Nigeria’s President Bola Tinubu has signed a new law strengthening SEC oversight of cryptocurrencies and classifying them as securities. Nigeria‘s President Bola Ahmed Tinubu has signed the Investments and Securities Act 2024 into law, classifying cryptocurrencies as securities under the regulatory authority of the Nigerian Securities and Exchange Commission, local news outlets report. The new…
Police Scotland says serious and organized crime groups are increasingly turning to cryptocurrency, contributing to a 2,000% rise in related cases since 2019. Police Scotland says it has seen a roughly 2,000% increase in cryptocurrency-related criminality since 2019, as more serious and organised crime groups are “quick to adapt and utilise new methods to help…
World Economic Forum founder Klaus Schwab is reportedly preparing to step down from his role as chairman. Here’s a look at how Schwab’s outlook on crypto influenced the wider global economy. According to a recent Financial Times report, Schwab has begun the process of stepping down from his role as chairman of the WEF board…
The U.S. Securities and Exchange Commission and Gemini Trust have jointly requested a 60-day stay in their ongoing lawsuit to explore a potential resolution. The motion, which was submitted to the U.S. District Court for the Southern District of New York on April 1, requests that the court postpone all deadlines while further discussions occur….
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Just last month, the United States proposed a Federal Bitcoin Reserve. Recently, the UAE Mubadala Sovereign Wealth Fund invested $436 million in Bitcoin (BTC), and connections to the world’s most dominant cryptocurrency…
In Toulouse, France, residents can pay for their metro, tram, cable car, and bus tickets with Bitcoin and other cryptocurrencies. In fact, starting on March 17, Toulouse became the first European city where crypto can legally be spent on public transport. 🚋 European Premiere: Crypto for Tram Fares! With @Lyzi_app and @tisseo_officiel, you can now…
In its annual report, Malaysia’s central bank outlined plans to support asset tokenization and explore digital asset technologies without plans to recognize crypto as legal tender. Malaysia‘s central bank, Bank Negara Malaysia, has rolled out its 2024 annual report, highlighting the growing recognition of tokenization for its potential to drive efficiency in the financial system…
Vanuatu has officially enacted its crypto regulation and licensing framework, joining a growing list of nations implementing regulatory oversight for virtual asset service providers. Vanuatu has finalized its crypto regulation and licensing framework, which has been in development since 2020. On March 26, Vanuatu’s Parliament passed the Virtual Asset Service Provider Act, endowing the Vanuatu…
Japan’s financial regulator is reportedly set to redefine crypto under financial law, subjecting it to new compliance requirements. Japan might be preparing to classify cryptocurrencies as financial products in a move to target insider trading, Nikkei has learned. The country’s financial regulator, the Financial Services Agency, is said to be planning a bill to revise…
Crypto ATM providers have received a warning from the Australian Transaction Reports and Analysis Centre that those who don’t fully comply with anti-money laundering rules will face legal action. According to a Mar. 31 press release statement, AUSTRAC’s cryptocurrency task force has found signs of suspicious transactions and fraud, raising concerns about the growing number…
