Nigeria’s Central Bank Lifts Crypto Transaction Ban, Embraces Regulation for Virtual Assets
In a significant policy shift, Nigeria’s Central Bank has lifted the ban on transacting in…
Month: December 2023
Japan Cabinet Nods to End Taxation on Unrealized Crypto Gains, Paving the Way for Web3 Growth
In a significant move likely to reshape the landscape of Japan’s burgeoning Web3 industry, the…
European Commission Introduces New Crypto Restrictions on Russian Nationals Amid Ongoing Sanctions
In response to Russia’s military offensive against Ukraine, the European Commission has announced a new…
Crypto Industry Eyes 2024 Transformation Amid Regulatory Changes and Institutional Shifts
As the digital asset industry undergoes what industry participants describe as a significant “cleanup,” crypto…
Cryptocurrency Super PACs Rally with $78 Million War Chest for 2024 Election Influence
A coalition of three super PACs, backed by prominent figures in the cryptocurrency industry, announced…
Oil Prices Surge Amidst Rising Geopolitical Tensions and Russian Export Cuts
Global oil prices experienced a significant uptick on Monday, driven by escalating concerns over oil…
Gold Holds Steady Amidst Federal Reserve’s Influence on Market Dynamics
Gold prices exhibited marginal movement on Monday, settling at $2024.33, as market participants carefully analyzed…
KuCoin Agrees to $22 Million Settlement and Blocks New York Users Amid Regulatory Crackdown
In a significant development in the regulatory landscape of the cryptocurrency space, KuCoin, one of…
Turkey Forges Ahead with Crypto Legislation as Major Banks Dive into the Digital Asset Arena
The Turkish government is set to roll out new legislation for the burgeoning cryptocurrency sector,…
FASB Introduces Fair Value Accounting Rules for Cryptocurrencies, Transforming Financial Reporting Landscape
In a groundbreaking move, the Financial Accounting Standards Board (FASB) unveiled new regulations today, mandating…