Exclusive: Nigeria’s digital currency community speaks out on central bank ban
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.
Latest regulation News
Digital currency ATMS ‘increasingly used for money laundering’ in US drug market: DEA
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.
Vietnam warns investors of digital currency trading risk
Financial authorities in Vietnam have issued a warning to the public to be aware of the risks of investing in digital currency.
Thai SEC rolls back income requirements for digital currency traders after furor
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.
Turkish Treasury exploring digital currency with regulators
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.
Kentucky senator wants green incentives extended to block reward miners
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.
Albany Law School webinar explores ‘Blockchain and Cryptocurrency: The Legal Framework and Future Trends’
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.
Likely SEC head has ‘investor interests’ at heart, in blockchain and elsewhere
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 regulatory sandbox to prioritize blockchain projects
Ghana’s central bank has launched a regulatory and innovation sandbox, with a focus on projects building on blockchain technology.
NY attorney general tells digital currency firms to ‘play by the rules’ or shut down
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.
Nigeria VP calls for regulation, not ban of digital currencies
Speaking at a recent event, Yemi Osinbajo rebuked the recent ban on digital currencies, advocating for Nigerian authorities to regulate the industry.
US securities regulator issues a risk alert on digital asset securities
The SEC risk alert notes the digital assets that qualify as securities present unique challenges and risks which firms must consider when designing their compliance program.
