Nigeria

Nigeria’s government is blaming Binance for its own mismanagement

Binance, Nigeria /

Nigeria’s government is blaming Binance for its own mismanagement 2024-04-11 at 20:01 By Cointelegraph by Nicholas Anthony Nigeria’s currency is collapsing because of financial mismanagement. Now, two Binance employees have been entangled in the government’s search for scapegoats. This article is an excerpt from Cointelegraph.com News View Original Source

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Arrested Binance exec pleads not guilty to charges in Nigeria

Binance, Bitcoin Regulations, court, Cryptocurrency Exchange, law, Nigeria, Tigran Gambaryan /

Arrested Binance exec pleads not guilty to charges in Nigeria 2024-04-08 at 16:01 By Cointelegraph by Helen Partz Nigerian court rejected Tigran Gambaryan’s defense argument and ruled that he acted as Binance’s representative in past trips to Nigeria. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance exec’s legal case in Nigeria adjourned until April 19

Binance, law, Nigeria, regulation, Taxes /

Binance exec’s legal case in Nigeria adjourned until April 19 2024-04-04 at 20:02 By Cointelegraph by Turner Wright Tigran Gambaryan has been detained in Nigeria since March after coming to address concerns about Binance allegedly manipulating the naira. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance and its detained US exec face more charges in Nigeria

Binance, Cryptocurrency Exchange, Nigeria /

Binance and its detained US exec face more charges in Nigeria 2024-04-03 at 16:01 By Cointelegraph by Helen Partz Amid Nigerian authorities pressing more charges against Binance, the exchange issued a statement urging the regulators to let go of its U.S. exec Tigran Gambaryan. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance exec seeks redress over Nigeria detention, demands apology

Cryptocurrencies, Cryptocurrency Exchange, Government, law, Nigeria /

Binance exec seeks redress over Nigeria detention, demands apology 2024-03-29 at 10:02 By Cointelegraph by Amaka Nwaokocha Gambaryan’s lawyer requested an adjournment for the NSA and EFCC to respond, which was granted by the judge, who postponed the case to April 8. This article is an excerpt from Cointelegraph.com News View Original Source

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Nigerian crypto fee hike invitation for crypto ‘big boys’ — NoOnes CEO

Cryptocurrencies, Cryptocurrency Exchange, Government, Nigeria, Ray Youssef /

Nigerian crypto fee hike invitation for crypto ‘big boys’ — NoOnes CEO 2024-03-24 at 13:01 By Cointelegraph by Amaka Nwaokocha Ray Youssef remains optimistic about Nigeria’s chance of maintaining its position in the crypto ecosystem despite recent regulation challenges. This article is an excerpt from Cointelegraph.com News View Original Source

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Nigerian court orders Binance to disclose all user data

Binance, Cryptocurrencies, Cryptocurrency Exchange, Government, Nigeria, Tokens /

Nigerian court orders Binance to disclose all user data 2024-03-20 at 10:01 By Cointelegraph by Amaka Nwaokocha In the motion, the lawyer representing the anti-graft agency contended that Binance’s activities in Nigeria contain elements of criminality. This article is an excerpt from Cointelegraph.com News View Original Source

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AI Act and stablecoin regulations in the EU, 30% crypto mining tax in the US: Law Decoded

Binance, Dubai, Europe, European Union, MiCA, Nigeria, SEC, Stablecoin, United States /

AI Act and stablecoin regulations in the EU, 30% crypto mining tax in the US: Law Decoded 2024-03-18 at 22:00 By Cointelegraph by David Attlee The European Parliament granted final approval to the European Union’s artificial intelligence law, one of the world’s first set of comprehensive AI regulations. This article is an excerpt from Cointelegraph.com

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Biden pressured to intervene in U.S. citizens’ detention by Nigeria

Binance, Cryptocurrencies, Government, law, Nigeria, Tokens, United States /

Biden pressured to intervene in U.S. citizens’ detention by Nigeria 2024-03-16 at 14:39 By Cointelegraph by Amaka Nwaokocha The Chamber of Digital Commerce believes that Gambaryan’s detention is arbitrary, without due process, and presents a significant challenge to international law norms and diplomatic relations. This article is an excerpt from Cointelegraph.com News View Original Source

