Cryptocurrency Analysis and News Portal
Several jurisdictions have made outstanding efforts to release standard crypto regulations to safeguard citizens and their assets. World securities and future market regulator, the International Organization of Securities Commissions (IOSCO) has introduced a global approach to regulating the crypto market and digital assets. According to the statement made to the press,
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Countries around the world are beginning to grapple with the pervasiveness of artificial intelligence (AI). While some look to the emerging technology with concern, others like Romania are embracing it. According to a report from the Financial Times, officials in Romania have introduced an AI-powered robot named Ion, with the goal
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The approval of the National Blockchain Policy for Nigeria has left the nation’s crypto community over the moon as it signals room for more development in the nation’s crypto industry. Some local experts have expressed their opinions about the implications of this new policy and the blockchain ecosystem in Nigeria.The
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The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian minister of communications and digital economy, Isa Pantami, said the new policy is a product of consultations with 56 institutions and personalities. Lucky Uwakwe, the founder of the technology service
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The government of Nigeria — one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC) — has approved the National Blockchain Policy for Nigeria during its meeting on May 3, 2023. The approval was in response to a memo presented by Isa Ali Ibrahim, the Minister of Communications
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International analysts have called out the supposed use of the national security policy of the U.S. as a tool to justify the establishment of blockades and economic sanctions against countries like China and Russia. While U.S. Treasury Secretary Janet Yellen has recognized that a decoupling of the economies of the
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Gary Gensler, the United States Securities Exchange Commission (SEC) chair, recently appeared before the U.S. House of Representatives Financial Services Committee for a hearing regarding his leadership of the regulatory agency. The hearing, with Gensler as the only witness, promised to be unpleasant for the SEC chair, with the federal agency’s
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The Senator has embraced the term “anti-crypto” when describing her critical views of the space. However, her views rarely reflect that of the mainstream, even within the Democratic party. Advocates are already pushing back in preparation for the next election cycle. The Blockchain Association is building a pro-crypto army, and
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The New York Federal Reserve has published new rules for counterparties looking to use its money market balancer, casting uncertainty over intentions by stablecoin issuer Circle to use the Fed’s systems.In an April 25 statement, the New York Fed announced adjustments to its guidelines to determine which parties are eligible
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Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules. Source
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