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Regulation

IMF Calls for Stricter Regulation of Crypto Trading Platforms in Nigeria

The International Monetary Fund (IMF) has recently issued recommendations for the regulation of global crypto trading platforms operating in Nigeria. The swift rise of foreign exchange (FX) trading platforms in...
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Nigerian Fintech Giants Clamp Down on Crypto Transactions Amid Regulatory Pressure

In a move signaling a significant shift in Nigeria’s fintech landscape, major players like Moniepoint, PalmPay, and Paga have issued stern warnings to their users against conducting cryptocurrency transactions through...
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EU Enforces Stricter Regulations on Cryptocurrency Payments and Wallets

In a significant regulatory move, the European Union (EU) has implemented stringent measures against cryptocurrency transactions involving unidentified self-custody wallets, effectively rendering them illegal across the continent. The decision, which...
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Regulatory Ripples: Binance CEO to Step Down in $4 Billion DOJ Settlement

According to a CNBC report, Binance’s CEO, Changpeng Zhao, is set to plead guilty to criminal charges and relinquish his role as part of a colossal $4 billion settlement with...
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Meta’s Head of AI Research Argues Against Immediate Regulation, Citing Developmental Stages

In an exclusive interview with the Financial Times, Yann LeCun, Meta’s esteemed Chief AI Scientist, addressed concerns about the need for immediate regulation in the field of artificial intelligence. LeCun,...
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Namibian National Assembly Passes Bill to Regulate Digital Assets and Cryptocurrencies

The Namibian National Assembly has recently approved a bill aimed at regulating digital assets, cryptocurrencies, and digital asset service providers in the country. The bill, which is currently awaiting official...
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Dubai Virtual Asset Regulator Issues Reprimand to OPNX Exchange and Founders

The Dubai Virtual Asset Regulatory Authority (VARA) has taken action against OPNX, a tokenized exchange for bankrupt crypto entities, and its founders for carrying out virtual asset exchange services without...
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Coinbase Takes Legal Action: Sues SEC Over Lack of Clear Regulation for Digital Asset

Coinbase, one of the largest cryptocurrency exchanges in the United States, has filed a lawsuit against the Securities and Exchange Commission (SEC). The lawsuit comes after Coinbase filed a petition...
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