30 results
- 27 Aug 2024
SEC Issues First License to Quidax, Local Crypto Exchange
Securities and Exchange Commission (SEC) has issued Quidax, an Africa-based crypto exchange, its first provisional operating license. The development signals the beginning of formal recognition and…
- 17 May 2024
Crypto Exchanges Begin Delisting Naira from P2P Platforms- SEC
Crypto exchanges have commenced delisting of the Naira from Peer-to-Peer (P2P) trading platforms, following directives of the Office of the National Security Adviser and the Securities and Exchange…
- 15 Dec 2022
KoinKoin Unveils Crypto Exchange App for Traders
African-focused crypto exchange KoinKoin has launched an app to enable retail traders to buy and sell crypto using local payment methods. With the app, KoinKoin intends to challenge established…
- 11 Nov 2022
Tradefada Bags Best Crypto Exchange Platform of the Year 2022 @Afritech Awards
Tradefada, a One-Stop Cryptocurrency exchange platform, yesterday at the prestigious Oriental Hotel in Lagos won this year’s Best Crypto Exchange Platform at the Afritech Awards, organized by…
- 2 Dec 2024
SEC Flags Marino FX as Illegal Crypto Exchange
The Securities and Exchange Commission (SEC) has issued a public notice disowning Marino FX Limited, a company claiming to be a SEC-licensed cryptocurrency exchange. According to the regulatory body,…
- 24 Mar 2022
Crypto Exchange LBank Enters Nigeria With a Bang
Top cryptocurrency exchange, LBank successfully holds a blockchain event for its premium users in Nigeria. Dubbed "LBank Blockchain and VIP Hangout," the event took place on March 19, 2022. A…
- 13 Sept 2024
SEC Says 50 Crypto Exchanges have Applied for Licenses
Dr. Emonotimi Agama, director-general, Securities Exchange Commission (SEC), has disclosed that 50 cryptocurrency exchanges have applied for operational licences in the country. Agama who spoke…
- 26 Mar 2024
Money Laundering: US Slams Criminal Charges on Crypto Exchange Company, KuCoin, and its Founders
United States Government on Tuesday, March 26, indicted cryptocurrency exchange KuCoin and its two founders, Chun Gan and Ke Tang on criminal charges. Chun Gan and Ke Tang are charged with failing to…
- 15 Jun 2025
Crypto Exchange MEXC Rolls Out P2P Support for Naira, Birr, and Rupee
In a strategic move to deepen its presence in emerging economies, global cryptocurrency exchange MEXC has launched peer-to-peer (P2P) trading support for three new fiat currencies — the Nigerian…
- 30 Jul 2023
Tradefada CEO, Oluwaseun Dania Invests in Resurgent PATRICIA Technologies
The dwindling Crypto exchange landscape recently experienced a boost as Oluwaseun Dania, the Chief Executive Officer of one of Nigeria's foremost crypto exchanges, Tradefada announced the backing of…
- 26 Jan 2023
Bitget Sees Largest Market Share Growth after FTX Bankruptcy
Bitget, leading crypto derivatives exchange, has become one of the world's top 3 crypto exchanges in the derivatives sector paired with enormous achievements, such as a 2.6x market share increase and…
- 19 Mar 2026
Binance is Missing from Ghana’s Crypto Sandbox
Ghana’s Securities and Exchange Commission has given the nod to 11 crypto trading platforms to participate in its new regulatory sandbox programme, its first major step in support of crypto after…
- 11 Jun 2025
SEC Insists CBEX Ponzi Remains Banned in Nigeria
The Securities and Exchange Commission (SEC) has warned investors that Crypto Bridge Exchange (CBEX), operating under the corporate identity of ST Technologies International Ltd, also known as Smart…
- 23 Jan 2023
Bitget Becomes the First CEX to Launch Copy Trading in the Spot Market
Bitget, leading crypto derivatives exchange announces to be the first exchange to launch copy trading in the spot market. As the first exchange for offering copy trading for derivatives in 2020,…
- 9 Dec 2025
SEC Urges IST to Freeze all CBEX Bank Accounts in Nigeria
The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the freezing of all bank accounts belonging to Crypto Bridge Exchange (CBEX) and other…
