Nigeria

Regulation

Nigeria’s SEC Admits Nine Digital Asset Firms Including Luno in Its Biggest Regulatory Push Since 2024

Nigeria’s Securities and Exchange Commission has admitted nine companies into its Accelerated Regulatory Incubation Programme in 48 hours, the largest expansion of its digital asset sandbox since the programme launched, as the country moves to bring its $92 billion annual market under formal oversight.

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ExclusiveFounders DeskInterviews

Nigeria’s Lightning Off-Ramp: Theophilus Isah on Building MavaPay to Turn Bitcoin into Instant Local Bank Transfers

Theophilus Isah trained as a biochemist, taught himself to code, and walked away from a hackathon loss to build MavaPay, one of the few Bitcoin Lightning off-ramps from Africa’s 2023 builder cohort still standing. He explains why Bitcoin, not the banking system, is the part that actually works.

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AdoptionPayments

Africa’s Cross-Border Remittance Problem Has Two Wounds — And Bitcoin’s Lightning Network Is the Stitch

African families already lose close to nine billion dollars a year in remittance fees, from the diaspora and from within the continent itself. A new US federal tax just added to that burden. The case for Bitcoin’s Lightning Network as the alternative rail has never been clearer.

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