30 results
- 18 Mar 2026
Nigeria tops global rankings for USDT, USDC ownership
Nigeria has ranked first globally in the ownership of the two largest stablecoins, Tether (USDT) and USD Coin (USDC), reflecting the country’s growing reliance on dollar-linked digital assets. USDT,…
- 14 Sept 2020
Paxful Adds Tether USDT to its Platform
Global peer-to-peer bitcoin marketplace, Paxful announced the addition of Tether (USDT) to its platform. USDT belongs to a class of cryptocurrencies known as stablecoins. A stablecoin is a type of…
- 9 Aug 2024
Activist Drags FG to Court over Nigerians Rights to Use and Trade in Bitcoin, Others
James Otudor, Nigerian crypto activist, has taken a bold legal stance to fight for Nigerians’ fundamental rights to own, use, and trade in Bitcoin, USDT, and other cryptocurrencies. In an X post,…
- 20 Jul 2025
Bitget Launches $6M Global Crypto Trading Contest with New Competitive Segments
Bitget, a cryptocurrency exchange and Web3 company, has launched its annual global trading competition with a total prize pool of six million USDT. In a statement made available to our correspondent…
- 11 Sept 2024
Court Freezes N548.6m of Nigerian Crypto Users over Naira Fluctuation
Federal High Court has ordered that the bank accounts of suspected cryptocurrency users on ByBit, KuCoin, and other platforms have N548.6 million frozen by the Economic and Financial Crimes…
- 23 May 2019
CoinCola Bitcoin Platform now in Nigeria
Blockchain Technology is rapidly growing in different continents and many more people beginning to see the importance and relevance of cryptocurrency and blockchain technology in their different…
- 5 Mar 2024
Binance Leaves Nigeria, Suspends all Naira Services
Binance, a Cryptocurrency exchange platform has announced that it will stop providing all services related to the Nigerian naira (NGN). According to the platform’s announcement on Tuesday, March 5,…
- 22 Apr 2024
IvoryPay, Tether to Drive Crypto Transfers Across Africa
Ivorypay, a blockchain-based payment and remittance firm, has teamed with Tether, the stablecoin pioneer, to improve crypto-based transactions across Africa. Tether is the business that developed the…
- 28 Sept 2022
Bitget Offers Exclusive Bonuses to Support Zero Fee Trading
Bitget, leading global crypto exchange, has announced exclusive bonuses, including a prize pool of US$300,000 and a reward pool of one million BGB, to complement its recent launch of Zero Fee trading…
- 8 Jun 2021
EasyShare.Africa Launches Platform Using Safe, Low Cost, Cryptocurrency Technology
EasyShare; a fast, reliable, and super affordable way to send and receive money to anyone in Africa using crypto has officially launched in beta mode in Africa. By using innovative low-cost…
- 21 Feb 2024
CBN Reportedly Planning to Close to all Crypto Websites in Nigeria
Central Bank of Nigeria (CBN) could be looking to block Nigerians from using crypto websites to combat the weakening of the naira. Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN). While this…
- 18 Dec 2020
2020 Wrapped Up: Paxful Highlights Nigeria’s Thriving Crypto Market
This year has shaken many industries, but crypto has actually seen immense growth and investor interest since the outbreak of COVID-19. Ray Youssef, Paxful CEO and co-founder With Bitcoin hitting a…
- 16 Nov 2022
Bitget Raises its Protection Fund to $300M to Reassure Users after FTX’s Collapse
Bitget, leading global cryptocurrency exchange, has announced that it will increase its Protection Fund to 300 million USD, in order to provide better protection and further assurance to crypto…
- 13 Jan 2023
Bitget Launches Fund Custody Service with Dedicated Wallet to Elevate Safety
Bitget, leading crypto exchange has launched the Fund Custody service for professional investors and institutions. The service will provide dedicated wallets to qualified accounts to maximize the…
- E-Business17 Aug 2026
The Biggest Cost of Nigeria’s Crypto Stamp Duty Not 1.5%, But What Happens Next
There is a strange thing about regulation: everybody wants clarity until clarity comes with a bill. Given that is probably why the conversation around Nigeria’s proposed 1.5% stamp duty on virtual asset transactions has quickly become a debate about the number. Is 1.5% too much? Will it make crypto more expensive? Will users simply move elsewhere?
- 30 May 2024
PayPal launches its stablecoin on the Solana blockchain to expand market share
Payment giant PayPal has officially deployed its fiat-backed stablecoin, PayPal USD (PYUSD/USD) on the Solana blockchain, which is popular for its cheap, quick transactions and the backing of…
- 8 Jun 2021
Paxful Launches Paxful Pay, E-Commerce Solution to Strengthen Cryptocurrency Adoption
Paxful, the leading global peer-to-peer fintech, has announced Paxful Pay, an e-commerce solution that allows businesses worldwide to receive bitcoin. The service now available and allows customers…
- 15 Sept 2024
100Pay Expands Crypto Adoption with $200K Startup Fund
100Pay, one of the leading players in the crypto payments industry, has announced a significant step forward in promoting cryptocurrency adoption across Nigeria with the launch of a $200,000 startup…
- 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…
- 15 Apr 2025
Four Red Flags Nigerians Ignored until CBEX Crashed- DUBAWA
It has not been a pleasant week for thousands of Nigerians who have again fallen for another money scam. According to DUBAWA, a West African independent verification and fact-checking project,…
- 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…
- 30 Apr 2025
5 tips to start taking digital payments as a business in Africa
Not long ago, cash was dominant in Africa, but digital payments are now rapidly gaining traction. From Lagos to Kenya and the US, businesses are recognising that embracing digital methods is…
- 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…
- 3 Mar 2021
Paxful Offers Tips on How Users Can Safely Trade Cryptocurrency
To mark this year’s National Consumer Protection Week, Paxful is offering a few tips on how users can buy and trade cryptocurrency safely. Cryptocurrencies are growing in popularity; more and more…
- 3 Aug 2025
West Africa Emerging as Crypto Adoption Epicentre- SEC Boss
West Africa is fast emerging as a global epicentre for virtual asset adoption, propelled by a young, tech-savvy population and macroeconomic instability, according to Dr. Emomotimi Agama,…
- 4 Aug 2025
SEC DG Warns as Crypto Adoption Rises in West Africa Without Proper Regulations
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC) Nigeria, has said that West Africa is fast emerging as a global epicentre for virtual asset adoption, propelled…
- 24 Aug 2025
Nigeria Leads Africa in Stablecoin Adoption with $22Bn in Transactions
Nigeria has emerged as the largest stablecoin market in Africa, with nearly $22 billion in transactions recorded between July 2023 and June 2024. This was stated in the latest report released by…
- 30 Aug 2021
Paxful Unveils Savings Solution to Underpin Wealth Preservation
Paxful, a global peer-to-peer fintech platform, has launched Paxful Earn, a savings solution designed to underpin wealth preservation. The offering will launch first in Nigeria, via a partnership…
- 1 Mar 2022
Snappyexchange Launches Mobile app To Ease Redeeming Gift Cards & Crypto Trading In Nigeria
The launch of the snappyexchange mobile app is one of the best things that can ever happen to cryptocurrency and gift card traders in Nigeria. With this mobile app, you can conveniently trade your…
- 28 Sept 2021
Yellow Card Secures $15m Funding
Pan-African cryptocurrency exchange, Yellow Card, has announced a US$15m Series A that the company says will be used to ramp up hiring and continue its expansion across the continent. The round was…