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The fears that Kenya’s lack of a regulatory framework for overseeing the crypto industry has prompted the government to establish a working group tasked with drafting crypto regulations. Authorities in the East African nation are confident that the approved regulations will designate a sole regulatory body to oversee the cryptocurrency industry. Lack of Regulation Threatens … Read more
Nigeria must fully regulate crypto activities if it wants to curb financial crimes associated with digital assets, a forensic expert has said. The co-founder of A&D Forensics also called on Nigeria to enact laws that would mandate banks to vet service providers before granting them account access. Curbing Crypto-Related Financial Crimes According to a blockchain … Read more
The founder of dYdZX argued that early-stage crypto projects can scale faster by ignoring U.S. customers, as they won’t have to deal with the hassles of the U.S. regulatory climate. Go to Source
Abra and its CEO William Barhydt have been issued with an emergency cease and desist order. Go to Source Powered by WPeMatico
Young people have been shown to be the biggest crypto adopters that also largely voted for the Democrats in the last election. Go to Source Powered by WPeMatico
New details revealed in the SEC complaint could explain why Brian Brooks abruptly stepped down as CEO of Binance.US in 2021, a crypto lawyer suggests. Go to Source Powered by WPeMatico
Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa, and most recently, TradeBlock. Go to Source Powered by WPeMatico
The proposed bill would require top government officials and lawmakers to declare all personal crypto holdings over $760. Go to Source Powered by WPeMatico
Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit’s dismissal, arguing the regulator has no authority over crypto. Go to Source Powered by WPeMatico
The U.S. crypto ecosystem is facing a “void” of well-established and credible institutions, according to an analyst from Ark Invest. Go to Source Powered by WPeMatico
