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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...
Zone launches PoS gateway with instant settlements
5.6.2024
Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution
U.S. Lawmakers Push Biden to Bring Back Detained Binance Exec Tigran Gambaryan From Nigeria
5.6.2024
Gambaryan and another company exec, Nadeem Anjarwalla, were detained by Nigerian officials after they were invited by the country to resolve a dispute with the crypto exchange
Politicians urge Biden to bring back Binance exec from Nigeria
5.6.2024
The U.S. politicians have accused Nigeria’s government of charging Gambaryan, a Binance compliance officer and former federal agent, with “baseless” crimes
Nigeria’s Bitcoin interest unfazed by regulatory restrictions
2.6.2024
Notably, Lagos, Nigeria’s commercial nerve center, falls outside the top 15 cities regarding Google search interest for Bitcoin
Nigeria seeks crypto clarity one year into Tinubu’s tenure
2.6.2024
Nigeria's young resident population now feels more bewilderment due to the administration’s recent actions against Nigeria’s crypto industry
Nigerian Artist Davido’s Meme Coin Plummets Shortly After He Pockets $474,000 From Token Sale
31.5.2024
Nigerian artist Davido has been accused of perpetrating an “outright scam” after pocketing over $468,000 from selling his recently launched meme coin. A prominent Nigerian crypto enthusiast claims Davido’s actions create problems for many legitimate crypto businesses and startups...
Nigerian Senate Committee: Regulated Crypto Trading a Boost for Local Currency
30.5.2024
The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency and warned that the country’s unclear position could be costing the country. The committee also urged the government of Bola Tinubu to develop the capital and crypto markets to defend the local...
The U.S. Response to Binance Exec Tigran Gambaryan's Detention Is Shameful
29.5.2024
Binance Executive Jailed in Nigeria is Suspected of Having Malaria, Family Says
28.5.2024
Tigran Gambaryan, Binance’s compliance head, who remains jailed in Nigeria, is suspected of having Malaria, a family spokesperson told CoinDesk
SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review
26.5.2024
The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs. Economist Jim Rickards predicts that gold prices could surpass $27,000 based on rigorous analysis. Satoshi Nakamoto’s Genesis wallet now holds over 100 BTC after an accidental...