nigeria News and Articles

The Nigerian Securities and Exchange Commission (SEC) has published new rules for regulating cryptocurrencies, which classified them as securities. According to the 54-page document, digital assets are analogous to a stock or an issuer's debt claim. “Cryptocurrencies are by default administered...

It became known that the largest crypto exchange Binance has introduced restrictions for users from Nigeria over the past few days. In total, more than 280 accounts were blocked, according to a letter from the administration of the trading platform addressed to the crypto community from this...

Adamu Lamtek, a senior exec of Nigeria's Central Bank (CBN) informed that cryptocurrency trading isn't prohibited in the republic. In February CBN directed banks to shut down accounts that perform crypto operations. This raised a lot of discussions among the people interested in crypto. Explaining...

Nigerian financial authority, the country's Central Bank published a letter on February 5, in which commended regulated financial establishments to shutter accounts engaged in cryptocurrency-involved activities. In the paper, CBN informed that financial institutions will identify individuals and...

Nigeria and Cuba topped the October ranking of the countries whose residents were most interested in Bitcoin on the Internet. That is evidenced by the latest data from the Google Trends service. The greatest surge in the activity of Internet users was observed in the second half of October when BTC...

The Securities and Exchange Commission of Nigeria announced that all virtual currencies are securities for forfeit. The assertion was signed on Friday. It says that crypto proposes additional investment methods for people and needs to be managed to guarantee contributor safety and trading...