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Nalezeno "nigeria": 903

Nigerian SEC announces new rules, compliance program for digital assets

21.6.2024
While this application process is intended to improve compliance, VASPs are directed to complete it no later than 30 days from the circular date

U.S. Lawmakers Visit Detained Binance Exec in Nigeria, Call for Release

21.6.2024
The two House members said Tigran Gambaryan is being wrongfully detained and should be freed

Binance exec legal battle escalates amid US-Nigeria tug of war

21.6.2024
Binance executive Tigran Gambaryan’s wife expressed her confusion about why the Nigerian law enforcement agency cannot release her husband based on the Federal Inland Revenue Service rebuttal

Trump Champions Bitcoin Mining, Vietnamese Increase Gold Buying, and More — Week in Review

16.6.2024
Former U.S. President Donald Trump expressed support for the bitcoin mining industry, advocating for producing the remaining bitcoin in the U.S. to enhance national energy dominance. Vietnam sees increased interest in gold bullion purchases due to favorable prices at state-owned banks. New York...

Nigeria Drops Tax Evasion Charges Against Binance Executives

15.6.2024
Nigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the cryptocurrency exchange appointed a local representative to represent it in ongoing court cases. Following the decision, Binance stated that it awaits the court’s...

Nigerian officials drop some charges against detained Binance exec

14.6.2024
The next court dates in Tigran Gambaryan's case are scheduled for June 19-20, according to family spokespeople

Nigeria Drops Tax Charges Against Binance Executives

14.6.2024
The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case

Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover

11.6.2024
In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’ claims that Tigran Gambaryan, an imprisoned Binance executive, is being held hostage by...

Nigerian Interest in Crypto Persists Despite Crackdown; Meme Coins Prevail in Country’s North

10.6.2024
In the northern states of Katsina and Borno, residents are increasingly interested in the meme coin dogecoin. Meanwhile, in Delta State, known for its financial services leaders, bitcoin garners significant attention. A Nigerian lawyer has called on authorities to implement cryptocurrency...

Crypto enthusiasts warn against naira trade ban on exchanges

8.6.2024
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services

108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria

7.6.2024
The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents

Former Federal Prosecutors, Agents Ask U.S. Sec. Blinken to ‘Step Up’ Efforts to Secure Detained Binance Exec’s Release

7.6.2024
A group of 108 former federal prosecutors and agents have signed a public letter to U.S. Secretary of State Antony Blinken urging the State Department to “step up” its efforts to secure Binance compliance head Tigran Gambaryan’s release from a Nigerian prison, Axios reported Thursday evening

Nigeria defends Binance exec prosecution amid US lawmakers' criticism

6.6.2024
The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law

US Lawmakers: Jailed Binance Executive, US Citizen, Wrongfully Detained by Nigeria

6.6.2024
A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government of wrongfully detaining Tigran Gambaryan. The lawmakers have asked the Biden Administration to transfer Gambaryan’s case to the Office of Special Presidential...

Nigeria’s Anti-Graft Agency Announces Reward for Whistleblowers Exposing Local Currency Abusers

6.6.2024
The Economic and Financial Crimes Commission (EFCC) in Nigeria has announced a 5% reward for whistleblowers who provide credible information leading to the prosecution of offenders involved in naira abuse. Dele Oyewale, the EFCC spokesman, emphasized the importance of enforcing the law...