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Nigerian SEC seeks to raise crypto exchange registration fee

Cryptocurrencies, Cryptocurrency Exchange, Government, law, Nigeria, SEC /

Nigerian SEC seeks to raise crypto exchange registration fee 2024-03-16 at 09:58 By Cointelegraph by Amaka Nwaokocha Under the updated guidelines, digital asset exchanges and custodians must pay an application fee of 300,000 naira ($186), up from the previous 100,000 naira ($62). This article is an excerpt from Cointelegraph.com News View Original Source

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Nigerian crypto community split over government’s bid for Binance user data

Binance, Cryptocurrencies, Cryptocurrency Exchange, Government, law, Nigeria /

Nigerian crypto community split over government’s bid for Binance user data 2024-03-14 at 12:05 By Cointelegraph by Amaka Nwaokocha Chukwumaeze Dike, a crypto enthusiast and cybersecurity specialist, said he finds the request for the top 100 users surprising and doubts Binance will comply. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance says it trained investigators in Nigeria under government cooperation

Binance, Nigeria /

Binance says it trained investigators in Nigeria under government cooperation 2024-03-13 at 19:02 By Cointelegraph by Ana Paula Pereira The relationship between Binance and the Nigerian government has drastically changed in recent months, according to a recent blog post from the crypto exchange. This article is an excerpt from Cointelegraph.com News View Original Source

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Nigeria presses Binance for user data on 100 top local users

Binance, Cryptocurrencies, Naira, Nigeria /

Nigeria presses Binance for user data on 100 top local users 2024-03-13 at 12:01 By Cointelegraph by Helen Partz Nigeria may seek a $10 billion fine from Binance as retribution as the country believes they “really messed up” the local economy. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance execs detained in Nigerian capital despite country exit

Africa, Binance, Naira, Nigeria /

Binance execs detained in Nigerian capital despite country exit 2024-03-12 at 13:04 By Cointelegraph by Helen Partz Senior Binance execs Tigran Gambaryan and Nadeem Anjarwalla have been detained at a government property since Feb. 26. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance exit sparks fears and opportunities in Nigeria’s crypto community

Binance, Cryptocurrencies, Cryptocurrency Exchange, Government, Nigeria, Tokens /

Binance exit sparks fears and opportunities in Nigeria’s crypto community 2024-03-10 at 14:01 By Cointelegraph by Amaka Nwaokocha According to local crypto stakeholder Nathaniel Luz, Nigeria’s crypto ecosystem will see the rise of new crypto exchanges that will fill the vacuum created by Binance’s exit. This article is an excerpt from Cointelegraph.com News View Original

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Stakeholder urges swift implementation of Nigeria’s blockchain policy

Government, Nigeria, Technology /

Stakeholder urges swift implementation of Nigeria’s blockchain policy 29/11/2023 at 16:02 By Cointelegraph By Amaka Nwaokocha SiBAN president Obinna Iwuno stressed the necessity of establishing a forward-thinking regulatory framework to accelerate the infusion of blockchain technology into diverse sectors of the economy. This article is an excerpt from Cointelegraph.com News View Original Source

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Nigeria’s Patricia Technologies relieved as arrest made in crypto wallet heist

crimes, Cryptocurrencies, Cryptocurrency Exchange, Nigeria /

Nigeria’s Patricia Technologies relieved as arrest made in crypto wallet heist 25/11/2023 at 12:02 By Cointelegraph By Amaka Nwaokocha The Nigerian Police Force spokesperson said in the statement that Ambassador Wilfred Bonse has been arrested concerning the theft, conversion of cryptocurrency wallets, and unauthorized fund diversion from Patricia Technologies Limited. This article is an excerpt

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Nigeria’s NITDA advocates AI integration in payments for global recognition

Central Bank, Nigeria, Technology /

Nigeria’s NITDA advocates AI integration in payments for global recognition 24/11/2023 at 12:02 By Cointelegraph By Amaka Nwaokocha National Information Technology Development Agency chief, Kashifu Inuwa Abdullahi, said it’s crucial to take proactive measures to harness AI benefits and mitigate threats. This article is an excerpt from Cointelegraph.com News View Original Source

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