Nigeria's Central Bank has invited virtual asset firms to apply for its new Virtual Asset Service Provider sandbox track, a move that formalizes the country's pivot from outright crypto prohibition to structured, supervised oversight.
Read full article →On-chain indicators point to a late-cycle bottom as institutional ownership reshapes drawdown dynamics. For retail-heavy markets like Nigeria and across South Asia, the math looks different.
Nigeria's Revenue Service has published binding guidelines that turn crypto platforms into government tax collectors, covering everything from stablecoin purchases to staking rewards.
Bright Anyanwu, listed by multiple sources as YellowCard's Senior Compliance Manager and MLRO for West, Central, and East Africa (his exact title is pending confirmation from YellowCard), adds a second major recognition in as many months as Nigeria tightens its crypto regulatory framework.
Nigeria's cNGN token is now integrated into Celo's on-chain foreign exchange market, giving a country that accounts for roughly 60 percent of Sub-Saharan Africa's stablecoin inflows a regulated, low-cost rail for converting naira to dollar-pegged digital assets.
CoinGecko places MEXC second globally in cumulative traditional-asset perpetual futures volume; a separate TokenInsight analysis places it second in commodity perpetuals specifically. Both rankings point to a structural shift in how retail traders outside the United States are accessing commodities and equities on crypto platforms, a category that registered just $3.46 billion in combined volume across major exchanges as recently as January 2025.
Nairobi, August 7, 2026.