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 …
cryptocurrency
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CryptocurrencyFinance & ServicesRegulationSecurityTechnologyWestern Africa
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AfricaBanking, Finance & InvestmentBusinessCryptocurrencyNigeriaPress ReleasesUncategorized
Breet Welcomes Balloranking As Its Newest Brand Ambassador
Breet, a leading cryptocurrency exchange platform, is thrilled to announce Balloranking, an Afrobeats sensation, as its official Brand Ambassador. This exciting collaboration, set to run for the next six months, …
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After a storming year in 2021, Bitcoin’s value declined significantly in 2022, dropping as low as $15,757 in November. The world’s largest cryptocurrency didn’t start the year well, having its worst …
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BusinessCryptocurrencyMarketsSouth Africa
cryptocurrency market maker Ovex cancelled FTX financial services license in South Africa
South African cryptocurrency market maker Ovex has cancelled and removed FTX as a juristic representative, cutting off the international exchange’s access to its local Financial Service Provider (FSP) license. “FTX …
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The amount of computing power dedicated to Bitcoin mining surged to a record as more companies made use of the energy and data center space freed up after the upgrade …
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AfricaBinanceCryptocurrencyGlobal NewsNewsNigeriaSouthern AfricaSpotlightTechnologyWestern Africa
Binance creates a new global Advisory Board, appoints two Africans
Leading cryptocurrency exchange, Binance, has announced the creation of a new Global Advisory Board (GAB). The new board is composed of well-known 11 members who are experts in public policy, government, …
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NFTMusk has launched a third-party MarketPlace that pays people to read cryptocurrency and NFT articles online. Speaking at the NFTMusk launch on May 7, 2022, NFTMusk Director, Marcus Wetys stated …
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Banking, Finance & InvestmentCryptocurrencySouthern Africa
South Africa’s central bank announces new development on cryptocurrency exchange, issues guidance
The South African Reserve Bank’s Prudential Authority has issued a guidance note to banks discouraging them from cutting off companies that offer cryptocurrency services. In a note signed by Prudential …
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AfricaBinanceCryptocurrencyEducationNigeriaWestern Africa
Binance takes blockchain education to northern Nigeria
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has collaborated with Edubox Global, a leading platform facilitating opportunities for the education of Africans, to launch a crypto education tour …
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Russia bans purchases made with cryptocurrency – but investments remain legal. Russian president Vladimir Putin has vowed to ban cryptocurrency payments with a new law that would make paying with …