As reported earlier, Nigeria made a groundbreaking move by officially recognizing virtual assets and investment contracts as securities with the signing of the Investment and Securities Act (ISA) 2024 by…
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…
In a bid to drive global adoption of its USDC stablecoin, Circle paid $60.25 million to Binance to promote and hold the digital asset. This strategic move aims to solidify…
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.
by Edison Irabor
The stablecoin market has witnessed unprecedented growth, with US dollar stablecoins reaching a staggering $230.2 billion, adding $1.83 billion towards the end of March 2025. The immediate drive…
“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).…
Divest App emerges as a game-changer in this space, offering businesses a seamless way to accept cryptocurrency and instantly convert it to cash. With Divest VIP trades, users are guaranteed…
Nigeria’s crypto ecosystem is experiencing significant growth, thanks to the Securities and Exchange Commission’s (SEC) decision to issue provisional crypto operations licenses to two startups, Busha and Quidax, in August…
The US SEC’s lawsuit against Ripple began in 2020 when the SEC charged Ripple with conducting an unregistered securities offering through XRP sales.
The US cryptocurrency industry witnessed a significant development on 19 March as the US Securities and Exchange Commission (SEC) dropped its nearly five-year-long lawsuit against Ripple Labs.