NIGERIA News - Blockchain.News

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Nigeria Explores Stablecoin Amidst eNaira Challenges
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Nigeria Explores Stablecoin Amidst eNaira Challenges

Nigeria's central bank forms a task force to explore stablecoin adoption, questioning the future of eNaira as stablecoins gain traction in the country.

Nigeria's SEC Paves Way for Secure Cryptocurrency Market
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Nigeria's SEC Paves Way for Secure Cryptocurrency Market

Nigeria's SEC is enhancing Africa's largest crypto market with innovative regulations and blockchain intelligence, aiming for a secure and trusted ecosystem.

USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth
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USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

The US and Nigeria are set to discuss the digital economy, AI advancement, and economic ties at a conference in Abuja.

Binance Executives Face Tax Evasion Charges in Nigeria Amid Naira Manipulation Allegations
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Binance Executives Face Tax Evasion Charges in Nigeria Amid Naira Manipulation Allegations

Binance executives Tigran Gambaryan and Nadeem Anjarwalla face tax evasion and currency manipulation charges in Nigeria, with proceedings adjourned to April 19.

Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency
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Binance Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency

Binance is under heightened scrutiny in Nigeria, with allegations of contributing to the naira's devaluation, challenging the crypto exchange's regulatory dialogues.

Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns
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Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns

Binance must supply Nigerian user data to the EFCC as the Nigerian High Court cites money laundering risks, highlighting crypto's impact on the naira's stability.

Binance Ends Services for Nigerian Naira
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Binance Ends Services for Nigerian Naira

Binance announces the discontinuation of all services tied to the Nigerian Naira (NGN) as it navigates the evolving regulatory landscape.

Nigeria Seeks $10 Billion in Damages from Binance
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Nigeria Seeks $10 Billion in Damages from Binance

Nigerian government demands $10 billion from Binance, alleging cryptocurrency exchange's activities have adversely affected the Naira and the country's economy.

CBN Reports $26 Billion in Cryptocurrency Flows Through Binance Nigeria
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CBN Reports $26 Billion in Cryptocurrency Flows Through Binance Nigeria

CBN reveals $26 billion transacted through Binance Nigeria from unknown sources, raising concerns amid naira's decline and increasing regulatory actions.

Advancing Cryptocurrency Regulation in Nigeria: A Critical Necessity
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Advancing Cryptocurrency Regulation in Nigeria: A Critical Necessity

Adedeji Owonibi advocates for Nigerian cryptocurrency regulation to combat financial crimes and ensure the industry's security and scalability, addressing the complexities of tracking illicit transactions.

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