he regulations will limit public offers of crypto assets to authorized crypto platforms. Following the publication of its Discussion Paper on the proposed regulations, the FCA issued a statement on…
The US SEC cited violation of securities regulations which CyberKongz confirmed in its statement. “One of their major concerns with CyberKongz is around the ‘sale’ of Genesis Kongz in April…
The proposal focuses on technical design, operational models, and privacy considerations for retail CBDCs, aiming to balance innovation, security, and user-centric functionality. The proposal emphasizes scalability, privacy safeguards, and integration…
The FSCA said it has received 420 CASP licence applications, of which it approved 248 and declined nine.
While 106 applicants have voluntarily withdrawn their applications after engagements with the FSCA…
The Rules, introduced in 2022 and revised 27 September 2024, will be effective from 30 June 2025. The amendment adds new provisions and removes one, stating the justification for each…
by Jude Ayua
Coinbase has delisted Tether (USDT) and five other stablecoins in Europe, following its final announcement that these stablecoins would be deleted by 13 December 2024. This is because…
Since the passing of the bitcoin law in 2021, the IMF has mounted pressure on El Salvador to review it. In a January 2022 statement, the IMF noted, “Efforts to…
The purpose of the Bill is to align Nigeria’s capital market with current developments and strengthen the Securities and Exchange Commission (SEC)’s regulatory framework for “the regulation of securities, collective…
The Bill aims to diversify the financial assets of the National Treasury, protect international reserves against exchange rate fluctuations and geopolitical risks, foster the use of blockchain technologies in the…
Meanwhile, the United Kingdom government is proposing a regulatory framework for stablecoins by December 2024. On 6 November, the Bank of England (BOE) published a discussion paper which set out…