Crypto Regulation: Nigerian SEC Raises Capital Requirement For Exchanges To N2 Billion

Nigeria, Africa’s most populous nation, is paying vast attention to its rapidly developing cryptocurrency industry marked by a string of new regulations. In the latest development, the Nigerian Securities and Exchange Commission (SEC) has shared a revised minimum capital for all regulated market entities, including operators in the digital asset market. Related Reading: Senators Signal […] дальше »

2026-1-18 04:00

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Too few jurisdictions take proper virtual asset precautions: FATF

A recent report reveals that the majority of jurisdictions worldwide have only partially complied with the FATF recommendations for regulating virtual assets and virtual asset service providers to combat money laundering and terrorist financing. дальше »

2024-7-14 00:21

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Nigeria to tighten crypto regulation in wake of Binance disputes

The Nigerian Securities and Exchange Commission (SEC) has disclosed plans to introduce new regulations for crypto operators following recent challenges with Binance. New regulations The planned regulation would include licensing, registration, and screening guidelines for digital and virtual asset services providers (VASPs). дальше »

2024-3-7 15:00

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Bitcoin’s 195% gain overshadows the tech sector’s ‘Magnificent 7’

Quick Take Comparing the performance of the ‘Magnificent 7’ tech stocks—Nvidia, Meta, Microsoft, Amazon, Google, Tesla, and Apple—to Bitcoin shows that the coveted group of assets is seeing significant competition from Bitcoin. дальше »

2024-3-7 14:00

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First Mover Asia: Bitcoin Opens the Week Testing $25K

Also: Hong Kong will unveil its new crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. дальше »

2023-2-20 05:54

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TRM Labs launches Beacon Network, the holy grail of recovering stolen crypto

TRM labs has announced the launch of Beacon Network to aid the recovery of stolen digital assets before malicious hackers cash out. дальше »

2022-11-18 12:35

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VASPs want to work with regulators after FTX collapse

VASPs have been ramping up efforts to comply with regulators in the wake of controversies like the FTX collapse. дальше »

2022-11-17 14:49

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UAE Close To Issuing New Regulatory Framework For Crypto Firms, Says Regulator

The Securities and Commodities Authority (SCA) has stated that the United Arab Emirates (UAE) is moving closer to providing a regulatory and supervisory framework that will control the country’s virtual asset business. дальше »