Nigerian crypto fee hike invitation for crypto ‘big boys’ — NoOnes CEO
Ray Youssef remains optimistic about Nigeria’s chance of maintaining its position in the crypto ecosystem despite recent regulation challenges.
Ray Youssef remains optimistic about Nigeria’s chance of maintaining its position in the crypto ecosystem despite recent regulation challenges.
The United Kingdom police reportedly stated that the seizure was the “largest of its kind” in the nation’s history, with a sentencing date set for May.
The European Union's new Anti-Money Laundering laws limit cash and some crypto transactions but proposed noncustodial wallet limits didn't make the final cut.
According to Foresight News, LayerZero Labs CEO Bryan Pellegrino has accused 3AC co-founder Kyle Davies of offering higher interest rates to entice LayerZero to invest all its funds in 3AC, despite 3AC being insolvent at the time of the transaction. Pellegrino made these allegations in a tweet, raising concerns about the business practices of 3AC and its co-founder.
According to PANews, the Estonian government has approved a bill to regulate cryptocurrency service providers, which now requires a parliamentary vote. Under the proposed legislation, crypto service providers will be regulated by the Financial Supervisory Authority (FSA). Currently, these providers are registered with the Financial Intelligence Unit (FIU) and must comply with anti-money laundering (AML) rules. The FSA will begin issuing licenses in 2025, and FIU license holders must apply for an FSA license before the end of that year. The new bill will bring Estonia in line with the European Union's crypto asset market (MiCA) regulations.
Gary Gensler implied many market participants preferred to “whittle away at the SEC’s disclosure regime” rather than register, despite criticism that the requirements were unclear.
Prosecutors purportedly plan to confiscate the Terraform Labs co-founder’s South Korean passport, though he allegedly used a forged Costa Rican passport in Montenegro in 2023.
The U.S. Marshals Service has custody of a Bombardier Global tied to FTX, and prosecutors are seeking to transport an Embraer Legacy aircraft to Florida to begin sales proceedings.
Do Kwon faces fraud charges in the United States and South Korea as authorities compete to extradite the Terraform Labs co-founder.
The staking aspect of Ethereum ETFs is important because it’s similar to dividends in equities, ETC Group’s Chanchal Samadder believes.