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Tag "cryptocurrency"

CBN lifts ban on cryptocurrency transactions, issues guidelines

    CBN lifts ban on cryptocurrency transactions, issues guidelines

The Central Bank of Nigeria (CBN) has issued operational guidelines on virtual assets service providers (VASPs) to all banks and other financial institutions (OFIs). Released on Friday, the guidelines are

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Police arrest former governorship candidate over N607m Patricia cyber attack

    Police arrest former governorship candidate over N607m Patricia cyber attack

The Nigerian Police Force (NPF) says it arrested Wilfred Bonse, former Cross River governorship candidate, in connection to the security breach and financial fraud suffered by Patricia, a cryptocurrency firm.

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Binance CEO to resign, pay $50m fine over money laundering violations

    Binance CEO to resign, pay $50m fine over money laundering violations

Changpeng Zhao, Binance’s chief executive officer (CEO) and founder, has pleaded guilty to money laundering, unlicensed money transmitting and violations in Seattle. Binance also agreed to pay more than $4

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Crypto experts to CBN: Collaborate with fintechs to boost eNaira adoption

    Crypto experts to CBN: Collaborate with fintechs to boost eNaira adoption

Stakeholders have advised the Central Bank of Nigeria (CBN) to collaborate with fintech companies to aid the adoption of eNaira.  The eNaira, a central bank digital currency (CBDC), is an

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US court revokes bail, sends Sam Bankman-Fried to jail over ‘witness tampering’

  US court revokes bail, sends Sam Bankman-Fried to jail over ‘witness tampering’

A United States district court has sentenced Sam Bankman-Fried, former chief executive officer (CEO) of FTX, to jail for “tampering with

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‘Scammer entity’ — Changpeng Zhao, Binance CEO, says operations of Nigerian subsidiary fraudulent

  ‘Scammer entity’ — Changpeng Zhao, Binance CEO, says operations of Nigerian subsidiary fraudulent

Changpeng Zhao, Binance’s chief executive officer (CEO), says the subsidiary of the cryptocurrency exchange, Binance Nigeria Limited, is a “scammer

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Akon, Ne-Yo, Soulja Boy… 8 celebrities accused of illegal crypto promotion

  Akon, Ne-Yo, Soulja Boy… 8 celebrities accused of illegal crypto promotion
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FTX bankruptcy: I’ll do anything to pay back investors, says Sam Bankman-Fried

  FTX bankruptcy: I’ll do anything to pay back investors, says Sam Bankman-Fried

Sam Bankman-Fried, former chief executive officer (CEO) of FTX, says he would do anything — including starting a new business

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Coinbase sacks 1,100 employees amid cryptocurrency crash

  Coinbase sacks 1,100 employees amid cryptocurrency crash

Coinbase, one of the biggest cryptocurrency exchanges in the world, says it is laying off 1,100 of its employees in

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Crypto market loses $250bn in hours as Russia attacks Ukraine

  Crypto market loses $250bn in hours as Russia attacks Ukraine

The value of the cryptocurrency market has fallen by $250 billion in a few hours after Russian forces launched an

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