Africa Matters

Binance declared illegal in Nigeria, ordered to cease operations

Binance, a blockchain ecosystem and cryptocurrency infrastructure provider, has been ordered to cease operations in Nigeria after being declared an illegal crypto trading platform. Nigeria’s Securities and Exchange Commission (SEC) issued the directive on Friday, discouraging crypto investors from using the platform as Binance is neither registered nor regulated and its operations in the country were illegal. In a…

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Kenya police probe death of lawyer on trial for ICC witness tampering Read more: https://briefly.co.za/world/africa/140137-kenya-police-probe-death-lawyer-trial-icc-witness-tampering/Kenya police probe death of lawyer on trial for ICC witness tampering Read more: https://briefly.co.za/world/africa/140137-kenya-police-probe-death-lawyer-trial-icc-witness-tampering/SA teens skip school to chase risky crypto dreams

Youngsters in the townships are drawn to the promise of quick riches with cryptocurrencies, but risk losses and becoming victims of scams. John first heard of cryptocurrency three years ago, when the teenager came across slick YouTube videos and Facebook posts of other South Africans claiming to have become wealthy overnight with bitcoin. Inspired, the then 14-year-old downloaded a trading app,…

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