Earlier today, the IMF announced that Nigeria is a significant hub for stablecoin inflows in sub-Saharan Africa. The organization highlighted both the …
Tag:
Nigerias
-
-
Regulation
Local’s access to global crypto platforms could end under Nigeria’s proposed capital floor
by shayaanby shayaanNigeria’s Securities and Exchange Commission has proposed rules that would bring crypto businesses into its licensing perimeter when they operate in Nigeria, …
-
Regulation
Nigeria’s EFCC Pushes $9.2M Crypto Fraud Case Against Alleged Scammer After Bitcoin Transfer
by shayaanby shayaanEFCC Charges Suspect Over Crypto Fraud Nigeria’s anti-corruption agency has charged a man accused of orchestrating a multimillion-dollar crypto investment scam that …
-
Regulation
Nigeria’s Stablecoin Surge Strains Monetary Policy as Naira Weakens
by shayaanby shayaanThe International Monetary Fund (IMF) has raised concerns that Nigeria’s rapid adoption of dollar-pegged stablecoins is testing the limits of the country’s …
-
Finance
New Stablecoin Aims to Bring Regulatory Compliance to Nigeria’s Digital Economy
by shayaanby shayaanA coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange …