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Business

Nigeria’s SEC to issue first VASP license this month: report
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22 August, 2024

Nigeria’s SEC to issue first VASP license this month: report

SEC Chair Emomotimi Agama says that he is committed to “supporting the youth” by regulating a digital asset space whose...
Binance lawsuit targets exchange as ‘get-away driver’ for bad actors
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22 August, 2024

Binance lawsuit targets exchange as ‘get-away driver’ for bad actors

Binance has been hit with various complaints and settlements in different jurisdictions, with a civil lawsuit filed at the U.S....
Nigeria’s Lagos state targets real estate tokenization to boost revenue
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22 August, 2024

Nigeria’s Lagos state targets real estate tokenization to boost revenue

The wealthiest state in Nigeria, Lagos, has pledged $300,000 to tokenize real estate, widening the investor base by availing fractional...
Colorado church eyes tokenization to raise funds for $2.5 million chapel
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22 August, 2024

Colorado church eyes tokenization to raise funds for $2.5 million chapel

To achieve the task of tokenization, the Colorado House of Prayer launched its digital asset called "Stone Coin" on Polymesh's...
Dubai court recognizes employees’ right to receive salary in digital assets
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22 August, 2024

Dubai court recognizes employees’ right to receive salary in digital assets

The Dubai Court held that employees are entitled to receive compensation in both fiat and digital currencies subject to the...
China supreme court adds ‘virtual assets’ to anti-money laundering law
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21 August, 2024

China supreme court adds ‘virtual assets’ to anti-money laundering law

China's Supreme People's Court and the Supreme People's Procuratorate announced that under the new interpretation of the law, "virtual asset"...
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