🇳🇬 Nigeria & Africa-Specific Developments



In Nigeria, a new cash-out option was launched by RedotPay in partnership with Ripple. The service allows people to convert crypto (BTC, ETH, XRP, USDC, USDT, etc.) to naira instantly — a major step for practical crypto adoption and fiat-off-ramp ease.

At the same time, regulatory uncertainty looms. Under the upcoming 2026 enforcement of the Nigeria Tax Administration Act (NTAA), crypto-related businesses and users will face stricter compliance and reporting requirements. Some stakeholders warn this could push activity into peer-to-peer (P2P) channels rather than regulated platforms.
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