2 / 8 Relevant items tagged with #Nigeria

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Nigerian judge pushes Binance exec’s bail hearing to Oct. 9

[Sep 4 6:26 PM] Detained in Nigeria for more than six months and with reported health problems, Tigran Gambaryan awaits a judge’s decision following another bail application.

Nigeria’s Crypto Thaw: Not What It Seems

[Sep 4 4:32 PM] The Nigerian government’s long-running hostility towards the crypto industry seems to be abating. Or is it? Noelle Acheson looks at how the recent licensing of two crypto exchanges in Nigeria may not represent the shift we’re hoping for.

Nigerian Court Postpones Decision on Gambaryan Bail Application

[Sep 4 2:47 PM] The next bail hearing has been scheduled for Oct. 9.

Binance CEO calls Gambaryan’s treatment ‘inhuman’ as disturbing new video emerges

[Sep 3 9:04 AM] Gambaryan’s next hearing is set for Sept. 4, where the judge will consider the executive’s latest motion for bail.

‘Why Are You Doing This To Me?’: Detained Binance Exec Begs Prison Guard for Help in New Court Footage

[Sep 3 2:49 AM] “I’m not okay, this is f*cked up,” Gambaryan said in the video, as he clutched the guard’s wrist for support. When the guard stepped away, leaving Gambaryan with only a single crutch to lean on, Gambaryan turned to a small crowd of onlookers and�

Detained Binance exec posts new bail motion citing worsening health

[Sep 2 5:10 PM] In June, Nigeria’s Federal Inland Revenue Service dropped charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla.

Binance exec’s trial brought forward despite no access to legal counsel 

[Sep 2 9:31 AM] Amid multiple alleged money laundering charges, the Nigerian government claims that Binance was responsible for the decline of its naira currency.

Nigerian Blockchain Leader: Approval of 2 Crypto Exchanges Brings Much-Needed Regulatory Clarity

[Aug 31 9:30 PM] A Nigerian blockchain industry leader has described the recent approval of two crypto exchanges by the securities regulator as a positive step that improves the image of Nigeria’s crypto space. The leader believes clear regulations will…

Calls to release Binance exec intensify after 6 months in Nigerian detention

[Aug 27 4:27 PM] Binance CEO Richard Teng and family members have called for action, claiming Tigran Gambaryan has been unjustly detained in Nigeria since February.

Jailed Binance Exec's Nigeria Case to Be Heard a Month Early

[Aug 27 10:30 AM] The trial was expected to resume on Oct. 11 but is now set to resume next week after defence lawyers requested that the case be heard sooner.

Former US Federal Agent Tigran Gambaryan Marks 6 Months in Nigerian Detention

[Aug 27 5:30 AM] Tigran Gambaryan, a former U.S. federal agent and Binance executive, has now spent six months in Nigerian detention. Lawyers say he has been denied proper medical care, leading to severe health issues, including a herniated disc that has left him…

‘My Living Nightmare’: Detained Binance Exec’s Wife Begs for His Immediate Release

[Aug 26 5:50 PM] The wife of Tigran Gambaryan, the American Binance employee detained in Nigeria, released a new video statement on Monday pleading for his immediate release from prison.

'Get Him Home': Binance CEO Urges Nigerian Government to Free Detained Exec

[Aug 21 8:26 PM] Tigran Gambaryan, a U.S. citizen who works for Binance, has been held in Nigeria since February.

Nigeria Plans to Introduce Crypto Licensing Process: Bloomberg

[Aug 20 3:04 PM] The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month.

Nigeria Planning to Present Law to Tax Crypto by September: Report

[Aug 19 12:19 PM] Nigeria's Federal Inland Revenue Service (FIRS) plans to bring a bill for taxing the crypto industry to parliament by September, news outlet Punch Nigeria reported on Saturday.

Goldman Sachs’ Bitcoin ETF Holdings, Hamster Kombat Rejected VCs, and More — Week in Review

[Aug 18 12:30 PM] Goldman Sachs disclosed substantial holdings of $418 million in bitcoin ETFs in Q2. Hamster Kombat rejected multiple venture capital investments to protect players from becoming exit liquidity. A Nigerian bitcoin proponent filed a lawsuit to…

Nigeria’s tax watchdog proposes comprehensive crypto

[Aug 18 11:19 AM] The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset.

Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports

[Aug 16 12:23 PM] Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.

Nigerian crypto wallets tied to protests evade government freeze efforts

[Aug 15 7:25 AM] The discrepancies between the government’s claims and the blockchain data highlight the tense dynamic between digital finance and state authorities.

Tigran Gambaryan’s health worsens, surgery now required

[Aug 12 3:37 PM] Gambaryan has been detained in Nigeria since February 2024 and has suffered numerous chronic health conditions during that time.

Gambaryan Family Says Binance Executive Is Being Denied Access to Lawyers, Health Is Deteriorating

[Aug 12 11:20 AM] American Binance executive Tigran Gambaryan, who is detained in Nigeria, is being "denied adequate access to his legal team and his health is deteriorating rapidly," his family said in an emailed statement.

African Union greenlights AI adoption across member states

[Aug 11 7:20 AM] The strategy aims to fast-track AI development and adoption in Africa, driving innovation and growth that aligns with Nigeria’s digital transformation goals.

Nigerian activist receives local support in legal fight to use crypto

[Aug 10 12:55 PM] This lawsuit comes amid the Nigerian government’s increasingly hostile stance toward cryptocurrencies.

Why Nigeria’s blockchain success hinges on private sector expertise

[Jul 25 4:59 AM] As governments globally, including in Nigeria, navigate the complexities of blockchain adoption, insights from industry leaders such as Yellow Card provide important guidance.

Nigeria to train 1,000 youths on AI, blockchain every year

[Jul 24 6:06 AM] The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation.

Nigerian crypto star out on bail following police detention

[Jul 20 3:58 AM] Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector.

OKX exchange exiting Nigeria due to regulatory concerns

[Jul 17 3:49 PM] Though the announcement came as a surprise to many users, OKX has been winding down features in the Nigerian market for months.

Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities

[Jul 13 6:16 AM] By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets.

Binance tax evasion verdict set for October

[Jul 13 1:46 AM] Binance’s lawyer urged the judge to dismiss all charges, arguing that the case lacks substance.

US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’

[Jul 11 3:53 PM] Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July.