Author: Louis Dike

Louis Dike

Louis Dike is the Publisher of Coinafrica, leveraging years of experience driving growth for global exchanges like Bybit, Bitget, and VTrader across Africa. A former Binance Tutor, he now channels his expertise into clear, insightful reporting that amplifies Africa’s voice in the global Web3 economy.

Nigeria’s crypto industry is asking the Central Bank of Nigeria (CBN) to extend the application window for the second cohort of its Regulatory Sandbox Programme, arguing that the current timeline and documentation requirements could disadvantage early-stage local firms. The Virtual Asset Service Providers Association (VASPA) formally submitted a request to the CBN for an additional 60 to 90 days to complete applications for the sandbox cohort. The group proposed extending the deadline to November 30, 2026, or moving to a rolling or cohort-based application model. The request came as the initial application window was due to close on August 31,…

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Onboard has appointed Paul Oladimeji as chief executive officer, with co-founder and outgoing CEO Yele Bademosi moving into the role of chairman as the company prepares for what it describes as a new phase focused on regulatory foundations, financial infrastructure and business products. Bademosi announced the leadership transition after nearly five years leading the company. Under the new structure, Oladimeji will oversee Onboard’s day-to-day operations, while Bademosi will remain involved in capital allocation, strategic partnerships, investor relations and governance. The leadership change comes as Onboard signals a broader evolution in its business model, with Nigeria emerging as a key market…

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U.S. President Donald Trump has urged Congress to pass the CLARITY Act, renewing pressure on lawmakers to establish a comprehensive regulatory framework for the country’s cryptocurrency industry. Trump made the remarks Wednesday during a White House meeting with senior crypto and financial-industry executives, including Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev, Kraken co-CEO Arjun Sethi and Ripple CEO Brad Garlinghouse. SEC Chair Paul Atkins and CFTC Chair Mike Selig also attended the meeting.  “We need Congress to take the next step by passing the Clarity Act,” Trump said, calling for what he described as a “fair version” of the…

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