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Regulations
South Korea to tighten crypto exchange oversight with new monitoring system
South Korea’s Financial Supervisory Service (FSS) plans to tighten oversight of crypto trading platforms under its…
Nigeria to mandate local offices, leadership for crypto firms seeking license…
The Securities and Exchange Commission (SEC) of Nigeria has introduced stringent guidelines for Virtual Asset…
Russia contemplating permanently legalizing stablecoins for cross-border payments
The Russian government is contemplating the official legalization of stablecoins for international transactions to…
KuCoin to enforce 7.5% VAT on Nigerian trades amid regulatory changes
Crypto exchange KuCoin said it would start collecting a 7.5% value-added tax on trading fees from its Nigerian…
Galaxy’s Novogratz says crypto will get favorable regulation regardless of…
Galaxy Digital CEO Mike Novogratz has forecasted a favorable regulatory environment for cryptocurrencies in the US…
Court greenlights expediting Consensys, SEC lawsuit
A federal judge has approved a timeline for the court to consider the merits of the lawsuit filed by software firm…
Singapore raises risk level for digital payment token providers in…
The Monetary Authority of Singapore (MAS) elevated the risk level of Digital Payment Token (DPT) service providers…
Mark Cuban urges SEC to adapt Form S-1 for crypto companies
Billionaire investor Mark Cuban has urged the US Securities and Exchange Commission (SEC) to modify Form S-1 so…
Silvergate settles SEC lawsuit for $50 million; Fed, California regulator demand…
Silvergate Capital settled with the SEC for $50 million as Federal Reserve governors and California financial…
Bahamas to provide CBDC access via commercial banks
The Bahamas will provide access to its central bank digital currency (CDBC) the “Sand Dollar” through commercial…
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