In Brief EFCC crypto convictions mark a significant anti-fraud milestone, beginning with the sentencing of two Chinese nationals linked to a foreign crime syndicate. …
#CryptoRegulation
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In Brief Nigeria’s fragmented crypto regulatory framework has drawn sharp criticism from the IMF, which warns of capital flight, FX instability, and increased security …
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Blockchain
Bank of Ghana Issues Mandatory Registration of All Virtual Asset Service Providers Operating in the Country
In Brief VASP registration is now mandatory in Ghana for all domestic and foreign crypto service providers operating in the country, with a deadline …
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Renowned asset exchange Quidax recently collaborated with Nigeria’s Securities and Exchange Commission to host a blockchain training series at Lagos’s prestigious Capital Club. The …
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In Brief FTX repayment freeze halts crypto distributions to 49 jurisdictions, including 16 African countries, due to restrictive digital asset regulations. African creditors in …
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In Brief Crypto Ponzi schemes are now explicitly illegal under ISA 2024, with operators facing up to ten years imprisonment and heavy fines. SEC Nigeria gains …
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In Brief VALR and MoonPay’s fiat on-ramp solutions support 34 currencies, democratizing crypto access for 1.3 million African users. Stablecoin adoption in Africa now …
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In Brief Busha Exchange’s proactive SEC engagement and compliance-first strategy secured its survival through Nigeria’s regulatory turmoil, earning it a provisional license. Features like …
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Stablecoins have solidified its stance as a blockchain finance solution, accounting for 43% of Africa’s total crypto transaction volume. In Brief Tether and Shiga …
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Markus Levin, co-founder of XYO, provides inspiring sentiments of the crypto industry, citing that in spite of the radical upswing of the market, the …