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Coinbase Legal Chief Criticizes SEC’s Vague Position on FTX Plan — Says Investors Deserve ‘Way Better’

Coinbase’s chief legal officer has criticized the U.S. Securities and Exchange Commission (SEC) for its ambiguous position regarding FTX’s proposal to repay creditors using stablecoins or other cryptocurrencies. Although the…

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Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’

The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset…

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Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions

The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and…

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SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities

The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it…

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New Zealand Seeks to Adopt OECD’s Crypto Asset Reporting Framework

The New Zealand government has introduced a bill to implement the OECD’s Crypto Asset Reporting Framework (CARF). This framework aims to increase transparency in the crypto asset market. Effective April…

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India’s central bank proposes ‘plug-and-play’ CBDC framework for cross-border transactions

India's proposed CBDC framework could significantly enhance global financial integration and efficiency in cross-border transactions. The post India’s central bank proposes ‘plug-and-play’ CBDC framework for cross-border transactions appeared first on…

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SEC Freezes Assets of Crypto Trading Bot Operators in Alleged Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto…

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