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Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote

20.8.2024
Mango Markets, the Solana-based decentralized finance (defi) platform that lost more than $110 million in 2022, is currently holding a vote on a proposed settlement with the U.S. Securities and Exchange Commission (SEC) over alleged securities violations. Should the proposal pass, it could result...

Nigerian SEC to issue crypto platform licenses as market size grows: Report

20.8.2024
In June, the SEC updated its regulations to better oversee cryptocurrency platforms and exchanges and improve monitoring of digital asset trading

Binance’s return to India comes with $86M tax demand

20.8.2024
While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm

Seychelles Approves Bill on Virtual Asset Regulation

20.8.2024
The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a resident director and an office with competent staff. The law aims to balance...

Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul

20.8.2024
The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria currently receives minimal tax income from crypto-related activities. The FIRS...

Solana ETF 'still in play' despite Cboe filing removal — VanEck exec

19.8.2024
VanEck is still advocating for its Solana ETF with regulators, said Matthew Sigel

Judge sets Oct 2025 trial for brothers allegedly behind $25M exploit

19.8.2024
Shortly after their arrest in May, Anton and James Peraire-Bueno were released on $250,000 bonds until the conclusion of their criminal case

Young crypto voter affiliation in US swing states split equally — Coinbase

19.8.2024
According to research commissioned by Coinbase, roughly 40% of young crypto holders in crucial swing states identify as Democrats — the same percentage as Republicans

Crypto voters could cost Harris the US election, warns SkyBridge founder

19.8.2024
According to Anthony Scaramucci, crypto voters could swing the elections in favor of pro-crypto candidate Donald Trump

Australian Securities Regulator Nabbed More Than 600 Crypto Investment Scams in a Year

19.8.2024
The cypro scams amounted to about 9% of the total fake investment platforms taken down in the first year of its investment scam disruption program

California AI bill under scrutiny by US policymakers

19.8.2024
Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies

US mulls applying fiat reporting mandate on crypto transfers

19.8.2024
The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, aiming to include cryptocurrencies and digital assets in new reporting requirements

Nigeria’s SEC issues first license to local crypto exchange

19.8.2024
As the regulatory environment continues to evolve, other local exchanges will likely follow Quidax’s lead and seek to meet the SEC’s requirements

Nigeria’s tax watchdog proposes comprehensive crypto

18.8.2024
The FIRS’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital asset

Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator

18.8.2024
Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose...

Coinbase, KuCoin, others join in Turkey crypto license application

18.8.2024
As the CMB continues to update the list and companies work to meet regulatory requirements, the Turkish crypto market is poised for significant changes

Google Faces Lawsuit After $5M in Crypto Stolen via Play Store App

18.8.2024
A Florida woman, Maria Vaca, has sued Google in a California state court, alleging that a cryptocurrency wallet app she downloaded from the Google Play Store was malicious and resulted in the theft of $5 million in cryptocurrency. Vaca claims the app, Yobit Pro, exploited Google’s marketing...