Nigeria’s SEC cites due diligence delays in crypto licence freeze
The SEC has delayed issuing new provisional licenses to crypto startups under its ARIP. Director General Emomotimi Agama cited the need for additional due diligence as the reason for the delay.
Bento CEO resigns again, amid tax, pension probe
Ebun Okubanjo resigned from Bento after investigations into tax and pension payment failures. He relinquished his equity and debt in the company as part of his resignation.
Bento faces investigation over allegations of financial impropriety
LIRS and EFCC have initiated investigations into Bento for tax and pension payment failures. High-profile clients including Moniepoint, Paystack, Kobo360, and Bamboo have abandoned Bento.
Frozen #EndBadGovernance crypto wallets are on KuCoin and MEXC and still performing transactions
Some of the frozen crypto wallets traced to suspected #EndBadGovernance protesters are on the KuCoin and MEXC exchanges. The wallets, which reportedly have more than $37 million, are still performing transactions and are very much active.
Flutterwave secures Ghana PSP licence following Mozambique expansion
Flutterwave has been granted a Payment Service Provider licence by the Bank of Ghana. The licence allows Flutterwave to operate independently and simplify payment processes.
