The US Commodity Futures Trading Commission (CFTC) has unveiled a “Crypto Sprint” initiative targeted at strengthening digital asset regulations in the United States. The announcement comes days after the US Securities and Exchange Commission (SEC) kicked off “Project Crypto,” as all financial regulatory agencies continue to align with US President Donald Trump’s pro-crypto policy. CFTC…
On August 1, Hong Kong authorities introduced a highly anticipated regulatory framework targeted at overseeing fiat-based stablecoin operations in the Asian country. While this regime may be considered stringent by mandating more requirements for stablecoin operators, the government’s recognition of this class of digital assets appears highly encouraging for investors. Hong Kong Fintech Raise Over…
The Nigerian Securities and Exchange Commission (SEC) has announced the nation’s willingness to embrace stablecoin businesses within its borders. This event marks a crucial development in Nigeria’s crypto regulation after the West African giant began to change its hostile approach against the virtual asset industry in 2023. We Will Deal With Stablecoins But On Our…
Today marks a defining moment for U.S. crypto policy. After years of regulatory limbo, Congress has taken a major step forward: the House passed both the GENIUS Act and the CLARITY Act — two sweeping measures that will reshape the rules of the road for crypto in the U.S. — and the president signed the…