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…
WisdomTree has filed an application to the US Securities and Exchange Commission (SEC) for a spot XRP exchange-traded fund (ETF). This move makes WisdomTree the fourth company to seek SEC…
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…
Reaching the $100,000 mark is a monumental achievement for bitcoin, carrying significant psychological and technical implications. From a psychological perspective, this milestone represents a major breakthrough in mainstream recognition and…
A recent analysis predicts that the United States Federal Reserve’s monetary policies could expand the global money supply by a whopping$20 trillion in 2025. A portion of this potential $20…
Trump’s choice of Atkins as the US SEC chair shows his resolve to take a lighter regulatory approach toward cryptocurrencies than the current administration under the chair, Gary Gensler. In…
RLUSD’s approval will enable Ripple to launch its into New York’s tightly regulated crypto market fully, positioning it as a competitor to prominent stablecoin issuers like Circle, Paxos, and Gemini.…
In a stunning development, XRP has risen to become the 3rd-largest cryptoassets by market capitalization, following bitcoin (BTC) and Ethereum (ETH). XRP’s market cap sits around $154 billion at the…
Meanwhile, the United Kingdom government is proposing a regulatory framework for stablecoins by December 2024. On 6 November, the Bank of England (BOE) published a discussion paper which set out…