Bitget Reports 1,600% Surge in African Users

Bitget has seen a significant increase in African users, driven by factors like copy trading popularity and the growth of the TON ecosystem. The exchange has focused on user education and accessibility to attract users in the region. Bitget Wallet has become a top-ranked app in Nigeria, surpassing popular platforms like Tiktok and Whatsapp. Copy […]

Nigeria’s SEC Denies Issuing Provisional Crypto Licenses

Nigeria’s Securities and Exchange Commission (SEC) has announced that it has not yet issued any crypto licenses, contrary to some reports. The SEC plans to start issuing licenses for digital services and tokenized assets in August 2024. This move follows increased scrutiny of crypto exchanges and a push to regulate the industry, including a mandate […]

Nigerian SEC to ‘Delist’ Local Currency From P2P Crypto Trading Platforms

The Director General of Nigeria’s Securities Regulator has announced plans to delist the local currency from peer-to-peer cryptocurrency trading platforms in the coming days. He insisted that the decision to delist the naira aims to eliminate the manipulation of the local currency by P2P cryptocurrency traders. P2P Crypto Transactions Ban The Nigerian Securities and Exchange […]

Bitfinex launches P2P platform in Venezuela, Argentina and Colombia

Bitfinex P2P will support buying and selling of Bitcoin, Ethereum and Tether tokens USDt and EURt. The company is looking to bolster financial freedom and inclusion across Latin America. Bitfinex completed an investment in Chile-based crypto bank OrionX in May. Bitfinex, one of the leading digital asset trading platforms, is making further inroads in Latin […]

Paxful P2P exchange reopens after closure

Paxful remained closed for the last month. A legal dispute between Paxful’s co-founders had disrupted the exchange’s operations. The Paxful wallet however remained open throughout the shutdown. Paxful on May 8, announced that it will be reopening its services after a month-long shutdown. The P2P crypto exchange, however, said that it will gradually restore its […]