Regulations

The president of Turkey, Recep Tayyip Erdoğan, has reportedly appointed crypto and blockchain expert Prof. Dr. Fatma Özkul to the central bank’s monetary body. A decree nominating Özkul was released on December 22, according to Bloomberg. Özkul has been a faculty member at Marmara University Faculty of Business Administration, Department of Accounting and Finance since […]

Ripple legal chief officer Stuart Alderoty disclosed the settlement offer from the US Securities and Exchange Commission (SEC) prior to the lawsuit the agency filed against the blockchain-powered payment company. On Dec. 22, 2020, the SEC accused Ripple’s co-founder, Christian Larsen, and CEO, Bradley Garlinghouse, of offering and selling XRP as an unregistered security. The […]

The Central Bank of Nigeria (CBN) has officially lifted restrictions on Nigerian banks facilitating cryptocurrency transactions. This move comes nearly two years after the CBN imposed a comprehensive ban on banks engaging with digital currencies. In a circular sent to banks on Dec. 22, the CBN acknowledged that the increasing global demand and acceptance of […]

A court in the British Virgin Islands has issued an order freezing about $1.14 billion in assets belonging to the co-founders of Three Arrows Capital (3AC). The court has banned co-founders Su Zhu and Kyle Davies, as well as Davies’ wife Kelly Chen, from selling or transferring the assets, according to the firm’s liquidator Teneo, […]

The crypto community eagerly awaits the possible approval of a Bitcoin exchange-traded fund (ETF) in the US. However, some analysts warned that this could potentially trigger undesirable consequences for leading exchanges like Coinbase. Experts said the approval of the Bitcoin ETF and the upcoming BTC halving in April 2024 could really shake up the crypto […]

Prominent cryptocurrency investors and firms intend to support pro-innovation and pro-crypto political candidates during the 2024 US election cycle. The crypto community is seeking to elect a pro-crypto president who will help bring regulatory clarity and prevent frivolous SEC complaints. Crypto and blockchain leaders have contributed $78M to support the Fairshake political action committee (PAC). […]

Tether, the company behind the USDT stablecoin, has frozen 326 wallets containing $435 million worth of USDT, the company highlighted in a letter on December 15. The assets were frozen to assist law enforcement authorities, including the Federal Bureau of Investigation (FBI), the US Department of Justice (DOJ), and the Secret Service. The letter, written […]

Ripple chief legal officer Stuart Alderoty has provided insights into what the crypto sector might look like in the next year. He discussed predictions regarding Ripple’s lawsuit against the United States Securities and Exchange Commission (SEC), the court’s impact on cryptocurrency laws, and possible legislative challenges in the US Congress. #2024Predictions — It’s that time […]

Osaka Digital Exchange (ODX) plans to launch Japan’s first digital securities trading platform, “START,” on December 25, according to Bloomberg. This initiative caters to individuals looking for alternative assets that could potentially yield higher returns. As part of the launch, real estate firm Ichigo Owners plans to offer about ¥3 billion (about $20 million) worth of […]