Tag: AML/KYC
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Nigeria’s crypto sandbox setback: Quidax halts P2P services
Nigeria’s crypto sandbox hits a snag Nigeria’s ambitious push to regulate and mature its cryptocurrency market through a formal sandbox program has encountered a setback. Quidax, a company that recently earned a provisional license to participate in the testing ground for crypto activities, has halted its peer-to-peer (P2P) services. The move comes as regulatory and…
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Cryptocurrency Backed by Farage Donor Used to Support Russia’s War Effort, Investigators Say
Overview of the Allegations British investigators with the National Crime Agency (NCA) have alleged that a cryptocurrency linked to one of Nigel Farage’s most prominent donors was used to aid Russia’s war effort in Ukraine. The case forms part of a long-running, multibillion-dollar scheme that the NCA has been pursuing for years. While the details…