The US cryptocurrency industry witnessed a significant development on 19 March as the US Securities and Exchange Commission (SEC) dropped its nearly five-year-long lawsuit against Ripple Labs.
Binance has announced it would delist nine stablecoins on its exchange in the European Economic Area (EEA) on 31 March 2025 to comply with the Markets in Crypto Asset (MiCA)…
United States President Donald Trump, on 6 March 2025, issued an executive order to establish a Strategic Bitcoin Reserve and a US Digital Asset Stockpile. The USDAS would serve as…
The Securities and Exchange Commission (US SEC), in the last week of February 2025, closed investigations into three cryptocurrency firms with no enforcement action. This development followed the dropping of…
The US Securities and Exchange Commission (SEC) has stated that memecoins are generally not considered securities under federal law. This is based on a staff statement issued on 27 February…
The Nigerian government, through its Federal Inland Revenue Service (FIRS), has filed a suit against Binance Holdings Limited (Binance). The FIRS requested the Federal High Court (FHC) in Abuja to…
In a post on X on Valentine’s Day, February 14, Binance’s Head of Financial Crimes Compliance, Tigran Gambaryan, narrated his experience in detention in Nigeria for approximately 8 months. This…
The US Securities and Exchange Commission (SEC)’s appeal against Ripple Labs is expected to end soon as the SEC is working on a proactive regulatory framework for cryptocurrencies. The SEC…