The Bank of Ghana has taken a significant step towards regulating the virtual asset industry in the country by requiring all Virtual Asset Service Providers (VASPs) operating in Ghana to…
In a significant move for the cryptocurrency industry, the US Senate has passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act with a bipartisan vote of 68–30.…
The South Africa High Court has ruled that cryptocurrencies are not subject to the country’s exchange control regulations. The court based its ruling on the fact that under South African…
In a step towards harnessing the transformative potential of blockchain technology, Nigeria’s Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, has released a Whitepaper detailing the country’s efforts…
Paolo Ardoino, CEO of Tether, defended the company’s decision not to seek registration under the European Union’s Markets in Crypto-Assets (MiCA) framework, citing concerns over the regulations’ potential impact on…
In a May-3-2025 statement, a group of US Senate Democrats emphasized the need for comprehensive regulations on stablecoins, citing growing concerns over consumer protection and financial stability. The Guiding and…
In a landmark move in the United States, President Donald Trump has signed a congressional resolution that eliminates a contentious Internal Revenue Service (IRS) rule targeting decentralized finance (DeFi) projects.…
In a landmark statement, the U.S Securities and Exchange Commission (U.S SEC) has announced that “Covered Stablecoins”—digital assets backed one-to-one by liquid, high-quality assets—will not be considered securities in the…
Binance, the largest cryptocurrency exchange by market capitalization, has announced the delisting of USDT (Tether) and other stablecoins from its European platform. This took effect 31 March 2025.
“Digital assets” are now expressly classified as “securities” in Nigeria, officially and effectively making digital assets regulation in the country the primary business of Nigeria’s Securities and Exchange Commission (SEC).…