Tag: Cryptocurrency Regulation

The Ripple Effect: How Legal Battles with Gary Gensler Could Impact XRP’s Price

Ripple Labs is challenging the SEC's classification of XRP, a lawsuit that could shape the regulatory landscape for digital assets in the U.S. ...

Regulatory Showdown: How the Coinbase Lawsuit is Redefining Crypto Compliance

The Coinbase crypto lawsuit against the SEC centres on the need for more explicit regulations for digital assets. Coinbase argues that current regulations...

Ghana Moves to Regulate Crypto Market: BoG Announces New Draft Guidelines for Exchanges

The Bank of Ghana (BoG) has introduced draft guidelines to regulate cryptocurrency exchanges in the country. Cryptocurrency exchanges, or Virtual Asset Service Providers...

Zambia Unveils AI Framework, Pioneering Tech Future in Africa

The Zambia AI Framework promotes sustainable development, healthcare, education, and economic growth among its young population.   Zambia's Science and Technology Minister Felix Mutati...

Innovating and Accountable: UK Treasury’s Crypto Framework

The UK Treasury anticipates introducing comprehensive cryptocurrency and stablecoin legislation by the end of July. As a result of a landmark legislation passed...

Nigerian Senate Pushes for Comprehensive Crypto Regulation to Stabilize Naira

The Nigerian Senate Committee underscores the urgent need for a clear regulatory framework for cryptocurrency to safeguard investors and stabilize the market. President Tinubu's administration advocates for developing the capital and crypto markets to safeguard the local currency. Crypto Regulation is considered necessary to protect investors from the hazards associated with unregulated digital asset...

A Binance Executive on the Run: Nigeria Seeks Extradition from Kenya

Nigerian authorities and Interpol have located Binance executive Nadeem Arjarwalla in Kenya, and extradition proceedings have been initiated. Arjarwalla's escape on a Kenyan...

SEC’s Uniswap Showdown: Navigating DeFi’s Regulatory Storm

The SEC's actions align with its broader efforts to regulate companies using digital assets, including Coinbase. UniSwap expressed concerns about the SEC's regulatory...

Collaborative Regulation: CBN and SEC’s Approach to Crypto Oversight in Nigeria

The Central Bank of Nigeria (CBN) has clarified that the Nigerian Securities and Exchange Commission (SEC) regulates cryptocurrencies. The CBN's commitment to collaborate...

Nigeria charges Binance Executive with tax evasion after Kenyan executive flees custody

Nadeem Anjarwalla, a Binance executive, escaped custody in Nigeria amid an investigation into Binance for allegations including crypto crime and tax evasion. Nigerian...

South Africa’s Model: A Blueprint for Crypto Regulation in Africa

South Africa's approach to crypto regulation can be summed up through the popular saying: "Start where you are, use what you have, do...

Ethereum Foundation Faces Inquiry From a Government; Fortune Says SEC Investigating ETH

The Ethereum Foundation is under investigation, and the SEC is considering classifying ETH as a security. This regulatory scrutiny comes amid Ethereum's technological...

UK Conviction Sheds Light on Crypto Money Laundering: Jian Wen’s Landmark Case

Jian Wen's conviction marks a significant milestone in the UK's fight against crypto money laundering. This case underscores the importance of advancing legal...

Senators pressure SEC’s Gensler not to approve any more crypto ETFs

Two prominent Democratic senators have voiced their concerns directly to Gary Gensler, urging a halt to the further approval of crypto ETFs. ...

From Vision to Reality: BSP’s Two-Year Plan for Wholesale CBDC Implementation

Governor Eli Remolona Jr. recently unveiled the BSP's ambitious endeavour, emphasizing a departure from blockchain technology in favour of a wholesale CBDC model. ...

Binance Faces Three-Month Ban in the Philippines

The head of the Philippines SEC, Kelvin Lee, clarified that the ban on Binance would take effect three months after the advisory was...