As Nigeria’s cryptocurrency market expands at an unprecedented pace, concerns over investor protection and market integrity have taken center stage. Emmanuel Omiwole, Chief Operating Officer of Quidax, a leading African crypto exchange, argues that the future of digital finance in Nigeria depends on effective regulation rather than prohibition. In his view, thoughtful oversight will help… Continue reading Regulation, Not Repression: Why Nigeria Must Rein In Crypto To Protect Its Financial Future
Tag: Financial Security
Mt. Gox Extends Creditor Repayment Deadline to 2026, Prolonging Crypto’s Longest Wait for Justice
More than a decade after one of cryptocurrency’s most infamous collapses, Mt. Gox has once again delayed repayments to creditors, extending the deadline to October 2026. The exchange, which once handled over 70% of global Bitcoin transactions, filed for bankruptcy in 2014 following a massive security breach that wiped out approximately 850,000 BTC. While partial… Continue reading Mt. Gox Extends Creditor Repayment Deadline to 2026, Prolonging Crypto’s Longest Wait for Justice
Turkey Expands Oversight Powers on Crypto and Bank Accounts to Tighten Financial Monitoring
Turkey is moving to broaden the authority of its financial watchdogs, intensifying oversight over cryptocurrency transactions and domestic bank accounts. The new measures, aimed at combating money laundering, tax evasion, and illicit capital flows, reflect the government’s ongoing efforts to reinforce fiscal discipline and safeguard its financial system. By extending supervisory powers, authorities seek to… Continue reading Turkey Expands Oversight Powers on Crypto and Bank Accounts to Tighten Financial Monitoring