The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has raised alarm over the ongoing turmoil in the country's blockchain sector, particularly highlighting the protracted legal dispute with Binance. In a statement signed by Chairman Lucky Uwakwe Arisukwu, BICCoN warned...
Pro-bitcoin regulations have been approved in a second U.S. state as Louisiana passes a groundbreaking pro-bitcoin bill to safeguard access to bitcoin and limit Central Bank Digital Currencies. Governor Jeff Landry signed House Bill 488 into law after it...
Today, June 19, 2024, Blockchain firm Consensys announced in a post on X that the U.S. Securities and Exchange Commission (SEC) had closed its investigation into Ethereum 2.0, marking it a significant milestone for the second-largest cryptocurrency by market...
Brazil's tax authority, the Special Department of Federal Revenue of Brazil (RFB), is set to summon foreign cryptocurrency exchanges operating within the country to clarify their operations and cooperation with local service providers, according to a new report from...
European digital asset trading platform Uphold will stop supporting six stablecoins starting from July 1 due to the region's new crypto-facing regulatory framework, the Markets in Crypto-Assets Act (MiCA). In a recent post on X (formerly Twitter), Antony Welfare,...
The Zimbabwean government has asked for public input from stakeholders as it tries to develop regulations for the use of cryptocurrency in the country. According to a Bloomberg report, the government announced on Wednesday, June 12, that all cryptocurrency...
The EU Innovation Hub for Internal Security has issued a report condemning the use of privacy coins and cryptocurrency mixers, pointing out the significant hurdles they present for regulation and law enforcement. According to the report, these tools obscure...
Experts and commentators on social media platform X have raised significant concerns about a potential law that grants the U.S. president extensive powers to block access to digital assets. This proposed regulation is part of a new bill, "Intelligence...
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned cryptocurrency exchanges that providing investor disclosures does not shield them from regulatory scrutiny. In a recent interview with CNBC, Gensler emphasized that disclosures are insufficient if crypto exchanges...
According to Matt Hougan, the chief investment officer at Bitwise, the crypto industry could tap into the trillions held by the financial advisory sector once U.S. regulators clarify legal uncertainties about the financial instrument. In a June 4 memo...
