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21 Dec 22

Nigeria passes amendment bill to regulate crypto

The Central Bank of Nigeria (CBN) banned the use of crypto assets with the rise of the #ENDSARS movement in the country. Babangida Ibrahim, chairman of the House of Representatives Committee on Capital Markets and Institutions, finally, stated that the government “will soon” decide on legalizing cryptocurrencies. According to the Nigerian magazine Punch, the country’s […]

20 Dec 22

Incoming House Financial Services Committee chair reintroduces crypto bill

North Carolina’s Representative Patrick McHenry, an incoming chair of the House Financial Services Committee, has reintroduced a crypto bill. The reinstatement of the Financial Services Innovation Act McHenry, who had pushed the Financial Services Innovation Act in 2016 and 2019, announced on Dec. 19 that the act will be reintroduced. The legislation aims to modernize […]