The Bank of Ghana has taken a significant step towards regulating the virtual asset industry in the country by requiring all Virtual Asset Service Providers (VASPs) operating in Ghana to…
The South Africa High Court has ruled that cryptocurrencies are not subject to the country’s exchange control regulations. The court based its ruling on the fact that under South African…
In a landmark move in the United States, President Donald Trump has signed a congressional resolution that eliminates a contentious Internal Revenue Service (IRS) rule targeting decentralized finance (DeFi) projects.…
In a landmark statement, the U.S Securities and Exchange Commission (U.S SEC) has announced that “Covered Stablecoins”—digital assets backed one-to-one by liquid, high-quality assets—will not be considered securities in the…
Binance, the largest cryptocurrency exchange by market capitalization, has announced the delisting of USDT (Tether) and other stablecoins from its European platform. This took effect 31 March 2025.
“Digital assets” are now expressly classified as “securities” in Nigeria, officially and effectively making digital assets regulation in the country the primary business of Nigeria’s Securities and Exchange Commission (SEC).…
Nigeria’s crypto ecosystem is experiencing significant growth, thanks to the Securities and Exchange Commission’s (SEC) decision to issue provisional crypto operations licenses to two startups, Busha and Quidax, in August…
The US SEC’s lawsuit against Ripple began in 2020 when the SEC charged Ripple with conducting an unregistered securities offering through XRP sales.
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.
In a landmark decision, the US Office of the Comptroller of the Currency (OCC) has cleared the way for national banks to engage in certain cryptocurrency activities. Published in the…