Policy, enforcement and the global rulebook for crypto.
The Central Bank of Nigeria (CBN) has officially lifted its previous banking restrictions on virtual asset service providers (VASPs), including cryptocurrency exchanges. This reversal comes after a 2021 directive that barred financial institutions from facilitating crypto-related
In a recent blog post, Brian Armstrong, the CEO and Co-founder of Coinbase, shared his vision for the future of finance, emphasizing the significant role of cryptocurrency. He asserts that crypto is not just a transient trend but a key player in the future of money. Armstrong als
Worldcoin, a project led by Sam Altman, has temporarily ceased its orb services in India, Brazil, and France, reacting to recent regulatory shifts. According to Moneycontrol, this decision, particularly affecting the project’s retinal scanning verification process, was implemente
Grayscale CEO Michael Sonnenshein has expressed a bullish outlook for the cryptocurrency market, suggesting that the potential approval of a spot Bitcoin ETF next month could lead to a substantial $30 trillion influx into various cryptocurrencies including Ether, XRP, Solana, Car
This week, the European Union has introduced a fresh wave of sanctions that specifically target Russian nationals in executive roles within the cryptocurrency industry. These sanctions, which were outlined in a declaration released on December 18, aim to block Russian individuals
The U.S. Securities and Exchange Commission (SEC) is actively progressing with its review of Bitcoin ETF applications, having held significant meetings with major applicants Grayscale and BlackRock on December 19, 2023. These meetings are part of an ongoing series of high-level d
The UK Treasury’s consultation on the Digital Securities Sandbox (DSS) has successfully concluded, drawing significant attention and participation from financial industry stakeholders. This consultative process, integral to the Financial Services and Markets Act 2023, was active
Bybit, based in Dubai and noted as the globe’s third-largest exchange in terms of trading volume, has recently enhanced its transparency efforts with an expanded proof-of-reserves (PoR) attestation. This attestation now verifies a broader spectrum of 32 digital currencies. This m
Brian Armstrong, the CEO of Coinbase, a leading crypto exchange based in San Francisco, has publicly disputed the stance of several United States Senators on cryptocurrency. Utilizing the social media platform X (formerly Twitter), Armstrong voiced his concerns, particularly high
