Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees
Submitted by Anonymous (not verified) on Mon, 03/18/2024 - 12:30The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry.
The regulator proposed increases to all supervision fees as the country cracks down on the crypto industry.
Nigeria’s Securities and Exchange Commission has proposed to raise the registration fees for virtual asset service providers (VASP) seeking an oper
The two men were arrested on Feb.
Nigeria has initiated a bold request to Binance, the world’s leading crypto exchange.
Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months, the
Two senior executives of Binance, Tigran Gambaryan and Nadeem Anjarwalla, have been held against their will for the past two weeks by Nigerian auth
Adoption of the central bank digital currency pales in comparison to the use of cash in the country.
Nigeria's government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.<
Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.<
Two executives of the exchange were detained last week on arrival in the country.
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