Nigeria’s Central Bank Digital Currency (CBDC), the eNaira, whose launch gulped millions of Naira from the nation’s coffers, may likely hit rock bottom in its second year. The eNaira, Africa’s…
Nigeria’s Securities and Exchange Commission (SEC Nigeria) has issued a circular, describing the activities of “Binance Nigeria Limited” illegal. The circular is published on the regulator’s website.
Issued 9 June 2023,…
Binance, the world’s biggest crypto exchange, has described the U.S SEC’s recent enforcement action against it as “regulation by enforcement” aimed at unilaterally defining crypto market structure. Binance considers the …
Binance entities and Founder Changpeng Zhao (“Zhao” or “CZ”) are facing 13 charges by the United States Securities and Exchange Commission (U.S SEC). The charges include “operating unregistered exchanges, broker-dealers,…
Following Patricia crypto exchange breach as announced by Patricia in its Downtime Update of Friday 26 May 2023, a number of blockchain industry stakeholders have been reacting to the incident.…
Beyond finance, the application of blockchain technology and its potentials across various sectors are becoming clearer today. Although blockchain application in the financial services sector is still at its nascent…