Crypto regulation - page 7

Insights from the Independent Reserve Cryptocurrency Index (IRCI) Singapore 2024
Articles

Insights from the Independent Reserve Cryptocurrency Index (IRCI) Singapore 2024

Singapore has emerged as a leading cryptocurrency hub in Southeast Asia, attracting both retail and institutional investors. It’s crucial for investors and enthusiasts to stay informed and educated about the constantly evolving crypto ecosystem. Understanding the nuances of buying Bitcoin in Singapore, such as reputable exchanges, secure storage options, and tax implications, is essential for […]

Circle Achieves MiCA Compliance for USDC and EURC Stablecoins
News

Circle Achieves MiCA Compliance for USDC and EURC Stablecoins

Circle has become the first stablecoin issuer to receive a French license for USDC and EURC to debut in the Union under one of the world’s most comprehensive regulatory regimes for digital assets – MiCA.

Bolivia Lifts Crypto Ban
News

Bolivia Lifts Crypto Ban

After a four-year ban, Bolivia authorized crypto payments in the country.

Robinhood Declares 224% Crypto Trading Surge
News

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.

Hong Kong Crypto ETFs Begin Trading
Blockchain & Crypto

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.

Hong Kong Approves Bitcoin and Ethereum ETF
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.

Paraguay Postpones Bitcoin Mining Ban
Blockchain & Crypto

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.

Nigeria’s SEC Hikes Crypto Exchange Registration Fee to N150M
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).

Kraken Aims to Dismiss SEC Suit to Avoid Dangerous Precedent
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.

Key 2024 Crypto Trends
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.

China to Revise AML Regulations With Crypto Transaction Cases
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.

Spot Bitcoin ETF Application Registered in Hong Kong
Blockchain & Crypto

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.

Challenges to Fintech Development in Nigeria
Fintech & Ecommerce

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.

SEC Officially Approves Spot Bitcoin ETF
News

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.

Nigeria Removes Crypto Restrictions
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.

Registered Crypto Firms Surge 56% in Spain
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.