Despite the SECās 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…
The BoE and the Britain Ministry of Finance are jointly considering the decision to proceed with a state-backed digital pound but not before 2025, following a consultation which raised privacy…
Specifically in respect of bitcoin, Kozack explained, āOngoing discussions are focused on policies [and] reforms that can ā¦ boost productivity and economic governance addressing risks arising from bitcoin. A key…
The regulations introduced a value added tax (VAT) exemption to cryptocurrency and other virtual assets transactions. Effective from 15 November 2024, transfers and conversions of virtual assets will no longer…
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 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…
Nigeriaās Securities and Exchange Commission (SEC Nigeria) has announced its granting of āApproval-in-Principleā to two Digital Assets Exchange (DAX) firms under its Accelerated Regulatory Incubation Program (ARIP).
In the face of Nigeria’s significant economic and social challenges, the International Monetary Fund (IMF) recently endorsed the nation’s recent regulatory actions on crypto, maintaining that the current administration is…