Rume Ophi – DIGIT INFO

OKX’s exit From Nigeria sparks criticism from crypto analysts

DIGIT — Thu, 18 Jul 2024 13:13:54 +0000

OKX stopped Naira withdrawals in May 2024 due to regulatory issues after Binance was accused of manipulating Nigeria’s currency and laundering money.

Go to Source

Experts Say Nigeria’s Blockchain Adoption Strategy Likely to Add Clarity and Legitimacy to Ecosystem

DIGIT — Tue, 09 May 2023 11:30:13 +0000

The recent approval of a blockchain adoption strategy by the Nigerian government has been described as a milestone that will “add clarity, trust and confidence in the [blockchain] ecosystem.” The unveiling of the adoption strategy document has also been hailed as a step that will lend “some form of legitimacy” to a technology that many […]

Go to Source

FTX Collapse: African Crypto Industry Leaders’ Perspective and Advice to Regulators

DIGIT — Wed, 16 Nov 2022 10:00:18 +0000

The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased the likelihood of regulators adopting even stricter crypto laws. In Africa, crypto industry participants warn of the unintended consequences arising from rushed and over-restrictive regulations. The Game-Changing Role of Crypto in Africa As the crypto […]

Go to Source