Nigerian finance minister asks SEC to address crypto regulations

2024-7-10 12:51

Nigeria’s Finance Minister, Wale Edun, has called for the creation of cryptocurrency regulations as the nation has been introduced to the newly inaugurated Securities and Exchange Commission (SEC) board.

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From Silicon Valley to Global Hubs: US Crypto Developers Shift Overseas, Experts Weigh In

The United States has long been a beacon of technological innovation, but in recent years, it has seen a troubling trend in the cryptocurrency sector. A combination of stringent regulations spearheaded by SEC Chair Gary Gensler and growing international competition has led to a notable decline in the US’s share of global crypto development. Related […]

2024-6-14 05:00


SEC Counters Coinbase’s Petition For New Crypto Regulations

The US Securities and Exchange Commission (SEC) has filed a countermotion against Coinbase’s rulemaking petition for the crypto industry. In a brief submitted on May 10, the US regulator argues against Coinbase’s request stating there is no need for creating a regulatory framework for crypto assets in place of existing US securities laws. Related Reading: […]

2024-5-12 10:38


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Week in crypto: CZ’s sentencing, Shiba Inu’s impressive growth, & Ripple vs. SEC’s new turn

The crypto market ended the week with various notable headlines, with Binance, Shiba Inu (SHIB), and Ripple (XRP) dominating trends over the last seven days. Binance founder faces a 36-month jail term New legal updates reveal former Binance CEO and founder Changpeng Zhao awaits sentencing for violating the United States’ money-laundering regulations. US prosecutors asked for a […]

2024-4-29 13:18


Coinbase Opens Appeal Against ‘Arbitrary and Capricious’ SEC Regulations Denial

Coinbase has filed an appeal against the SEC's denial to classify cryptocurrencies as securities, challenging the decision as "arbitrary and capricious. " This action signifies a major step in the ongoing quest for regulatory clarity in the cryptocurrency market, with Coinbase leading the charge against the SEC's slow response and perceived regulatory overreach.

2023-12-19 11:43


Crypto In Danger? SEC’s 2024 Exam Priorities Signal Tighter Regulation

In a year marked by regulatory scrutiny and enforcement actions against the crypto industry, the US Securities and Exchange Commission (SEC) shows no signs of slowing down.  The SEC’s Division of Examinations recently unveiled its 2024 priorities, signaling a potential tightening of regulations for crypto exchanges, firms, and cryptocurrencies falling under the SEC’s definition of […]

2023-10-18 01:00


SEC Chief Unleashes Fury On Crypto Industry, Says It’s ‘Rife With Fraud’

Gary Gensler, the chairman of the US Securities and Exchange Commission, continues to express deep concerns about the cryptocurrency sector and its lack of regulatory oversight. In an interview, Gensler once again criticized cryptocurrencies’ decentralized nature, making it a headache of sorts for the SEC to enforce regulations and protect investors effectively. Gensler’s primary message […]

2023-7-29 13:34