Global crypto-currency exchange, Binance, has recorded rapid growth in its South African customer base, reflecting rising adoption of digital assets across the country. The company said its local user numbers …
Cryptocurrency
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Bitcoin, Ethereum and other major cryptocurrencies have extended their sharp decline, with market watchers cautioning that the turbulence may not be over yet. Bitcoin, the world’s largest cryptocurrency by market …
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Nearly half a trillion dollars has been erased from the global cryptocurrency market in less than a week, as an aggressive selloff led by Bitcoin rattles digital asset investors. Data …
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BusinessCryptocurrencyDigital PaymentsGlobal FinanceTechnology
Visa Explores Stablecoin Integration to Strengthen Global Payments Network
Visa has said it is exploring how stablecoins can be integrated into its existing global payment systems as part of efforts to maintain its leadership position in the fast-changing digital …
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Banking, Finance & InvestmentBusinessCapital MarketCryptocurrencyCyber securityLegal Affairs
SEC to seize CBEX’s N1.3tr cash over ponzi scheme
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 …
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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 …