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Detained Binance Exec Tigran Gambaryan Wheeled into Nigerian Court as Health Deteriorates
16.7.2024
Detained American Binance executive Tigran Gambaryan had to be pushed into an Abuja, Nigeria courtroom today in a wheelchair, after a herniated disc in his back left him in severe pain and “hardly able to walk,” according to a Monday report from his family
Internet Computer Protocol promotes blockchain engagement in Africa
14.7.2024
ICP’s DecaHack event highlighted the transformative potential of blockchain and the importance of nurturing talent in the sector
Nigerian university promotes blockchain engagement for future growth
14.7.2024
The event highlighted the transformative potential of DApps and the importance of nurturing talent in this area
Nigerian Judge to Rule on Binance Tax Evasion Case in October
14.7.2024
Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register with the Federal Inland Revenue Service (FIRS)....
Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities
13.7.2024
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets
Nigeria’s SEC urged to regulate Bitcoin, Ether as commodities
13.7.2024
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of the digital assets
Nigerian minister urges SEC to tackle crypto regulation challenges
10.7.2024
Nigeria's cryptocurrency regulations are currently in the process of being updated
Nigerian Witness Says Binance Users Operate Under False Identities
8.7.2024
A witness in the ongoing Nigerian money laundering trial against Binance has alleged that many local users of the cryptocurrency exchange platform are operating under false identities. The witness further claimed that by allowing users to withdraw Nigerian naira (NGN), a regulated activity, Binance...
Sleeping BTC Wallets Reactivate, Bitcoin Dips, and More — Week in Review
7.7.2024
Several longtime holders of Bitcoin have reactivated dormant wallets, moving substantial amounts of BTC after years of inactivity. Bitcoin’s price dipped to $56,952 amid speculation related to the Mt Gox distribution and the German government’s transfer of 3,000 BTC. Standard...
Nigerian Prison Officials Deny Binance Employee Tigran Gambaryan is Seriously Ill
7.7.2024
According to the prison authorities, Binance employee Tigran Gambaryan is in good health and not sick as claimed by his family. The family had raised concerns about his well-being and alleged that he was not receiving proper medical attention. However, the prison authorities have denied these...
Nigerian central bank alleges unauthorized transactions by Binance
6.7.2024
In a Nigerian court on Friday, July 5, Binance's illegal operations were highlighted, with Central Bank official testifying on lack of necessary licenses and regulatory approval
Nigerian blockchain leader advocates AI to save African languages
6.7.2024
The use of blockchain and AI for improvement in various areas of society is essential in Africa now more than ever
Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users
5.7.2024
Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player...
Binance vs Nigeria: A timeline of events
5.7.2024
As the trial of Binance executive Tigran Gambaryan restarts in Nigeria, Cointelegraph recaps the story so far
Nigerian SEC mandates local offices for crypto firms
4.7.2024
The requirement also states that applicants must report customer complaints and emergent risks and be subject to SEC inspections, audits, and monitoring
Nigeria plans nationwide AI and blockchain research centers
4.7.2024
The research centers count as another step toward taking a leadership position in artificial intelligence (AI) development in Africa
Nigerian Student Returns 90 Mistakenly Sent Solana Tokens, Rewarded for Honesty
4.7.2024
A crypto influencer recently praised a Nigerian student who agreed to return Solana tokens worth several thousand dollars that were mistakenly sent to his crypto wallet. After the influencer revealed the incident, well-wishers in the crypto community, impressed by the student’s honesty, began...
Nigerian Central Bank Warns Financial Institutions Against Rejecting Old or Lower Denomination US Dollars
3.7.2024
The Central Bank of Nigeria warned local financial institutions against rejecting older or lower-denomination U.S. dollar banknotes. The apex bank said it will take strong action against financial institutions that refuse to accept mutilated or overcirculated local currency banknotes. Older U.S....
KuCoin VAT charge raises concerns among Nigerian crypto community
3.7.2024
The approving authority behind this taxation remains unclear, whether it's the Nigerian government or an agency like the Federal Inland Revenue Service (FIRS)
Nigerian Court Orders Prison Officials to Release Medical Records of Jailed Tigran Gambaryan
3.7.2024
Nigerian prison officials have reportedly refused to release Tigran Gambaryan’s medical records. A High Court judge has ordered Kuje Detention Centre prison officials to present Gambaryan’s legal representatives with the records by July 5. Yuki Gambaryan, the wife of the Binance employee, has urged...