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Bitcoin

The Bitcoin story: How a digital experiment became a global asset
The Bitcoin story: How a digital experiment became a global asset

Bitcoin has made remarkable strides, emerging as a decentralized digital currency designed to meet the growing demand for alternative financial systems.

Nigerian man begins crypto ATM network, government takes action after processing N5.5bn
Nigerian man begins crypto ATM network, government takes action after processing N5.5bn

A Nigerian man, Olumide Osunkoya, has been accused by the United Kingdom government of operating an illegal cryptocurrency network of ATMs and processing N5.5bn.

Nigerians to trade crypto oficially as SEC grants approval to operators
Nigerians to trade crypto oficially as SEC grants approval to operators

The Securities and Exchange Commission (SEC) has approved in principle four cryptocurrency platforms to official trade digital currencies in the country.

Luxury car manufacturer to start accepting Bitcoin, Ethereum, other cryptocurrencies as payment
Luxury car manufacturer to start accepting Bitcoin, Ethereum, other cryptocurrencies as payment

Italian luxury carmaker Ferrari said Wednesday its European dealers will start accepting cryptocurrency, following a similar move in the United States.

“We are discontinuing services": After Binance, another crypto firm ceases operations in Nigeria
“We are discontinuing services": After Binance, another crypto firm ceases operations in Nigeria

OKX, a major digital asset exchange, has announced it will halt all its operations in Nigeria as a result of increasing regulatory constraints...

Nigeria set to charge 7.5% VAT on crypto assets after banning Binance
Nigeria set to charge 7.5% VAT on crypto assets after banning Binance

The Nigerian government is set to begin charging VAT on cryptocurrency transactions, beginning July 2024, according to an email from KuCoin, crypto platform

“We Did Not Mention Bribe”:  Binance speaks on recent allegation involving Nigerian officials
“We Did Not Mention Bribe”:  Binance speaks on recent allegation involving Nigerian officials

The Cryptocurrency platform, Binance, has reiterated its position that some officials of the Nigerian government demanded payment to clear its case with the Nigeria

After Binance, FG moves to track other crypto sites to delist naira from P2P platforms
After Binance, FG moves to track other crypto sites to delist naira from P2P platforms

The Securities and Exchange Commission (SEC) has said it plans to roll out new rules to regulate the crypto industry in Nigeria and delist naira from P2P platforms.

Binance founder bags prison sentence amid clampdown in Nigeria
Binance founder bags prison sentence amid clampdown in Nigeria

The founder of Binance, a cryptocurrency exchange was sentenced to four months in prison after he confessed guilt to money-laundering charges last year.

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