The International Monetary Fund (IMF) published a paper in Septem. It advises that successful CBDC adoption requires technical readiness, operational robustness, strategic policy, and design choices that target end-user and…
Russia has turned to cryptocurrency to circumvent international sanctions. Since the Russia-Ukraine war, the United States and the European Union (EU) imposed sanctions on Russia making it unable to use…
The US SEC charged eToro for having been offering crypto assets as securities on its trading platform “since at least 2020” without complying with federal securities laws. The US SEC…
The United Kingdom (UK) Parliament plans to recognize bitcoin and other digital assets as personal property. On 11 September 2024, a bill titled Property (Digital Assets etc) Bill was proposed…
It is disappointing that Nigeria, the top African country in crypto adoption and 11th in the world in 2022, according to Chainalysis, is not among the top 30 countries with…
While the BRICS continues to explore its alternatives to the United States Dollars (USD), India is considering using cryptocurrency for international trade.
A mobile-phone shop owner in Kent, United Kingdom (UK), has been charged for illegally operating automated teller machines (ATMs) for cashing cryptocurrency assets. The BBC News reported this on 28…
Nigeria’s Securities and Exchange Commission (SEC Nigeria) has announced its granting of “Approval-in-Principle” to two Digital Assets Exchange (DAX) firms under its Accelerated Regulatory Incubation Program (ARIP).
By Jude Ayua
Following media reports of the Nigerian government’s order on 22 February 2024 to telecommunications companies (telcos) and other internet service providers (ISPs) in the country to block access…
Coinbase has been in a legal tussle with the U.S. Securities and Exchange Commission (U.S SEC), sparking concerns about regulatory transparency and the fate of the local cryptocurrency sector. Despite…