Nigeria’s central bank didn’t ban digital currencies, official clarifies
The central bank’s directive only applied to banks, prohibiting them from processing transactions related to digital currencies, an official said.
Latest regulation News
Hester Peirce hopes regulators will change attitude towards digital currencies
Hester Peirce hopes that 2021 will be a turning point for digital currency regulations in the United States.
Financial Action Task Force releases updated guidance
The revised guidance comes after a 12-month review of the initial release, which found that some jurisdictions’ AML and CFT regimes with respect to digital assets were still underdeveloped or not developed at all.
EU regulator warns investors on non-regulated digital currency risks
The European Securities and Markets Authority report said digital currencies enjoyed a surge in volumes and value over the second half of 2020, pushing some digital currencies up to all-time highs.
Hester Peirce talks digital asset regulation and bringing more clarity to support innovation on Blockchain Policy Matters
In the latest episode of Blockchain Policy Matters, Bitcoin Association Founding President Jimmy Nguyen caught up with SEC Commissioner Hester Peirce to discuss the current regulatory picture.
Bank of Thailand warns against illegal baht-backed stablecoin
The stablecoin, called Thai Baht Digital (THT), is created on the Terra platform, according to Bank of Thailand officials.
Belarus earmarks tech innovation administration for digital currency supervisory role
The government of Belarus has outlined new proposals for regulating digital currency sector, which would see the High Technologies Park Administration tasked with the role of supervisory authority.
Japan eyes central bank digital currency experiments in 2021
Bank of Japan Governor Haruhiko Kuroda stressed the need for Japan to prepare thoroughly for a time in which it may need to issue a digital yen.
Trade body calls on UK chancellor to intervene in digital currency register debacle
CryptoUK has called on Chancellor Rishi Sunak to step in to tackle problems around the digital currency assets register.
Putin: Russia must monitor increasing criminal use of digital currencies
Russian President Vladimir Putin wants the country’s law enforcement agencies to focus more on the digital currency industry, which he believes is being used increasingly by “criminal elements.”
The endangered state of digital asset exchanges
The U.S.’s expanding offensive on digital asset players should be a clear signal that existing regulatory structures apply to the digital asset ecosystem.
The NFT craze is being driven by ignorance
As more and more NFTs reach ridiculous valuations, it is becoming obvious that the market is almost entirely blind to what an NFT is—and what it is not.