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Economic and Financial Crimes Commission

Nigerian Blockchain Advocacy Group Says ‘Crypto Is Legit’ — Calls for Regulation of Industry

Nigerian Blockchain Advocacy Group Says ‘Crypto Is Legit’ — Calls for Regulation of IndustryThe Nigerian blockchain advocacy group, the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), has said crypto is legit and must be regulated. The group adds that any such regulation should on one hand encourage innovation, but discourage bad actors on the other. Equal Access to Banking and Financial Services The Nigerian blockchain advocacy group, […]

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity

Chairman of Nigerian Economic Crimes Commission: Crypto Growth Is a ‘Far Greater Danger to the World Economy’

Chairman of Nigerian Economic Crimes Commission: Crypto Growth Is a ‘Far Greater Danger to the World Economy’The chairman of Nigeria’s Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has singled out the growth of cryptocurrencies as something that now poses “a far greater danger to the world economy.” Therefore, in order to deal with such dangers or threats, Bawa advocates for a “collective and collaborative approach by authorities around the world.” […]

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity

Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning

Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments WarningNigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely unregulated and prone to fraud.” Proliferation of Scams According to a report that […]

California Court Rules That Ethereum Liquid Staking Solution Lido To Be Treated As Legal Entity