DEEPSEEK
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
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
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
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
Binance is under heightened scrutiny in Nigeria, with allegations of contributing to the naira's devaluation, challenging the crypto exchange's regulatory dialogues.
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
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
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.
Over 1 Million Applicants Join Nigeria's 3MTT AI Program
Nigeria's 3MTT program, led by Bosun Tijani, is attracting over one million applicants, demonstrating the country's commitment to AI education and fostering a technologically skilled workforce.
Nigeria Plans to Regulate Digital Asset Platforms
Nigeria’s SEC is considering new regulations for digital asset platforms, allowing licensed digital exchanges to list tokens backed by certain assets. Cryptocurrencies like Bitcoin and Ether will not be among those assets. Nigeria aims to register fintech firms as digital sub-brokers, crowdfunding intermediaries, fund managers, and tokenized coins issuers. Crypto exchanges will not be registered until the central bank provides clear regulations.
