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OKX crypto exchange exits Nigeria amid regulatory crackdown Nigeria CryptocurrenciesCryptocurrency exchange OKX has announced plans to discontinue its services in Nigeria effective from August 16, 2024, citing recent changes in local laws and regulations.July 18, 2024
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Nigeria's Finance Minister urges SEC Board to tackle cryptocurrency regulation Nigeria CryptocurrenciesNigeria's Finance Minister, Wale Edun, has called on the newly inaugurated Securities and Exchange Commission (SEC) board to address the challenges of regulating cryptocurrencies in the country. During the board's inauguration in Abuja, Edun emphasized the need for stringent oversight to maintain market integrity in the capital market.July 10, 2024
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138 crypto asset service providers now licensed in South Africa Cryptocurrencies South AfricaThe Financial Sector Conduct Authority (FSCA) has granted crypto asset service provider (CASP) licenses to a further 63 institutions, taking the total number of licensed CASPs in South Africa to 138. This comes after the FSCA initially approved 75 CASP licenses in April 2024.July 3, 2024
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SEC Chief highlights Nigeria's $400M crypto market and 33.4% ownership rate Nigeria CryptocurrenciesNigeria's Securities and Exchange Commission (SEC) Director General, Emomotimi Agama, sees huge potential in cryptocurrencies to help the country's vast unbanked population access financial services.June 30, 2024
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India fines Binance $2.25 million for crypto anti-money laundering violations India CryptocurrenciesIndia's Financial Intelligence Unit (FIU-IND) has imposed a penalty of 188.2 million rupees ($2.25 million) on the world's largest cryptocurrency exchange, Binance, for violating the country's anti-money laundering regulations.June 22, 2024
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Ethiopia embraces digital currency: CBDC law approved alongside bitcoin mining push Ethiopia CryptocurrenciesEthiopia's financial sector is undergoing a major transformation. The Council of Ministers recently greenlit a legal framework for a central bank digital currency (CBDC) while simultaneously pursuing policies to attract bitcoin miners.June 19, 2024
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How Casinos Can Start Accepting Crypto Cryptocurrencies NOWPaymentsThe online casino industry is continually evolving, thanks to advancements in technology. One such innovation is the integration of crypto payments, offering anonymity, low fees, and instant transfers. This article outlines how online casinos can leverage cryptocurrencies to enhance their operations and provide a seamless gaming experience.June 18, 2024
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Zimbabwe seeks public consultation to develop crypto regulations Zimbabwe CryptocurrenciesZimbabwean government has launched a comprehensive initiative to assess the country's cryptocurrency landscape and develop a regulatory framework tailored to its specific needs.June 12, 2024
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Embrace the future of online casino payments with NOWPayments Cryptocurrencies NOWPaymentsIn the rapidly evolving world of online casinos, embracing cutting-edge payment solutions is crucial. NOWPayments stands out as a premier crypto payment gateway, offering numerous benefits tailored for the gaming industry.June 10, 2024
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South Africa ranks 14th in Global Cryptocurrency Ownership Rate in 2024 South Africa CryptocurrenciesA recent report by Triple A has revealed that South Africa is among the top 30 countries globally with the highest cryptocurrency ownership rates in 2024. South Africa ranks 14th globally in terms of cryptocurrency ownership, reflecting a substantial presence of digital currencies within the country.June 8, 2024