Nigeria’s Securities and Exchange Commission (SEC Nigeria) has announced its granting of “Approval-in-Principle” 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…
The lack of a clear legal framework for digital assets has led to several cryptocurrency firms—particularly those based in the United States—being slammed with lawsuits from U.S market regulators. According…
The Blockchain Industry Coordinating Committee (BICCON), the intercommunity team in Nigeria’s blockchain industry, has extended an invitation to all digital assets exchange operators, wallet providers, other virtual asset service providers…
The immediate former Managing Director at the Nigerian Capital Market Institute (NCMI), Emomotimi Agama, was appointed Director-General of the Securities and Exchange Commission (SEC) by President Bola Ahmed Tinubu on…
Before the Central Bank of Nigeria (CBN)’s circular of 5 February 2021 which was an order prohibiting banks and other financial institutions from facilitating cryptocurrency-related transactions, users were able to…
Yves Mersch, Executive Board Member, European Central Bank (ECB), hints at the London Blockchain Conference about new legislation coming soon! Mersh looks at key considerations, challenges, and goals for cryptocurrency…
The Federal Government of Nigeria approved the National Blockchain Adoption Strategy, otherwise known as the national blockchain policy. The draft of the national blockchain policy was first introduced by the…
Markets in Crypto-Assets (MiCA), a comprehensive regulatory framework for cryptoasset operators in the European Union (EU), has been passed by the EU Parliament. It was made law on Thursday 20…
Skeptics of the FedNow Service such as Robert F. Kennedy Jr., fear that it could, among other concerns, give the U.S. government increased access to “surveil all our private financial…
