Cryptocurrency industry Archives

Nigeria central bank forced to deny claims of crypto account freeze

Nigeria Central Bank denied issuing a mandate to freeze cryptocurrency-related accounts. Regulatory monitoring highlights the importance of compliance and openness in Nigeria's financial...

News June 22, 2024

The Lummis-Gillibrand Payment Stablecoin Act and Consumer Protection

U.S. Senators Kirsten Gillibrand and Cynthia Lummis introduced the bipartisan Lummis-Gillibrand Payment Stablecoin Act to improve stablecoin regulation. Regulatory compliance, financial stability, and...

News April 29, 2024

Nigeria’s FIRS Accuses Binance of Tax Evasion: The Unfolding Legal Battle

The FIRS has accused Binance of a litany of offences, including failure to pay Value-Added Tax (VAT) and Company Income Tax. The situation...

Editorial April 1, 2024

Binance to tighten token listing process, jeopardizing profitability

This strategic overhaul, aimed at intensifying listing requirements, underscores Binance's commitment to prioritizing investor protection on its platform. Its initiative to revamp its...

News March 26, 2024

The Finale of the FTX Saga

After only a month of court proceedings and four hours of jury deliberations, the court found Sam Bankman Fried guilty of all seven...

News November 8, 2023

Sam Bankman-Fried trial enters final stages ahead of conclusion

The Sam Bankman-Fried trial reveals the cryptocurrency industry's financial complexities and ethical issues. The prosecution has highlighted deceptive practices and an $8...

News October 26, 2023

Tag: Cryptocurrency industry