•Tinubu Binance has alleged that Nigeria demanded a secret payment of N20 billion to settle its crypto case. According to Bloomberg, Binance Chief Executive Officer, Richard Teng made the claim in a blog yesterday, detailing how the world’s largest cryptocurrency exchange tried to engage with Nigerian authorities, including having a meeting wh...
•NoOnes CEO, Ray Youssef The Chief Executive Officer of one of the leading cryptocurrency platforms in Nigeria, NoOnes, Ray Youssef, has revealed that peer-to-peer popularly known as P2P is probably like $500bn business in Nigeria alone. Youssef said this in an interview with Techpoint Africa on the heels of an imminent ban on cryptocurrency i...
A Lagos-based crypto tech enthusiast, Bright Johnson has carpeted the federal government over the detention of two Binance officials, saying the action is not only counterproductive but could eventually undermine the government’s efforts to bring about economic change and growth. According to Johnson, the Nigerian authorities seem to be lashin...
•CBN Governor Yemi Cardoso Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central of Nigeria has disclosed. Withdrawals from these accounts will only be possible by transfer or through a manager’s cheque, the apex bank explained. It revealed this in a new ‘Guidelines on Operations of...