The FSCA said it has received 420 CASP licence applications, of which it approved 248 and declined nine.
While 106 applicants have voluntarily withdrawn their applications after engagements with the FSCA…
The Rules, introduced in 2022 and revised 27 September 2024, will be effective from 30 June 2025. The amendment adds new provisions and removes one, stating the justification for each…
by Jude Ayua
Coinbase has delisted Tether (USDT) and five other stablecoins in Europe, following its final announcement that these stablecoins would be deleted by 13 December 2024. This is because…
Approximately 42 percent respondents in the countries surveyed own cryptocurrencies currently or have previously bought them. Ownership is highest in Nigeria, South Africa, the Philippines, Vietnam, and India. Nigeria and…
A press release from the Toronto Police Service disclosed that in the fall of 2021, it received a “romance cryptocurrency fraud complaint” after the victim initially lost over $355,000 in…
Quintenz is a former Republican CFTC commissioner (2017–2021). Before the CFTC, he was Founder and leader of a hedge fund, Saeculum Capital Management. He currently leads policy at a16z Crypto,…
$RLUSD is a 1:1 US dollar-backed stablecoin. Like Tether’s USDT, US dollar deposits, short-term US government treasuries, and related cash equivalents, will be $RLUSD’s backing structure. $RLUSD aims to penetrate…
Since the passing of the bitcoin law in 2021, the IMF has mounted pressure on El Salvador to review it. In a January 2022 statement, the IMF noted, “Efforts to…
The purpose of the Bill is to align Nigeria’s capital market with current developments and strengthen the Securities and Exchange Commission (SEC)’s regulatory framework for “the regulation of securities, collective…
The Bill aims to diversify the financial assets of the National Treasury, protect international reserves against exchange rate fluctuations and geopolitical risks, foster the use of blockchain technologies in the…