UK Targets Increased Regulation Of Cryptocurrency With Upgrade Economic Crime Plan

The United Kingdom says it would increase enforcement and regulation of the cryptocurrency industry.   This is as contained in its Economic Crime Plan 2 (2023- 2026).   The three-year...
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SEC In Thailand Seeks Inputs Over Plans to Regulate Digital Currency Staking and Lending

The Securities and Exchange Commission (SEC) in Thailand has invited stakeholders to provide inputs and comments on the proposed legalization or otherwise of cryptocurrency staking and lending services by digital...
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South Korea Makes New Proclamation On Security Tokens

The South Korean Financial Services Commission has released a new guideline defining security tokens. This now calls for the amendment of some laws guiding security tokens such as the Capital...
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UK Regulator Asks Firms To Brace Up For New Regulation Regime

The UK’s Financial Conduct Authority on Monday said that cryptocurrency firms in the country should prepare for a new crypto promotion regulation regime. This follows the adjustments of some rulings...
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Coinbase Fined €3.3 Million Over Non- registration In the Netherlands

Cryptocurrency exchange, Coinbase has been fined €3.3 million by the De Nederlandsche Bank (DNB), which is the Dutch Central Bank for operating without a license. This is in addition to...
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Ireland’s Apex Bank Seeks Ban On Crypto Adverts

The Central Bank of Ireland has recommended a ban on cryptocurrency advertising targeted at young people. The bank’s Governor, Gabriel Makhlouf stated this recently when he appeared before members of...
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Nigeria’s Central Bank Plans To Create A Framework On Crypto Regulation

Nigeria’s Apex bank, the Central Bank of Nigeria (CBN) has announced plans to come up with a regulatory framework that will guide cryptocurrency adoption in the country. This change of...
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“FTX Collapse, Crypto Market Sell-offs Show Vulnerability In Ecosystem”- RBI

The Reserve Bank of India (RBI) says that the collapse of the crypto exchange FTX and the turmoil that affected the cryptocurrency market have highlighted the inherent vulnerabilities in the...
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Bolsonaro Signs Brazil Crypto Bill Into Law

Brazil’s President, Jair Bolsonaro has signed a bill legalizing the use of cryptocurrency as a means of payment in Brazil. The bill, tagged ‘bill 14.478 as approved by Brazil’s Chamber...
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Nigerian Legislators To Pass Law On Crypto

Nigeria’s House of Representatives says it will soon pass a law to allow the use of digital currencies in Nigeria. This, according to the Chairman of the House of Representatives...
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