Tag: Regulatory Compliance

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...

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...

CoinList announces Bondex (BNDX) community sale with Revised Participation Model

CoinList announces the Bondex (BNDX) community sale with innovative updates to the token sale process. Bondex, positioned as a disruptive Web3 talent network,...

Mantra Chain Secures $11 Million from Latest Investment Funding Round

MANTRA Chain's blockchain technology aims to revolutionize the financial ecosystem by tokenizing real-world assets. Focusing on regulatory compliance and building compliant infrastructure underscores...

Towards a Stable Digital Economy: Kelp’s Journey in Cryptocurrency Evolution

The heart of Kelp's strategy lies in the Kelp Protocol, a pioneering algorithm. With a growing community of 80,000 members and a mobile...

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...

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...

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...

Animoca Brands teams up with Blockpass for enhanced web3 security

Animoca Brands has partnered with Blockpass in a strategic move that will redefine the standards of Web3 security and compliance. Blockpass brings...

Mox Bank’s Strategic Leap into Cryptocurrency Investment and Bitcoin ETFs

Mox Bank is on the cusp of integrating cryptocurrency investment services and Bitcoin Exchange-Traded Fund (ETF) solutions. The advent of digital asset services...

Nexo Ventures into Dubai’s Crypto Landscape with VARA Preliminary Approval

Nexo has secured preliminary approval from Dubai's Virtual Assets Regulatory Authority (VARA). The firm remains committed to aligning its market strategies with...

Adieu to Leveraged Tokens: Binance Announces Strategic Shift Amidst Crypto Market Changes

Binance is charting a new course by announcing the cessation of select leveraged tokens. Leveraged tokens like the BLTs facing sunset are intricate...

Ethena’s USDe Stablecoin Launch Signals a Paradigm Shift in Decentralized Finance

Ethena Labs sparked a buzz across social media platforms with the launch of its USDe stablecoin on the public mainnet. Ethena's foray into...

From Proof-of-Concept to Possibilities: Citibank’s Digital Asset Frontier

Citibank announced the successful completion of a proof-of-concept on private fund tokenization. Following Citi's announcement, Avalanche's AVAX coin witnessed a notable surge, reflecting...

Google’s January Surprise: Cryptocurrency Trusts Find a Spot in Advertising

Google will permit cryptocurrency trust-related ads starting January 29, 2024, aligning with the anticipated approval of U.S. spot Bitcoin ETFs. The policy update...

Bankman-Fried’s Legal Battle: Setbacks Deepen with Denial

The U.S. Court of Appeals has rejected FTX founder Sam Bankman-Fried's plea for release during the appeal process for the Second Circuit. The...