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…
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…
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…
The European Union (EU)’s Markets in Crypto-Assets (MiCA) regulation fully came into effect on 30 December 2024. All crypto asset service providers (CASPs) are now required to obtain a MiCA…
Increased adoption is not a surprise to many. In a continent where existing financial infrastructures in many countries are not as smart as the fast-growing, highly mobile and techy African…
The US Commodity Futures Trading Commission (CFTC) has announced on 27 January it will be hosting a series of public roundtable discussions focused on digital assets regulation and among other…
Eric Trump, US President Donald Trump’s son and executive vice president of the Trump Organization, has reportedly confirmed the President’s proposed capital gains tax (CGT) exemption for US-based cryptocurrency projects…
The executive order mandates the heads of the Treasury, the Department of Justice, the SEC, and other relevant agencies in the Working Group to identify relevant regulations, guidance documents, and…
by Jude Ayua
Bank of America CEO Brian Moynihan stated in a recent interview with CNBC that the US banking sector would adopt cryptocurrencies for payments if regulators permit it.…