- 18 Apr 2025
How CBEX Operators ‘Enticed’ Victims –SEC
Securities and Exchange Commission (SEC) says preliminary investigations revealed that Crypto Bridge Exchange, aka CBEX, engaged in promotional activities to create a ‘false perception of legitimacy’…
- 20 Aug 2024
Nigeria Makes U-Turn, Agrees to License Crypto Issuers
Securities and Exchange Commission (SEC) will grant licenses to virtual assets service providers such as cryptos this month, in a calculated move to capitalize on the exploding crypto market in the…
- 20 May 2022
MARA Raises $23m to Build Africa’s Portal to Crypto Economy
MARA, a Pan-African crypto exchange, has announced $23 million in funding from some world renown investors to build a portal to the crypto economy for the African population. The firm, in a…
- 18 Feb 2025
SEC to Tax Cryptocurrency Transactions in Nigeria with New Rules
The Securities and Exchange Commission (SEC), is planning to amend digital asset regulations to tax crypto transactions, a move it believes will bring in substantial revenue, according to a Feb. 18…
- 9 Oct 2022
Bitget Sets to List Over 130 New Web 3 Projects Next Month
Bitget, leading global crypto exchange has announce d its initiative to expand its platform with new and valuable Web 3 projects, Bitget ABC (Always the Best Crypto). The Bitget ABC will introduce…
- 30 Nov 2022
Bitget Launches Major Campaign with Messi to Reignite Confidence in the Crypto Market
Bitget, leading global cryptocurrency exchange, has announced a series of marketing campaigns with Lionel Messi, the Argentinian Football legend, with the launch of the brand film to celebrate the…
- 18 Apr 2021
SEC, CBN in Talks on Crypto Market Regulation
Securities and Exchange Commission (SEC) has said it is in discussion with the Central Bank of Nigeria (CBN) on how to better understand and regulate the crypto currency market in the country. SEC…
- 13 May 2022
SEC Introduces New Crypto Regulatory Framework
Nigeria’s Securities and Exchange Commission (SEC) yesterday released a new regulatory framework for the country’s crypto sector, signalling a major shift in attitudes from authorities towards the…
- 24 Apr 2025
EFCC Secures Arrest Warrant for Six CBEX Promoters
A federal high court in Abuja has granted permission to the Economic and Financial Crimes Commission (EFCC) to arrest and detain six Crypto Bridge Exchange (CBEX) promoters over allegations of…
- 21 Apr 2023
African Cryptocurrency Ecosystem gets $35m Boost
Blockchain tech firm, Gluwa has committed $35 million to the growth of indigenously-owned crypto exchanges in Africa. Gluwa announced the planned investment this week, as the company expressed…
- 15 Feb 2023
Bitget Offers Panda Farm Token Sale on Its Re-launched Launchpad Platform
Bitget, the world's largest crypto copy trading exchange, announced the relaunch of its Launchpad platform, which provides exclusive access to promising blockchain projects at an early stage. Panda…
- 15 Jan 2026
SEC Partners Police in Nationwide Crackdown on Ponzi Schemes, Crypto Frauds
Securities and Exchange Commission (SEC) and the Nigeria Police Force have forged an alliance against illegal scheme operators, investment frauds, and cryptocurrency frauds in a bid to protect the…
- 25 Mar 2021
FG’s Crackdown on Bitcoin Echoes Global Crypto Conundrum
The backlash against the Central Bank of Nigeria (CBN) directive on cryptocurrencies echoes a dilemma facing governments around the world: how to regulate Bitcoin and other cryptocurrencies without…
- 18 Mar 2026
Luno Launches First Crypto Prediction Market in Nigeria
Luno, an Africa-founded global exchange, has launched a structured Crypto Prediction Market, ushering in a new chapter for Nigeria's cryptocurrency market. This platform enables users to forecast…
- 8 Oct 2024
SEC Vows to Tackle Crypto Fraud, Others
Securities and Exchange Commission (SEC) has vowed to combat fraud, money laundering, and market manipulation in the country’s rapidly evolving cryptocurrency sector. Emomotimi Agama, director…