Despite thriving for years now, Nigeria’s digital currency industry faces its biggest threat yet following a central bank ban that has denied it basic banking services.
In a new report, the law enforcement agency said drug traffickers were turning to digital currency ATMs as a way of illegally transferring money to avoid detection.
Financial authorities in Vietnam have issued a warning to the public to be aware of the risks of investing in digital currency.
Confirming the draft proposals were only meant to test stakeholder sentiment, the Thai securities regulator withdrew the plans following sharp public criticism in the hours after its announcement.
The Turkish Ministry of Treasury and Finance tweeted that it was beginning work with a number of regulatory bodies to assess the risks posed by cryptocurrency, and to devise a government solution.
The bill, submitted to the Kentucky state Senate in early March, would work by amending the Energy Independence Act, which has been in force in the state since 2007.
The panel covers a range of topics that lawyers, prospective lawyers, and any individual or business that needs to navigate the laws surrounding blockchain and digital currency would find useful.
Gary Gensler, the Biden administration's nominee to head the U.S. Securities and Exchange Commission, has highlighted "investor protections" as priorities for the digital asset industry.
Ghana’s central bank has launched a regulatory and innovation sandbox, with a focus on projects building on blockchain technology.
In an alert aimed at New York investors, Attorney General James described the “extreme risk” of investing in digital currencies, made all the more relevant by the recent surge in prices.
Speaking at a recent event, Yemi Osinbajo rebuked the recent ban on digital currencies, advocating for Nigerian authorities to regulate the industry.