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Tag: SECURITIES AND EXCHANGE COMMISSION

Business

Understanding Cryptocurrency Taxation in Nigeria: An Essential Guide

April 11, 2025April 11, 2025 - by Liam Nguyen - Leave a Comment

Nigeria is a significant center for cryptocurrency transactions, with the Federal Inland Revenue Service overseeing tax regulations. Cryptocurrencies are classified as property, necessitating taxation on profits from sales and other …

Understanding Cryptocurrency Taxation in Nigeria: An Essential Guide Read More
Companies

President Tinubu Enacts Investments and Securities Act 2024

March 30, 2025March 30, 2025 - by Liam Nguyen - Leave a Comment

President Bola Tinubu has signed the Investments and Securities Act (ISA) 2024, repealing the previous Act from 2007. This new legislation aims to strengthen Nigeria’s capital market, enhance investor protection, …

President Tinubu Enacts Investments and Securities Act 2024 Read More
Companies / economics

Nigeria’s Cryptocurrency Surge Amid Economic Crisis

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

Nigeria is grappling with economic turmoil marked by rising inflation and currency devaluation, prompting a shift towards cryptocurrency for wealth protection. Despite government efforts to stabilize the economy through various …

Nigeria’s Cryptocurrency Surge Amid Economic Crisis Read More
Business / Companies / economics

How Cryptocurrency Provides Hope Amidst Nigeria’s Economic Turmoil

March 18, 2025March 18, 2025 - by Carmen Mendez - Leave a Comment

Nigeria is facing an economic crisis marked by high inflation, prompting citizens to adopt cryptocurrency as an alternative financial solution. Recent reforms by the government have led to new regulations …

How Cryptocurrency Provides Hope Amidst Nigeria’s Economic Turmoil Read More
Companies

Sycamore Fintech Secures SEC License and Appoints New Asset Management Leader

March 18, 2025March 18, 2025 - by Sofia Nawab - Leave a Comment

Sycamore, a leading Nigerian fintech firm, has secured an SEC license to function as a fund manager and appointed Oluwagbenga Magbagbeola to lead its asset management division. The SEC license …

Sycamore Fintech Secures SEC License and Appoints New Asset Management Leader Read More
Companies

Sycamore Advances into Asset Management in Nigeria with SEC Licence

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

Sycamore, a Nigerian fintech, has received a licence from the SEC, allowing it to act as a fund and portfolio manager. CEO Babatunde Akin-Moses highlighted the importance of compliance in …

Sycamore Advances into Asset Management in Nigeria with SEC Licence Read More
Business

Ripple Expands into UAE with Regulated Cryptocurrency Services

March 14, 2025March 14, 2025 - by Carmen Mendez - Leave a Comment

Ripple has partnered with the UAE to offer regulated crypto services, following Binance’s significant investment in the region. This partnership signifies Ripple’s strong presence in the Middle East, where 20% …

Ripple Expands into UAE with Regulated Cryptocurrency Services Read More
Companies

Thailand Approves Tether’s USDT as Recognized Cryptocurrency

March 10, 2025March 10, 2025 - by Carmen Mendez - Leave a Comment

Thailand’s SEC has approved Tether’s USDT as an official cryptocurrency, facilitating its trading on regulated exchanges. This marks a significant step in Thailand’s digital asset landscape, as USDT will be …

Thailand Approves Tether’s USDT as Recognized Cryptocurrency Read More
Business / economics

Nigeria to Enhance Cryptocurrency Licensing by 2025

February 11, 2025February 11, 2025 - by Allegra Nguyen - Leave a Comment

The Nigeria SEC plans to speed up cryptocurrency licensing by 2025 to create a regulatory framework for its digital asset market. The SEC’s Accelerated Regulatory Incubation Programme has initially licensed …

Nigeria to Enhance Cryptocurrency Licensing by 2025 Read More
Business

Bitcoin Surges Past $100,000 Amid Trump Election Rally and Regulatory Hopes

December 5, 2024December 5, 2024 - by Allegra Nguyen - Leave a Comment

Bitcoin has exceeded $100,000 following Donald Trump’s election, influenced by his commitment to cryptocurrency advocacy and potential SEC regulatory changes with the nomination of Paul Atkins. Despite this rally, experts …

Bitcoin Surges Past $100,000 Amid Trump Election Rally and Regulatory Hopes Read More

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