lagos, offering Nigerian investors a chance to better understand cryptocurrencies, tokenised assets, and global market opportunities. …
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Capital MarketCryptocurrencyFinanceFintechGlobal DevelopmentGovernment PolicyInternational
UK, US Launch Transatlantic Taskforce to Boost Capital Market Access and Crypto Regulation
The governments of the United Kingdom and the United States have set up a new body to reduce barriers for companies trying to raise funds in both countries’ capital markets …
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CryptocurrencyEconomyFinanceTechnology
Stablecoins Projected to Dominate Nigerian Business Transactions in Coming Years
Stablecoins are expected to play a leading role in Nigerian business transactions within the next one to three years, according to Zabira Technologies, a digital assets exchange platform. The company …
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AfricaBusinessCryptocurrencyEconomyFinanceTechnology
Nigerian Tech Entrepreneur Danny Oyekan Launches DollarCoin to Tackle Inflation
Blockfinex, an international cryptocurrency exchange founded by Nigerian tech entrepreneur Danny Oyekan, has introduced a new digital currency called DollarCoin. The currency was unveiled as part of efforts to create …
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BlockchainCryptocurrencyEconomyFinanceINVESTMENTNigeriaTechnology
Bitget Launches Tokenised Stocks and Real-World Assets for Nigerian Investors
Cryptocurrency exchange and Web3 company, Bitget, has announced the introduction of tokenised stocks and real-world assets (RWAs) on its platform, giving Nigerian investors direct access to some of the world’s …
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CrimeCryptocurrencyFinance & ServicesNigeriaRegulation
West Africa Lost $2.1 Billion to Crypto Crimes in 2024
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has raised alarm over rising cases of fraud linked to cryptocurrency and digital assets across West Africa, saying …
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CryptocurrencyFinance & ServicesRegulationSecurityTechnologyWestern Africa
SEC Raises Alarm over $2.1bn Suspicious Crypto Deals in West Africa
The Director-General of the Securities and Exchange Commission (SEC) Nigeria, Dr. Emomotimi Agama, has raised concern over the sharp rise in suspicious cryptocurrency-related transactions across West Africa. Speaking at the …