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regulate

Bybit is ISO04

14 Jun 23

Brazil authorizes its central bank to regulate crypto

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Brazilian President Luiz Inácio Lula da Silva has signed a new law empowering the country’s central bank to regulate and supervise cryptocurrency firms while ensuring that tokens that qualify as securities remain under the authority of the securities regulator. This development […]

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05 Jun 23

SEC and CFTC find clarity in new legislation to regulate crypto

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied House Republicans have introduced a draft proposal to address gaps in cryptocurrency regulations, assigning the CFTC authority over crypto commodities and the SEC for digital securities. To bridge the gaps in the current regulatory framework surrounding cryptocurrencies, House Republicans have put […]

Legislation Regulation generic 3

11 Jan 23

Nigeria to regulate stablecoins and ICOs

Nigeria highlights its plans for regulating stablecoins, initial coin offerings (ICOs), and the possibility of creating foreign direct investment through cryptocurrencies. The document titled “Nigeria’s payments system vision 2025” complements the country’s previous efforts to regulate the largest crypto market in Africa. In 2021, the country’s central bank prohibited local financial institutions from facilitating all […]

Legislation Regulation generic 1

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 […]

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