Nigerian crypto community supports activist’s fight for rights
As the case progresses, the community’s backing will be crucial in maintaining momentum and advocating for a more favorable regulatory environment. Go to Source
crypto regulations
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Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed
Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain. Go to Source
Canadian crypto exchanges face deadline for CIRO membership
Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry’s self-regulatory organization. Go to Source
Nigerian crypto advocates push for regulatory reforms amid protests
As the protest continues, whether crypto-specific demands will be integrated into the broader movement’s objectives remains to be seen. Go to Source
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted the contradiction between SEC Chair Gary Gensler’s statements and the agency’s actions, emphasizing the need for clear, consistent … Read more
Ripple CEO Suggests Vice President Kamala Harris Steer Clear of Anti-Crypto Rhetoric
Ripple CEO Brad Garlinghouse has criticized Congressman Brad Sherman’s anti-crypto comments, urging Vice President Kamala Harris to distance herself from such views. The Ripple executive warned that opposing cryptocurrencies is equivalent to opposing innovation, benefiting Republicans who support technological progress. He emphasized the need for the U.S. to align with other advanced economies with clear … Read more
SEC Greenlights NYSE Arca to List Grayscale Bitcoin Mini Trust
The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based on all of the exchanges’ representations and descriptions in their respective amended filings, which the Commission has carefully evaluated,” said the securities regulator. SEC Approves … Read more
Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws to regulate crypto mining and prevent foreign exploitation. Senator Warren Raises Concerns Over Foreign-Owned Crypto Mining … Read more
Gate.io to wind down services for customers in Japan
The crypto exchange blamed regulatory pressures and “compliance requests” from local financial regulators as the reason it terminated its services. Go to Source
HKX joins list of crypto exchanges to quit Hong Kong market
HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues. Go to Source
