Crypto regulation

Blockchain & Crypto

Robinhood Declares 224% Crypto Trading Surge

A 224% increase in crypto trading volumes in the first year’s quarter boosted Robinhood trading figures to $36 billion, with crypto services contributing to nearly 40% of the firm’s transaction-based revenue.

News

Hong Kong Crypto ETFs Begin Trading

Spot Bitcoin and Ethereum exchange-traded funds (ETFs), the first crypto ETFs in Asia, have officially gone live in the Hong Kong stock market today.

Blockchain & Crypto

Hong Kong Approves Bitcoin and Ethereum ETF

Moving ahead of the U.S. regulators, the SEC of Hong Kong has officially approved both Bitcoin and Ethereum ETF products from major local asset managers.

News

Paraguay Postpones Bitcoin Mining Ban

Senators of Paraguay are now considering selling excess energy from its Itaipu hydropower plant to miners instead of the blanket Bitcoin mining ban proposed earlier.

Blockchain & Crypto

Nigeria’s SEC Hikes Crypto Exchange Registration Fee to N150M

The regulator proposes to increase the registration fee for cryptocurrency exchanges in Nigeria fivefold – from 30 million naira ($18,620) to 150 million naira ($93,000).

News

Kraken Aims to Dismiss SEC Suit to Avoid Dangerous Precedent

Kraken has filed to dismiss an SEC lawsuit that would grant the regulator “boundless authority over commerce and potentially open up the floodgates to private securities law claims,” in the crypto exchange’s opinion.

Blockchain & Crypto

Key 2024 Crypto Trends

Decentralisation is a keyword in the modern financial industry. The crypto segment is developing rapidly, with new trends shaping the future of decentralised transactions. Here is what to expect from the cryptocurrency field in 2024.

Blockchain & Crypto

China to Revise AML Regulations With Crypto Transaction Cases

The revised law on Anti-Money Laundering (AML) practices in China will take into account the prevention of cryptocurrency use for such illegal purposes.

News

Spot Bitcoin ETF Application Registered in Hong Kong

Following the approval of several spot Bitcoin ETF applications in the U.S., regulators in Hong Kong see the first financial institutions trying to jump on the crypto ETF bandwagon.

Articles

Challenges to Fintech Development in Nigeria

Mass adoption of digital services in Nigeria is consistent with the growth of the local fintech industry. However, the immense potential of this segment cannot be fully revealed without overcoming a number of the regulatory and financial challenges.

Blockchain & Crypto

SEC Officially Approves Spot Bitcoin ETF

After months of application revisions, bilateral meetings and media speculations, the first Spot Bitcoin ETF in the U.S. is finally approved by the SEC. Here’s how the landmark approval relates to public expectations.

News

Nigeria Removes Crypto Restrictions

After almost two years of a comprehensive ban prohibiting local banks from engaging with digital currencies, the Central Bank of Nigeria (CBN) has lifted the given restrictions, allowing lenders to open accounts for crypto firms.

News

Registered Crypto Firms Surge 56% in Spain

Several international platforms, such as Revolut, Bitpanda, Crypto.com and Vivid, have joined the list of registered crypto providers in Spain in 2023.

Blockchain & Crypto

Google to Allow US Crypto Trust Ads

Ads about crypto trusts in the US will be enabled by Google from the end of January 2024.

Blockchain & Crypto

Singapore Tightens Crypto Regulation

The Monetary Authority of Singapore (MAS) introduces new investor protection measures for crypto service providers to discourage cryptocurrency speculation among retail customers.

News

Binance Investors Pull $956M After Changpeng Zhao Steps Down

Crypto exchange Binance saw about $956 million in outflows in 24 hours after its CEO, Changpeng Zhao, stepped down, pleading guilty to settle a years-long U.S. illicit finance probe.