Author: Louis Dike

Blockchain.com has been admitted into the Accelerated Regulatory Incubation Programme (ARIP) of the Securities and Exchange Commission (SEC) of Nigeria, adding one of the world’s longest-standing cryptocurrency companies to the regulator’s growing cohort of digital-asset businesses operating within its regulatory framework. The company announced the development on August 14, saying the admission advances its engagement with Nigerian regulators and forms part of its broader expansion strategy across Africa. According to Blockchain.com, admission into ARIP means it has satisfied the SEC’s initial requirements to participate in the programme. It is authorised to operate within the defined scope of the regulatory sandbox,…

African digital asset company KoinKoin is integrating KuCoin Institutional’s CaaS infrastructure and liquidity as crypto firms increasingly rely on global rails to expand local financial services.

Ondo Finance is facing a corporate-control dispute after the estate of founder Nathan Allman challenged Ian De Bode’s appointment as CEO following Allman’s death.

The next phase of stablecoin adoption may not be about buying more digital dollars. It may be about spending them. Across Africa, wallets and fintechs are increasingly connecting stablecoin balances to Visa and Mastercard payment rails.

The inaugural Decentralized Nigeria Awards will recognize African Web3 and fintech leaders at a gala during Decentralized Nigeria 2.0 in Lagos on August 15

Nigeria’s cNGN stablecoin is increasingly being positioned as more than a digital representation of the naira, with new on-chain infrastructure creating a route between local-currency liquidity and dollar-denominated stablecoins. The development comes as Textile FX operates a live cNGN-to-USDT corridor, allowing users to swap between the naira-backed stablecoin and Tether’s USDT through an on-chain order book. Textile describes the system as an instant FX rail designed to replace slower correspondent banking and over-the-counter settlement processes. The current Textile documentation lists the cNGN-USDT corridor on BNB Smart Chain, while its Celo deployment currently supports Argentine peso- and Brazilian real-linked stablecoins against…

Dickson Nsofor argues that enterprise payments—not crypto speculation—will drive the next wave of stablecoin adoption across Africa.

Strategy’s executive chairman says AI helped design a new financial instrument that enabled the company to raise billions in capital.

LONDON — Africa Bitcoin Corporation (ABC) is calling on UK policymakers to preserve a regulatory environment that supports Bitcoin innovation, as the company prepares for its planned admission to the Aquis Growth Market. In an opinion article published this week, ABC Chief Executive Officer Warren Wheatley argued that Britain has established a strong regulatory foundation for digital assets but warned against introducing rules that could hinder innovation before the sector reaches maturity. The comments came shortly after Wheatley attended the Digital Assets Leaders Summer Gala Dinner at the House of Lords, where lawmakers, investors and industry executives gathered to discuss…

LAGOS, Nigeria — Nigeria has proposed a 1.5% stamp duty on eligible crypto transactions as part of its newly released Guidelines on the Taxation of Virtual Assets, marking one of the country’s most significant steps toward integrating digital assets into its formal tax system. Under the guidelines issued by the Nigeria Revenue Service (NRS), registered Virtual Asset Service Providers (VASPs), including licensed cryptocurrency exchanges, will be responsible for withholding the levy on qualifying fiat-to-token and token-to-fiat transactions before remitting it to the government. The measure forms part of Nigeria’s broader effort to establish a comprehensive regulatory and tax framework for…