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Congressman Tom Emmer seeks amendment to limit SEC’s crypto oversight

September 9, 2023 by DIGIT

Emmer intends to introduce an appropriations amendment that will limit the SEC’s utilization of funds for digital asset enforcement until comprehensive rules and regulations are put in place. Go to Source

Categories Cryptocurrencies, Cryptocurrency Exchange, Law, SEC, Tokens, United States

DeFi enforcement sparks dissenting opinion from CFTC commissioner

September 8, 2023 by DIGIT

The commissioner advocates public and stakeholder engagement through rulemaking, not just enforcement. Go to Source

Categories CFTC, Cryptocurrencies, Cryptocurrency Exchange

Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report

September 8, 2023 by DIGIT

The Thodex founder fled the country in 2021 only to be detained in Albania in Aug. 2022 and extradited to Turkey in April 2023. Go to Source

Categories Cryptocurrencies, Cryptocurrency Exchange, Turkey

Blockchain could have prevented Nigeria’s naira scarcity effects – Local experts

September 8, 2023 by DIGIT

According to local stakeholders, the decision to print new naira notes could have occurred via DeFi, involving Nigerians and aiding readiness for the change Go to Source

Categories CBDC, Cryptocurrencies, Cryptocurrency Exchange, Nigeria

Africa’s blockchain journey begins with poverty alleviation – CEO Sumotrust

September 8, 2023 by DIGIT

Africa must erase the poverty in general and help people into the middle class in order to drive faster blockchain technology incorporation. Go to Source

Categories Africa, Cryptocurrencies, Cryptocurrency Exchange, Nigeria, Technology

UK financial watchdog could give crypto firms until January 2024 for marketing compliance

September 7, 2023 by DIGIT

Companies offering crypto services to U.K. residents have an Oct. 8 deadline to run “clear, fair and not misleading” marketing campaigns, but some could have until Jan. 8. Go to Source

Categories Cryptocurrency Exchange, Law, Marketing, Regulation, United Kingdom

CBN missed opportunity for blockchain regulation in 2021 – Convexity CEO

September 7, 2023 by DIGIT

Mr. Owonibi stated that a blockchain regulation strategy should have been created by the Central Bank of Nigeria (CBN) in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks. Go to Source

Categories ban, Cryptocurrencies, Cryptocurrency Exchange, Nigeria, Tokens

US Treasury, IRS propose cryptocurrency regulations for brokers

September 7, 2023 by DIGIT

Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets. Go to Source

Categories Cryptocurrency Exchange, Federal Reserve, IRS, United States

Nigeria’s Web3 education efforts seek to tackle language challenges

September 7, 2023 by DIGIT

The chief operating officer (COO) of Bitkova Academy, a blockchain education platform, Bello Usman Abdullahi said the language barrier is one of the current major challenges. Go to Source

Categories Cryptocurrencies, Cryptocurrency Exchange, Nigeria

US-based Genesis Global Trading will eliminate its crypto spot trading service

September 5, 2023 by DIGIT

The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.” Go to Source

Categories Bankruptcy, Cryptocurrency Exchange, Digital Currency Group
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$64,833.00-3.87%
  • ethereumEthereum(ETH)$1,861.74-4.40%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$1.36-2.19%
  • binancecoinBNB(BNB)$598.50-2.50%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$78.23-5.32%
  • tronTRON(TRX)$0.281663-2.85%
  • dogecoinDogecoin(DOGE)$0.093082-2.36%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.49%
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  • bitcoinBitcoin(BTC)$64,833.00-3.87%
  • ethereumEthereum(ETH)$1,861.74-4.40%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$1.36-2.19%
  • binancecoinBNB(BNB)$598.50-2.50%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$78.23-5.32%
  • tronTRON(TRX)$0.281663-2.85%
  • dogecoinDogecoin(DOGE)$0.093082-2.36%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.49%