Binance vs Nigeria: A timeline of events as they unfold
From regulatory concerns to legal battles: Key events in the Binance-Nigeria saga and their impact on Africa's crypto landscape.
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Crypto exchange KuCoin imposes 7.5% VAT on transaction fees for Nigerian users
This follows the suspension of KuCoin’s P2P service for Nigerians in May. The remittance process of the VAT is unclear.
Worldcoin to resume operations as Kenyan police drop investigations
The company has turned its fortunes around despite recommendations of a total shutdown and legal actions against it in Kenya.
USDT issuer Tether partners NODO for stablecoin education in Africa
The partnership comes amid an intensifying battle for stablecoin market share in Africa. Last year, stablecoin volume exceeded $30 billion.
Jailed Binance exec still awaits medical care despite court order
Tigran Gambaryan, who has been detained for three months, has malaria and a throat infection, according to his wife.
Paxful partners with Onramp.Money to Introduce fiat-to-cryptocurrency service in Kenya
The Paxful-Onramp.Money link-up lets users buy crypto instantly with local money in 30 regions. Paxful says the deal improves liquidity on its platform.
KuCoin pauses P2P trading in Nigeria amidst regulatory concerns
The KuCoin suspension comes after the new Nigerian SEC chief hinted at a total ban on P2P trading.