crypto investment

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Report: Legal Experts Say Nigeria in Need of ‘Clear-Cut Guidelines’ for Crypto Industry

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Authorities in Nigeria have been told to consider upgrading the country’s cryptocurrency regulatory guidelines because current regulations are not consistent with the realities on the ground. According to legal experts, the growing interest in cryptocurrencies by Nigerians means the country needs to have “clear-cut guidelines” for the industry. Nigerians Continue to Defy Central Bank Legal … Read more

UK Parliamentary Group Seeks Views of Crypto Industry Players

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A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and digital asset regulation. In addition to gathering information via evidence sessions, the APPG said it is also open to views from … Read more

11% of US insurers invest — or are interested in investing — in crypto

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Of the 328 CFOs and CIOs representing around half of the global insurance industry 6% responded their firm was either already invested or considering an investment into cryptocurrencies. Go to Source Powered by WPeMatico

New York digital media company the latest to add Bitcoin to balance sheet

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Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter. Go to Source Powered by WPeMatico

Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments

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Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft Law ‘On Digital Currency’ to Regulate Crypto Turnover in Russia … Read more

Russia’s National Finance Association Calls for Legalization of Crypto Investments

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The main finance industry association of Russia has urged authorities to reconsider a position against crypto investments in the nation’s financial market strategy. The organization insists that the crypto investments of Russians should be brought out of the “gray zone” instead of being banned. Finance Industry Body Urges Government to Regulate Operations With Crypto Assets … Read more