A cryptocurrency exchange that offers trading in various digital assets and has partnered with Mastercard for crypto card programs.
Nigeria’s ₦2 billion capital requirement puts crypto exchanges at a crossroads
The SEC has raised the minimum capital requirement for digital asset exchanges to ₦2 billion. The SEC has implemented licensing frameworks for virtual asset service providers (VASPs).
Quidax discontinues P2P trading as Nigeria’s crypto rules tighten
Quidax has discontinued its peer-to-peer (P2P) trading feature after five months of operation. The decision was influenced by user preference for faster trading options like instant swaps and order-book trading.
After 20k tweets and over 100 trades, here’s the truth about P2P crypto trade in Nigeria
The Central Bank of Nigeria's 2021 directive halted bank facilitation of cryptocurrency transactions, pushing users towards P2P trading. P2P trading has become a popular method for crypto transactions in Nigeria, with platforms like Binance facilitating direct trades.
More than 90% of Nigeria’s crypto market is dominated by Binance, Bybit, and WhatsApp P2P as local exchanges scramble for market share — Report
Nearly 80% of Nigerians use Binance for their crypto needs. International exchanges dominate Nigeria's centralized crypto market, accounting for about 90% of the market share.
Stablecoin Settlements Go Live in EEMEA with Mastercard and Circle
Mastercard and Circle have expanded their partnership to enable USDC settlements in EEMEA. This initiative aims to connect blockchain-native assets with traditional commerce infrastructure.
