The US Securities and Exchange Commission (SEC) has stated that memecoins are generally not considered securities under federal law. This is based on a staff statement issued on 27 February…
The Nigerian government, through its Federal Inland Revenue Service (FIRS), has filed a suit against Binance Holdings Limited (Binance). The FIRS requested the Federal High Court (FHC) in Abuja to…
Dogecoin (DOGE) has faced a downturn, marking three consecutive days in the red. The leading memecoin by market capitalization has dropped by over 27% in the past month, following a…
The US Securities and Exchange Commission (SEC)’s appeal against Ripple Labs is expected to end soon as the SEC is working on a proactive regulatory framework for cryptocurrencies. The SEC…
The US Securities and Exchange Commission (US SEC) and Binance Holdings Limited (Binance), alongside other Defendants in the SEC’s ongoing case against Binance, have jointly moved to stay the case…
In the ongoing regulatory overhaul in the US cryptocurrency sector under Trump’s second administration, the Federal Deposit Insurance Corporation (FDIC) and the Consumer Futures Trading Commission (CFTC) have announced plans…
The US Securities and Exchange Commission (SEC)’s Crypto Task Force Chair, Commissioner Hester M. Peirce, issued a statement on 4 February disclosing a ten-point agenda for the task force. Pierce…
Crypto.com has delisted Tether’s USD-pegged stablecoin (USDT) along with nine other tokens in compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. The other tokens include Wrapped Bitcoin (WBTC),…
During a recent press conference, US Federal Reserve Chair Jerome Powell affirmed that banks may serve cryptocurrency clients, provided they understand and manage the associated risks effectively. Powell stressed that…
The Virtual Assets Chamber of Commerce (VACC), a virtual assets advocacy group in Kenya, has presented policy recommendations to the country’s technical working group on virtual asset regulations. The proposal…
