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Nigeria has proposed a regulation requiring foreign crypto exchanges to incorporate in the country

Nigeria has proposed a regulation requiring foreign crypto exchanges to incorporate in the country

The Nigerian Securities Regulator has proposed a rule requiring virtual asset service providers to incorporate and maintain an office in Nigeria. The regulator has proposed a five-fold increase in registration fees, which must be submitted along with license applications...

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US senators urge SEC to halt crypto ETP approval over disclosure concerns

US senators urge SEC to halt crypto ETP approval over disclosure concerns

The Securities and Exchange Commission (SEC) is under pressure from Congress to stop approving new cryptocurrency exchange-traded products (ETPs) due to concerns about the risks they pose to retail investors. According to a letter to regulators dated March 11,...

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Grayscale Submits Revised Application for Ethereum Spot ETF – What’s New?

Grayscale Submits Revised Application for Ethereum Spot ETF – What’s New?

Asset management firm Grayscale Investments has updated its filing with the United States Securities and Exchange Commission (SEC) for an Ethereum spot ETF (exchange-traded fund). The Ethereum spot ETF case is as solid as Bitcoin, argues Grayscale According to...

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Binance’s $10 Billion Venture Capital Unit Goes Independent: Report

Binance’s $10 Billion Venture Capital Unit Goes Independent: Report

Top cryptocurrency exchange Binance has closed its venture capital arm, Binance Labs, with a $10 billion valuation. The move, orchestrated under the leadership of the exchange’s new CEO, Richard Teng, marks a significant change in the company’s operations. Previously...

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