Brief: Nigerian lawmakers push for crypto regulation
This comes amidst a topsy-turvy crypto regulatory environment in the West African country, marked by a significant crackdown on P2P trading.
Crypto in Africa
P2P Crypto Trading in Nigeria: SEC Chief Hints at Ban
Acting Director General Emomotimi Agama, who met with the crypto community virtually, invoked patriotism and urged market participants to fish out naira manipulators.
Binance ends naira support in Nigeria amidst regulatory pressure
Users can still trade crypto but need other services to deposit/withdraw naira
Kenya moves to regulate cryptocurrency trading amid FATF grey listing
The East African country, added to FATF’s grey list last week, committed to reining crypto-related money laundering and terrorism financing risks.
Power play: Bitcoin miners flock to Ethiopia for low-cost electricity
The East African country hopes to earn much-needed foreign exchange by providing electricity to these mining companies.
First-ever South African crypto licenses are imminent: FSCA official
A pivotal moment for Africa’s crypto regulatory landscape as South Africa nears crypto license issuance.
How cryptocurrency is empowering global economic inclusion
Crypto is driving global economic inclusion by connecting individuals in emerging markets to opportunities that were previously inaccessible.