Tag
DIGITAL ASSETS
U.S. President Donald Trump’s proposal for a Crypto Strategic Reserve has sparked global discussions on digital assets. If...
Nigerian young resident population now feels more mistrust and bewilderment because of the FG's recent attack against Nigeria's crypto industry
The Securities and Exchange Commission (SEC) has announced the development of new guidelines aimed at enhancing the licensing, registration, and screening processes for digital and virtual asset service providers (VASPs).
Nigeria's securities regulator recently declared that it will only encourage investment in "sensible digital assets," distancing itself from Bitcoin and other popular digital assets like Ethereum, BNB, and XRP.
SEC will promote investment in some digital assets with investor protection at the core
The reasoning behind this is due to the U.S. inflation rates, which hit 8.6% year-on-year at the end of May, marking a return to levels not seen since 1981.
While the SEC has effectively given this sector a legal status, it will need the central bank to allow banks to facilitate crypto transactions.
The United States Attorney's office recently filed a civil complaint accusing four digital wallets containing more than 9.8...
XRP has a circulating supply of 45 billion coins and a max supply of 100 billion coins.
Crypto enthusiast believes SEC new rules will act as a catalyst for mass adoption.
In the US 27% of financial institutions like family offices, investment advisers, pension funds, and hedge funds said they own crypto assets.