Here’s what Nigeria’s naira float means for its crypto market
This reduces the likelihood of artificial price differences between the naira and cryptocurrencies in different markets. Go to Source Powered by WPeMatico
Law
Auto Added by WPeMatico
Brazil’s president signs law aimed at having central bank regulate crypto firms
The decree authorizes the central bank to regulate and supervise virtual asset service providers, and ensures the country’s securities regulator will continue to handle many tokens. Go to Source Powered by WPeMatico
Hinman documents suggest SEC is the wrong agency to govern digital assets, crypto lawyer says
John Deaton, a crypto lawyer and founder of CryptoLaw, told Cointelegraph that released Hinman documents highlight the need for Congress to intervene and provide clarity in governing digital assets. Go to Source Powered by WPeMatico
SEC and Binance seek compromise on US assets freeze
Binance.US would have to transfer all U.S.-based assets to new wallets but would be allowed to pay its bills under a proposed consent order. Go to Source Powered by WPeMatico
Bitstamp now included on FCA’s list of registered crypto firms
The Financial Conduct Authority listed 42 registered crypto firms in compliance with the U.K. government’s Anti-Money Laundering and Combating the Financing of Terrorism rules. Go to Source Powered by WPeMatico
Binance.US hires former SEC enforcement official amid lawsuit: Report
Former SEC enforcement co-director George Canellos reportedly joins the Binance.US legal team as the firm faces challenges to keep its assets unfrozen. Go to Source Powered by WPeMatico
Lawmakers introduce bill to remove SEC chair — but do they have the authority?
A Supreme Court decision ruled that the U.S. President could not remove commissioners except for “standard of inefficiency, neglect of duty, or malfeasance.” Go to Source Powered by WPeMatico
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
Vice Chancellor J. Travis Laster of the Delaware Court of Chancery said Galaxy had a “clean termination right” to the acquisition of BitGo, which it announced in 2022. Go to Source Powered by WPeMatico
Is Ron DeSantis good for crypto? Republican makes Bitcoin part of campaign
The governor of Florida wants to defend people’s right to “do Bitcoin.” Go to Source Powered by WPeMatico
Robinhood will end support for 3 tokens named in SEC lawsuits
The company cited the SEC’s actions against Coinbase and Binance as reasons for the delisting, saying the lawsuits “introduced a cloud of uncertainty” around the tokens. Go to Source Powered by WPeMatico