Nigerian minister urges SEC to tackle crypto regulation challenges
Nigeria’s cryptocurrency regulations are currently in the process of being updated. Go to Source
Cryptocurrency regulation
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Bolivia lifts ban on Bitcoin, authorizes crypto transactions via banks
The change in regulatory stance marks the end of a ban on crypto use in the country in place since 2014. Go to Source
Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations
Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer highlighted the lack of clear guidelines from the SEC and the FDIC’s pressure on financial institutions. The crypto exchange’s Freedom of Information Act … Read more
Nigerian blockchain group calls for fair resolution in Binance case
BICCoN believes that a balanced approach can help resolve the current challenges and empower Nigeria to create a supportive environment in which the blockchain industry can thrive. Go to Source
Bitstamp drops Euro Tether amid new MiCA rules
Bitstamp was one of the first crypto exchanges to list Tether’s euro-pegged stablecoin, the Euro Tether, in November 2021. Go to Source
Korean Exchanges Set to Reevaluate Over 600 Listed Virtual Assets
South Korean cryptocurrency exchanges are set to reevaluate more than 600 digital assets, and those failing this process will ultimately be delisted. Once the process is completed, crypto exchanges will be required to conduct maintenance reviews quarterly. The reputation of the issuers and user protection tools are among the factors related to virtual assets that … Read more
Turkey targets crypto with new 0.03% transaction tax
Turkey introduced a 0.03% tax on crypto transactions as part of a major fiscal reform to address the budget deficit caused by recent earthquakes. Go to Source
Crypto enthusiasts warn against naira trade ban on exchanges
Due to the rapid decline of the naira and the resulting almost three-decade-high inflation rate of 29.9%, the government turned its focus to platforms providing cryptocurrency services. Go to Source
Ripple President Says SEC on ‘Warpath’ With Crypto Industry
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating: “This whole dynamic of setting rules through enforcement … is really unproductive and not getting … Read more
Binance France changes ownership following regulator warning
Former CEO Changpeng Zhao cannot be Binance’s beneficiary if it wants to keep its French license. Go to Source
