Cryptocurrency
15 Sep 2020
The Security and Exchange Commission (SEC) has proposed a legal framework that will regulate Crypto-token or crypto-coin investments when the character of the investments qualifies as securities transactions. According to SEC, the proposed regulation was aimed at promoting market efficiency and transparency and not impede the nascent technology. The apex capital market regulator insisted that…
3 Sep 2020
Plans are underway by the Compliance Institute Nigeria (CIN), in partnership with the Centre for a New American Security (CNAS), to address challenges in sanctions compliance and implementation update on cryptocurrency. The duo, a coalition of global compliance professionals and business leaders, said the move was pertinent for policymakers across the continent to look…
1 Sep 2020
Plans are underway by the Compliance Institute Nigeria (CIN), in partnership with the Centre for a New American Security (CNAS), to address challenges in sanctions compliance and implementation update on cryptocurrency. The duo, a coalition of global compliance professionals and business leaders, said the move was pertinent for policymakers across the continent to look into…
11 Jul 2020
Budding digital entrepreneur and CEO of Clairhub (a crypto trading enterprise) Okeke Chibuikem Sinclair claimed the Covid-19 pandemic increased global appreciation of cryptocurrency. According to him: “In a year when there was an overwhelming uncertainty about the survival of the human race, when the global economy crashed and when cash was no longer adequate as…
7 Jul 2020
People say finance is like a ball game, which rolls out and rolls in, passed unto players and received by the next player, and eventually scoring a goal.
29 Oct 2019
As payment systems worldwide continue to undergo transformation and upgrade, cryptocurrency, Bitcoin, has been identified as the currency of the future that will change the way people manage their finances. According to Co-founder and Chief Executive Officer of Paxful, Ray Youssef, who spoke to The Guardian..
5 Jul 2019
The Kaspersky Africa’s Cryptocurrency Report 2019 which, based on feedback from respondents, has highlighted several risks including...
1 Jul 2019
In the mid-day, she walked into the newsroom. The young mother clad in a dark colour linen gown was overwhelmed with anguish. Sadness was written on her face as she sat perplexed. Her countenance, which was not welcoming, reflected the agony in her. Sawari Bolanle is a victim of Subscribers Identification Module (SIM) swap fraud.
18 Jun 2019
Facebook is leaping into the world of cryptocurrency with its own digital money, designed to let people save, send or spend money as easily as firing off text messages.
24 May 2019
Facebook has been in contact with US and British financial regulators with a view to launching its own cryptocurrency next year, the BBC reported on Friday.
26 Apr 2019
The attorney for the United States District of Oregon, Billy Williams, has disclosed that two Nigerians, Kelvin Usifoh, 24, and Onwuemerie Gift of unidentified age, are facing charges for allegedly defrauding people in an online scheme, bitcoin. A statement published on the website of the U.S. Attorney’s office for the district of Oregon, on Wednesday,…
19 Mar 2019
We have for many years been in the age of technology which has permeated all sectors of global economies. To be on the cutting edge...