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…
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…
The FATF travel rule aims to combat money laundering, terrorist financing, and the illicit proliferation of weapons. The Directive shows South Africa’s efforts to exit the FATF greylist, which it…
“This achievement reflects our dedication to providing secure, compliant, and transformative solutions for our customers both in South Africa and across Africa,” remarked Chris Maurice, Yellow Card’s co-founder and CEO.
Nigeria’s achievement received official recognition during the 42nd Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA) Technical Commission and Plenary Meeting held in Freetown, Sierra Leone, from 17…
indings You Should Know.
About the Author: Jude Ayua is a policy analyst at CAB. A lawyer, Jude is an associate at Infusion Lawyers where he is a member of the…
Although Gensler did not mention his resignation expressly during the speech at PLI, there are signs pointing to it. His reputation of “regulation-by-enforcement” at the US SEC during his tenure…
In the pilot program, UBS facilitated blockchain-based transactions with multinational corporations and financial institutions, handling domestic transactions within Switzerland and cross-border payments in U.S. dollars, Swiss francs, euros, and Chinese…
Despite the SEC’s targeting of leading crypto and Web3 companies, Immutable became the first Web3 gaming company to have been issued a Wells notice. In the announcement, Immutable stated its…
This reflects a growing interest among governments in the potential benefits of cryptocurrencies, recognizing their economic, social, and other advantages. Other jurisdictions could adopt similar measures to improve public services.