The Federal Inland Revenue Service (FIRS) plans to introduce a new law aimed at regulating the crypto sector in Nigeria.
According to BICCoN Chair Lucky Uwakwe, it is crucial for the Nigerian SEC to establish rules that define the asset class of crypto assets.
Nigeria is pivoting into AI as it is the first in Africa to launch a multilingual Large Language Model (LLM) application
The Nigerian Central Bank has entered into partnered with Gluwa to advance the adoption of its CBDC dubbed e-Naira
Binance had already imposed restrictions on Tether trading in Nigeria on February 20 in an effort to align with regulatory expectations.
Nigerian analysts are calling on the Securities and Exchange Commission (SEC) to create reforms that can support local crypto exchanges
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