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…
The FATF travel rule aims to combat money laundering, terrorist financing, and the illicit proliferation of weapons. The Directive shows South Africaās efforts to exit the FATF greylist, which it…
Although Gensler did not mention his resignation expressly during the speech at PLI, there are signs pointingĀ to it. His reputation of āregulation-by-enforcementā at the US SEC during his tenure…
Despite the SECās targeting of leading crypto and Web3 companies, Immutable became the first Web3 gaming company to have been issued a Wells notice. In the announcement, Immutable stated its…
Gambaryan’s arrest in February sparked international attention, particularly in the cryptocurrency community. The former IRS agent and US citizen was in Nigeria to address regulatory concerns about Binance when he…
Iyinola Aboyeji, a prominent figure in Nigeria’s financial sector, has called for the release of Tigran Gambaryan, Binance’s head of financial-crime compliance, who has been detained in Nigeria since February…
According to a Friday statement by Germany’s Federal Criminal Police Office (Bundeskriminalamt, or BKA) and the Attorney Generalās Office in Frankfurt, the targeted exchanges were allegedly involved in concealing the…
The United Kingdom (UK) Parliament plans to recognize bitcoin and other digital assets as personal property. On 11 September 2024, a bill titled Property (Digital Assets etc) Bill was proposed…
It is disappointing that Nigeria, the top African country in crypto adoption and 11th in the world in 2022, according to Chainalysis, is not among the top 30 countries with…
Nigeriaās Securities and Exchange Commission (SEC Nigeria) has announced its granting of āApproval-in-Principleā to two Digital Assets Exchange (DAX) firms under its Accelerated Regulatory Incubation Program (ARIP).