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Nigeria’s Bitcoin interest unfazed by regulatory restrictions
2.6.2024
Notably, Lagos, Nigeria’s commercial nerve center, falls outside the top 15 cities regarding Google search interest for Bitcoin
Nigeria seeks crypto clarity one year into Tinubu’s tenure
2.6.2024
Nigeria's young resident population now feels more bewilderment due to the administration’s recent actions against Nigeria’s crypto industry
Coinbase Challenges SEC’s Rulemaking Process, Argues for Clear Regulations on Digital Assets
1.6.2024
Coinbase, Inc. has escalated its dispute with the Securities and Exchange Commission (SEC) by filing a reply brief in the Third Circuit Court of Appeals, arguing the necessity of clear rulemaking for the digital asset industry. The case underscores the ongoing tensions between regulators and...
SEC Commissioner Proposes Joint US-UK Digital Securities Sandbox
31.5.2024
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has proposed a joint US-UK digital securities sandbox. She noted that the U.S. and UK are ideally positioned for this initiative, emphasizing that this collaboration would benefit innovators, regulators, and consumers in both...
Nigerian crypto community raises alarm over Davido meme token
30.5.2024
Davido has remained silent amid criticism about pump-and-dump schemes and regulatory scrutiny
Former Consensys Employee Launches Stablecoin ‘USD3’
30.5.2024
Former Consensys employee Jack Jia, and the founder of Stable.com has launched USD3, a “payments-first” new stablecoin despite the present lack of a regulatory framework and uncertainty around the market.
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New York Stock Exchange to Launch Bitcoin Options Products
30.5.2024
The New York Stock Exchange (NYSE) on Wednesday announced its intention to introduce cash-settled spot Bitcoin options, pending regulatory clearance.
The post New York Stock Exchange to Launch Bitcoin Options Products appeared first on Cryptonews
NYSE Would Consider Crypto Trading If Regulatory Picture Were Clearer, President Says at Consensus 2024
29.5.2024
NYSE President Lynn Martin and Bullish CEO Tom Farley discussed crypto regulations, changing U.S. politics and the limitations and opportunities of blockchain tech to improve traditional markets
Former Consensys employee launches new stablecoin amid regulatory uncertainty
29.5.2024
Former Consensys employee Jack Jia, co-founder of Stable.com, launches new stablecoin USD3 amid regulatory uncertainty and shifting stablecoin narratives
Hong Kong SFC to Conduct On-Site Inspections of Crypto Platforms after Licensing Deadline
29.5.2024
The Hong Kong SFC has announced that it will be conducting on-site inspections of local crypto firms that have not yet completed their regulatory applications after the licensing deadline.
The post Hong Kong SFC to Conduct On-Site Inspections of Crypto Platforms after Licensing Deadline appeared...
Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M
29.5.2024
The US District Court for the District of Utah on Tuesday threw out the SEC's case against DEBT Box and imposed fines exceeding $1.8m on the regulatory body for its bad faith actions.
The post Judge Throws Out DEBT Box Case, Orders SEC to Pay $1.8M appeared first on Cryptonews
ESMA labels MEV as 'market abuse' in latest regulatory consultation paper
28.5.2024
The European Union's Securities and Markets Authority has recommended treating miner-extracted value (MEV) as a form of market abuse under the MiCA regulatory framework
Coinbase Seeks Immediate Appellate Review in SEC Lawsuit, Citing Recent Legislation
25.5.2024
As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset regulation. This past week, legislators passed comprehensive...
P2P Bitcoin Exchange Hodl Hodl Suspends Lending Services for US and UN Embargoed Countries’ Residents
25.5.2024
Hodl Hodl, a non-custodial Bitcoin exchange, has announced changes to its “Terms of Service” agreement affecting the availability of its lending services. The platform is now excluding residents of the U.S. as well as U.N. embargoed countries from its lending platform, citing...
U.S. Credit Unions Adopt Tokenization of Real World Assets
24.5.2024
Credit Unions in the U.S. are starting to use blockchain and tokenization to automate business processes, but regulatory challenges remain.
The post U.S. Credit Unions Adopt Tokenization of Real World Assets appeared first on Cryptonews
Consensys Hails Spot Ether ETF Approval, Slams SEC’s ‘Deliberate Regulatory Abuse’
24.5.2024
Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed its disapproval of what it calls the securities regulator’s...
Ether and Uniswap Advance on Regulatory Actions: CoinDesk Indices Market Update
24.5.2024
Bitcoin relinquished early gains above $70,000 to close the week only marginally higher
The House passes a crypto regulatory framework bill; what’s next?
24.5.2024
FIT21 has reached a significant milestone. The House has cleared the way for the legislation to climb the ladder rather than move to the Senate and President to become law officially. What lies next is a phase of optimism and clarity for the crypto market. Biden’s opposition to the bill...
Hong Kong crypto exchange folds to regulatory pressure
24.5.2024
Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses
FIT21 Bill Seen As Solution to US Crypto Exodus Concerns, Paving Way for Thriving Market
24.5.2024
The FIT21 approval on Wednesday would align the US with other nations in terms of its regulatory framework for crypto, according to Kyle Bligen, director of financial policy at the Chamber of Progress.
The post FIT21 Bill Seen As Solution to US Crypto Exodus Concerns, Paving Way for Thriving Market...