Adedeji Owonibi stated that the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks.
Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets.
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.”
The World Federation of Exchanges noted that retail demand is higher for crypto products, but there’s a lack of awareness around investor protection.
Deaton clarified that even if an appeal were possible in such a situation, the agency's authority would be diminished.
The CMO of OKX says the company is looking into its entrance in the Indian market through hiring local employees and “understanding the culture.”
Lawyer Patrick Kennedy files a motion to appear pro hac vice in the Coinbase vs. U.S. SEC lawsuit for the Chamber of Digital Commerce.
Bitwise was among a number of asset managers looking to launch spot Bitcoin exchange-traded funds in the United States.
The crypto ATM industry gets little attention relative to its size and issues. It appeals to users with motivations ranging from convenience to investment.
From offering quality trade predictions to identifying real-time threats to gauging market sentiment instantaneously, here’s how AI is reshaping the future of finance.