Data privacy and blockchain enthusiast. Crypto lawyer and writer.
Nigeria has issues guidelines for the regulation of bitcoin and other crypto assets. Once signed into law, crypto exchanges and other services dealing with crypto assets may need regulatory approval to operate in the country.
What is the Bored Ape Yacht Club? Bored Ape Yacht Club (BAYC) is a blockchain project most notable for its collection of 10,000 Bored Ape Non-fungible Tokens (NFTs). These are unique digital collectibles that exist on the Ethereum blockchain. In April 2021, BAYC created 10,000 unique iterations of ape avatars and put them up for […]
The Financial Action Task Force’s recent guidance on data privacy regulations should serve as a warning to companies planning to test virtual currencies.
The wording of the document suggests that anyone engaging in crypto-related services such as exchanges, wallets, custodial accounts will need regulatory approval to operate in Nigeria.