Kenya has made significant progress in improving its anti-money laundering and counter-terrorism financing (AML/CFT) regime, according to the Financial Action Task Force (FATF). Since February 2024, Kenya has been working…
The Financial Action Task Force (FATF) has removed Mali and Tanzania from its grey list, citing significant progress in addressing strategic deficiencies in their anti-money laundering and counter-terrorism financing regimes.…
The kickstart of the year 2025 has seen lots of adoption of blockchain and cryptocurrencies across Nigeria/Africa, with a lot of big activities done by various ecosystems. These impactful works…
In a significant move for the cryptocurrency industry, the US Senate has passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a bipartisan vote of 68–30.…
Ross Ulbricht, the founder of the infamous dark web marketplace Silk Road, has received a mysterious donation of 300 bitcoins, worth approximately $31 million. The donation has been traced back…
The Nigerian Financial Intelligence Unit (NFIU) has announced that the country has made substantial progress in implementing its Action Plan under the Financial Action Task Force (FATF) International Co-operation Review…
The Nigerian Senate Committee on Capital Market has called on the Federal Government to regulate and formalize cryptocurrency trading in the country in order to tap into Nigeria’s booming digital…
Nigeria’s Securities and Exchange Commission (SEC Nigeria) has issued a public warning against Crypto Bridge Exchange (CBEX), operating under the corporate identity of ST Technologies International Ltd, also known as…
In a significant milestone for the stablecoin industry, Circle Internet Group Inc. has successfully completed an upsized initial public offering (IPO), raising nearly $1.1 billion. The deal, priced above the…
Tigran Gambaryan, the Binance executive who was detained for eight months in Nigeria before his release in October 2024, has formally resigned from the global digital assets exchange.