Nigeria’s blockchain industry banks on new digital currency friendly SEC chief
President Bola Tinubu appointed former capital markets tsar Emomotimi Agama as the SEC head at a time when the Nigerian digital currency industry faces high uncertainty.
President Bola Tinubu appointed former capital markets tsar Emomotimi Agama as the SEC head at a time when the Nigerian digital currency industry faces high uncertainty.
If the Payment Stablecoin Act passed and applicable bank regulations followed, it would open the door for America's biggest banks to get involved in stablecoins.
Former CFTC Chair Timothy Massad said stablecoins may put the U.S. national security at risk because of their bearer nature, thus there is a need for more robust and comprehensive regulations.
The U.K.'s Competition and Markets Authority is inviting views on whether AI partnerships and other arrangements between the big techs create relevant merger situations.
South Africa is marching toward Vision 2025 payments digitalization, with the central bank identifying stablecoins and a retail CBDC as some of the pillars.
After news outlets reported on the directive supposedly issued to multiple banks, the Central Bank of Nigeria denied it amid a nationwide digital currency crackdown.
The bill would punish anyone found guilty of using AI to create deceptive deep fakes and is supported by Microsoft and IBM amid local tech firms’ opposition.
The latest AML package is part of an increased effort by the EU to combat terrorist financing, and money laundering, which was given urgency following Hamas' financing through digital assets.
The Research and Markets report highlights several factors responsible for the surge of artificial intelligence in regtech, including the requirement for real-time monitoring and reporting to protect consumers.
Canada has pledged to enforce the Crypto-Asset Reporting Framework (CARF), which aligns with OECD standards, one year before they take effect globally.
The CCI study is expected to examine the potential competition, scope, and nature of AI applications while assessing the tech's associated opportunities, risks, and ramifications.
Under the IRS' latest tax rule, anyone considered a digital asset broker must prepare Form 1099-DA for customers who sell or exchange digital assets to ensure all gains and losses are being reported.