Regulation

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Trevor Kimani Pushes Kenya to Balance Crypto Rules as 2025 Framework Takes Shape

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Kenyan cryptocurrency leaders are urging closer cooperation with government regulators to help shape the nation’s emerging digital-asset framework. A New Era of Formal Oversight Cryptocurrency industry leaders have urged deeper collaboration with government agencies as Kenya advances work on its first comprehensive digital-asset regulatory framework. Speaking at a recent Bitcoin conference in Nairobi, technology executives … Read more

Nigeria, Rwanda Join Forces on Crypto Regulation to Counter Fraud

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Rwanda and Nigeria have signed a cooperation agreement between their respective financial regulatory bodies to deepen collaboration across capital markets and digital assets. Strengthening Regional Oversight Rwanda and Nigeria have signed a cooperation agreement to deepen collaboration across capital markets and digital assets, marking a significant step toward more coordinated cryptocurrency regulation across Africa as … Read more

Electronic Money or Digital Asset? Brazil Sparks Intense Debate Over Stablecoin Regulation

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While Congress prepares to consider Bill 4308/2024 to regulate the status of stablecoins, the cryptocurrency industry opposes designating them as electronic money, advocating for maintaining the current status of virtual assets, as they lack the elements of traditional currency. Brazil’s Crypto Industry Opposes Stablecoin Designation As Virtual Currency While stablecoins have become immensely popular in … Read more

WhiteBIT Lands MiCA License in Austria, Opens Door to 35M EU Users

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WhiteBIT EU has secured a Markets in Crypto-Assets Regulation license from Austria’s Financial Market Authority, giving the exchange a regulated path into the European Economic Area. The Vienna-based entity, WB-Shield Innovations GmbH, operates under the WhiteBIT EU name. The Austrian FMA granted the authorization on June 19, 2026. Under MiCAR, WhiteBIT EU can now offer … Read more

Ireland Targets Crypto Assets in New Strategy to Disrupt Illicit Cash Flows

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Ireland has launched a National Risk Assessment and a 30-point action plan to combat money laundering, terrorist financing, and sophisticated financial crime. Targeting Digital Assets and Crypto Loopholes Ireland announced a sweeping crackdown on financial crime on June 18, unveiling a national strategy that places a major emphasis on targeting the misuse of cryptocurrency and … Read more

Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms

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The Financial Intelligence Unit (FIU) of the Zimbabwean central bank has mandated that all virtual asset service providers (VASPs) formally register with the regulatory body. New Legal Definitions The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a public mandate requiring all virtual asset service providers to formally register with the regulatory body. The … Read more

Bitgo Europe Gives Crypto Firms a MiCAR-Compliant Alternative Before July Deadline

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Bitgo Europe GmbH is opening a regulated infrastructure path for European crypto businesses that face losing their operating licenses as legacy virtual asset service provider registration regimes expire under the European Union’s Markets in Crypto-Assets Regulation. MiCAR Is Replacing the Old System MiCAR has replaced fragmented national crypto registration regimes across the European Economic Area … Read more

Bank of Ghana Orders Banks to Halt Crypto Dollar Wallets as Enforcement Risks Rise

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The Bank of Ghana has issued a mandatory directive ordering all regulated financial institutions to immediately stop supporting unauthorized foreign currency digital wallets offered by cryptocurrency platforms. Breach of National Financial Laws The Bank of Ghana has issued a directive ordering regulated financial institutions to immediately halt operations that support unauthorized foreign currency wallet services … Read more

VARA Pushes Dubai Crypto Firms to Track FATF Blacklists, Sharpening Risk Controls

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A Dubai regulator is replacing baseline compliance with rigorous, data-driven frameworks. Virtual asset service providers must now use quantitative business data for real-time risk scoring instead of static tracking. New Framework Demands Quantitative Data The Dubai Virtual Assets Regulatory Authority (VARA) has published new guidance aimed at tightening financial crime defenses across the region’s booming … Read more

MiCA Deadline Looms: Up to 75% of EU Crypto Firms Risk Losing Their License on July 1

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The European Union’s transition period under its landmark crypto framework ends July 1, after which an estimated three-quarters of regional crypto companies could be barred from serving EU customers without full authorization. A Hard Deadline for Europe’s Crypto Industry The transitional period under the EU’s Markets in Crypto-Assets (MiCA) regulation will officially expire on July … Read more

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