Year: 2024

In a significant development within the cryptocurrency regulatory landscape, the Nigerian High Court has dismissed a lawsuit filed by Nadeem Anjarwalla, Binance’s regional manager. Anjarwalla had alleged that Nigerian government agencies violated his fundamental rights by detaining him and seizing his passport. The dismissal, ruled by Judge Inyang Ekwo on…

In a landmark decision for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into ConsenSys, the technology incubator behind Ethereum 2.0, without recommending any enforcement actions. This announcement has been well-received by the market, leading to a notable increase in the price of ether…

In a significant move towards enhancing digital identity and security, the European Commission has selected Iota’s Web3 ID solution for its current edition of the European Blockchain Sandbox initiative (EBSI). This selection underscores the revolutionary potential of Iota’s solution in transforming Know Your Customer (KYC) processes through distributed ledger technology…

The 2024 Proof of Talk event in Paris, France, brought together some of the most influential voices in the Web3 space. Among them were Jenny Johnson, CEO of Franklin Templeton, and Mo Shaikh, founder of Aptos, who shared their insights on how the protocol economy is reshaping global regulatory frameworks.…

Former United States President Donald Trump is making a bold statement as part of his 2024 presidential campaign: he plans to be the “crypto president.” At a recent fundraising event in San Francisco, hosted by Craft Ventures’ general partner David Sacks and tech billionaire Chamath Palihapitiya, Trump emphasized his support…

The world of NFTs is rapidly evolving, and regulatory bodies around the globe are scrambling to keep pace. South Korea’s Financial Services Commission (FSC) has recently taken a step forward, issuing guidelines that clarify how they categorize non-fungible tokens. Not All NFTs Are Created Equal The key takeaway? Not all…

The world of cryptocurrency has been grappling with a key question: who gets to call the shots?  A recent decision by a US appeals court could signal a shift in the regulatory landscape, potentially offering some positive signs for the crypto industry. The SEC vs. Transparency: A Familiar Tune The…

As the Markets in Crypto-Assets Regulation (MiCA) rules come into effect at the end of the month, Binance is preparing to comply with these new regulations regarding stablecoins in the European Economic Area (EEA). This move aims to ensure a smooth transition for users from unauthorized to regulated stablecoins. Understanding…

The European Banking Authority (EBA) has made significant strides in shaping the regulatory landscape for crypto assets in Europe by introducing a comprehensive set of technical standards and guidelines under the Markets in Crypto-Assets (MiCA) regulation. This move is a crucial step towards ensuring the stability and security of crypto-assets…