Tag Nigeria

Crypto Exchange Patricia Offers Controversial Debt Token Conversion Amid User Discontent

Key Takeaways Patricia, a Nigerian cryptocurrency exchange’s CEO, Fejiro Hanu, has confirmed that customers now have the option to convert their owed funds into Patricia shares through the launch of Patricia Token (PTK). This unconventional strategy aims to manage users’…

Saniya Raahath
October 21, 2023
News

Nigerian Bureau De Change Association Urges Binance Ban Amid Growing Concerns

Binance is still facing increased regulatory pressure as the Federal Government of Nigeria requests to forbid Binance's operations.

Deep
August 9, 2023
News

Nigeria'S Sec Issues Second Warning Against Binance;Orders Cease Of Solicitations To Citizens

Nigeria’s SEC Issues Second Warning To Binance; Orders Cease of Solicitations to Citizens

Key Takeaways Nigeria’s Securities and Exchange Commission (SEC) has delivered a stern warning to crypto platform providers and investors, declaring that Binance’s operations within the country are illegal. In a notice issued on Friday, the SEC ordered all crypto platform…

Saniya Raahath
August 1, 2023
Crypto, News

Nigerian Social Payments App Bundle Terminates Crypto Exchange

The company confirmed that its shareholders had made the strategic decision to streamline operations and concentrate on Cashlink.

Saniya Raahath
July 22, 2023
News

Binance Issues Cease And Desist Order &Quot;Binance Nigeria, Calls Entity A Scam

Binance issues cease and desist order “Binance Nigeria, calls entity a scam

Binance CEO CZ, took to Twitter to announce a cease and desist order against "Binance Nigeria Limited," referring to the Nigerian company as a "scammer entity.

Saniya Raahath
June 19, 2023
News

Nigeria’s Sec Deems Binance As Illegal Entity, Asks To Stop Operations

Nigeria’s SEC Bans Binance, Deems It “Illegal”

Nigeria SEC argues that Binance is neither registered nor regulated by the agency, and its operations are "illegal" in the country.

Saniya Raahath
June 11, 2023
News

Patrica Halts Withdrawals Amid Btc And Naira Security Breach

Crypto Exchange Patricia Halts Withdrawals Amid BTC and Naira Security Breach

A security issue has been discovered on Patricia, necessitating fast action to protect its consumers.

Deep
May 28, 2023
News

Nigeria Paves the Way for Digital Economy Growth with National Blockchain Policy Approval

Nigeria's Federal Executive Council has approved the national blockchain policy, which would assist the government in creating a legal framework to control the technology's deployment.