IThe Russian government and the Central Bank of Russia have agreed to accept bitcoin as a currency. This is coming barely four months after El Salvador also adopted bitcoin, but…
In late January 2022, the Senate of the State of Arizona—the Fifty-fifth Legislature during its Second Regular Session in 2022—proposed “AN ACT AMENDING TITLE 1, ARIZONA REVISED STATUTES, BY ADDING…
Nigeria’s blockchain association and one of the leading communities in the country’s emerging blockchain & crypto industry, the Stakeholders in Blockchain Association of Nigeria (SiBAN), on Saturday 5 February…
On Tuesday 1 February 2021, the news that Botswana lawmakers had passed a bill to regulate trading in cryptocurrencies and digital tokens in the country traveled far and wide. The…
India’s finance minister, Nirmala Sitharaman, announced on 1 February 2022 a 30% tax on any income earned from the transfer of virtual digital assets. The Indian crypto market is among…
The Stakeholders in Blockchain Association of Nigeria (SiBAN)—a self-regulatory body in Nigeria’s emerging blockchain industry—has intervened in a matter involving one of the world’s leading crypto exchanges, Binance, and some…
The year 2021 witnessed a tremendous rise in cryptocurrency adoption around the world. At the close of the year, the total market cap of cryptocurrency hit $3.3 trillion. From a…
Across various jurisdictions, there is still a high level of uncertainty regarding how stablecoins should be regulated. Generally, below are the major options regulators have been considering: options being: 1.…
“Cryptography is a method of encrypting and hiding codes that prevent oversight, accountability, and regulation”. You read that right!
We reject the undue discrimination against Nigeria’s blockchain & crypto industry. We note that our emerging blockchain & crypto industry has been severally, repeatedly, and largely unduly criminalized, demonized, and…