In a significant legal development, the Federal High Court in Abuja has unfrozen six bank accounts previously tied to alleged illicit cryptocurrency dealings. The accounts, totaling N89.48 million, were initially frozen by the Economic and Financial Crimes Commission...
In a decisive move that has reshaped its cryptocurrency strategy, Hong Kong-based online gaming company Boyaa Interactive has emerged as Asia’s largest corporate Bitcoin holder. The company recently converted 14,200 Ethereum (ETH), worth about $49.48 million, into 515...
Brazil’s Central Bank (BCB) has introduced a proposal that could dramatically alter how stablecoins are used in the country’s thriving crypto market. Announced on November 29, the draft regulation aims to ban the transfer of foreign-backed stablecoins, like...
The UK Court of Appeal has definitively dismissed Craig Wright’s latest attempt to assert himself as the creator of Bitcoin. The ruling, delivered on November 28, reaffirmed an earlier decision by the High Court, which found Wright’s evidence...
The Securities and Exchange Commission (SEC) may be reconsidering its legal battle against Ripple Labs, according to former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo. Speaking on Fox Business, Giancarlo suggested that the agency might abandon its...
Russia is on the brink of implementing a sweeping cryptocurrency taxation framework after the Federation Council approved a federal bill on November 27, following its earlier passage in the State Duma. Now awaiting President Vladimir Putin’s signature, the...
Introduction The fast rise of Web3 and decentralized technologies allowed for truly disruptive possibilities across finance to content creation. Web3 presented unparalleled opportunities and challenges; at the same time, it provided the possibility to change it all. On...
Decentralized finance continues to push the boundaries of innovation, and at the forefront of this revolution is Summer.fi. In this discussion, we sit down with Chris Bradbury, the driving force behind Summer.fi. From his unique career trajectory to...
In 2022 and 2023, FTX dominated crypto regulation headlines, this year the cannons of government-enforced regulation, undeterred in their mission to seek and destroy, are focused on another "big bird" and are hell-bent on clipping its wings. Binance,...
In a world driven by innovation, the financial landscape is undergoing a tectonic shift, and at the heart of this transformative journey lies the incredible potential of blockchain technology. From its humble origins as the bedrock of Bitcoin...
