The Nigerian Securities and Exchange Commission (SEC) announced on Aug. 29 that it had granted “approval in principle to two digital asset exchanges to begin operations. Busha Digital Limited and Quidax Technologies Limited are the first to receive this nod under the SEC Nigeria’s Accelerated Regulatory Incubation Program (ARIP). The regulator also revealed that five firms have been admitted to test their models and technology under its Regulatory Incubation (RI) program. Four of these firms – Trovotech Ltd, Wrapped CBDC Ltd, Housingexhange.NG Ltd, and Dream City Capital – are identified as digital asset offering platforms. Blockvault Custodian Ltd is the only entity admitted as a digital asset custodian. As previously reported by Bitcoin.com News, the Nigerian regulator launched ARIP to expedite the onboarding of entities that submitted license applications. Successful applicants receive provisional approval to commence or continue operating while waiting for digital asset regulations to take effect
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gm 😆 💪 💰
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Former President Donald Trump did not mention bitcoin (BTC) or crypto during an interview with X CEO Elon Musk on Monday evening. Over two hours, the wide-ranging interview covered a variety of topics including illegal immigration, the economy, AI and global warming. The interview attracted over 1 million listeners and was delayed for over 45 mins, due to what Musk called a "massive [distributed denial of service] attack on X". “As this massive attack illustrates, there’s a lot of opposition to people just hearing what President Trump has to say,” Musk said of the alleged attack. A report from The Verge called this into question, however, with a source telling the publication that this wasn't the case, saying there was a "99 percent chance Musk was lying" about the attack. An alert from cybersecurity watchdog organization Netblocks said X Spaces was experiencing international outages but did not confirm if it was a DDOS attack.
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