The Securities and Exchange Commission (SEC) has announced its intention to begin enforcement actions against individuals and businesses, including cryptocurrency exchanges, operating outside its regulations in Nigeria. This move, revealed by SEC Director-General
The crypto market saw a brief spike in volatility when Bitcoin fell below the $58,000 support level. The leading cryptocurrency settled at around $56,541, dropping over 1% on Friday morning, with a 5%
Nigerian Bitcoin advocate James Otudor has initiated legal proceedings against the Nigerian government’s restrictions on the ownership, use, and trade of Bitcoin, Tether (USDT), and other cryptocurrencies, as stated in an August 9
In August, the total losses from crypto-related scams surged to over $313 million, marking a significant increase in fraudulent activity within the industry. This data was disclosed by blockchain security firm Peckshield, which
The Securities and Exchange Commission (SEC) recently granted approval in principle to two cryptocurrency exchanges to encourage Nigerian youth participation in the capital markets. This was revealed by SEC Director General, Dr. Emomotimi
