Cryptocurrency Market

  • Market Cap: $2,276,931,020,082.36
  • 24h Vol: $53,394,411,065.57
  • BTC Dominance: 56.58%

Digital Assets

nigerian-files-lawsuit-to-overturn-crypto-ban,-seeks-btc-commodity-status

Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status

A Nigerian bitcoin proponent has launched a lawsuit challenging government restrictions on owning, using, and trading digital assets. The proponent said the lawsuit seeks to remove the blockade on cryptocurrency exchanges, ensuring all Nigerians have unrestricted access. Crypto Restrictions Deny Residents Access to Inflation Hedging Tools Nigerian cryptocurrency advocate James Utudor filed a landmark lawsuit […]

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connecticut-police-recover-$63,500-in-cryptocurrency-scam

Connecticut Police Recover $63,500 in Cryptocurrency Scam

Connecticut State Police (CSP), in collaboration with the Statewide Prosecution Bureau, said on Wednesday that they have successfully recovered over $63,500 for a victim of a cryptocurrency phishing scam. The incident, reported in April by a Cheshire resident, involved the loss of over $68,000 in cryptocurrency through a fraudulent scheme offering new tokens. Utilizing blockchain

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cftc-pays-$1m-to-whistleblower-in-digital-asset-case

CFTC Pays $1M to Whistleblower in Digital Asset Case

The Commodity Futures Trading Commission paid a $1 million whistleblower award for information leading to an enforcement action in digital asset markets. CFTC Enforcement Director Ian McGinley said whistleblower tips are increasingly crucial as more Americans fall victim to digital asset scams. Digital Asset Cases Dominate CFTC Docket The Commodity Futures Trading Commission (CFTC) announced

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nairobi-securities-exchange,-valour-sign-mou-to-enable-trade-of-digital-asset-etps-in-africa

Nairobi Securities Exchange, Valour Sign MOU to Enable Trade of Digital Asset ETPs in Africa

Valour Inc. has signed a memorandum of understanding with the Nairobi Securities Exchange (NSE) and Sovfi Inc. to facilitate the issuance and trading of digital asset exchange-traded products in Africa. The NSE is hopeful the collaboration will result in better product offerings and a broader investor base. Passporting of Valour’s ETPs to the Nairobi Stock

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sec-challenges-coinbase’s-extensive-discovery-requests

SEC Challenges Coinbase’s Extensive Discovery Requests

The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC alleges Coinbase violated federal securities laws by failing to register its operations and services. Coinbase’s extensive discovery demands include internal SEC communications, inter-agency communications, and all documents related to digital assets, which the SEC deems

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bahamas-enacts-digital-assets-and-registered-exchanges-act

Bahamas Enacts Digital Assets and Registered Exchanges Act

The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024 builds on the DARE Act, 2020, introducing significant reforms to address the evolving digital asset landscape. Christina Rolle, Executive Director of the Securities Commission, emphasized

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nigerian-cbdc-adoption-lags,-makes-up-less-than-1%-of-currency-in-use

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the e-naira to its perceived lack of significant benefits compared to the traditional naira. E-Naira Adoption Lags Despite

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finma-warns-stablecoins-threaten-swiss-financial-reputation

FINMA Warns Stablecoins Threaten Swiss Financial Reputation

The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for the entire Swiss financial centre. Stablecoin Issuers as Financial Intermediaries The Swiss regulator, the Financial Market Supervisory Authority (FINMA), has recently

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us-senator-hails-bitcoin’s-potential-to-democratize-finance-and-improve-financial-inclusion

US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated for balanced regulation that encourages innovation without stifling growth or pushing it overseas. Senator Tim Scott Advocates for

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mara-adopts-‘full-hodl-strategy,’-surpasses-20,000-btc-holdings

MARA Adopts ‘Full HODL Strategy,’ Surpasses 20,000 BTC Holdings

Marathon Digital Holdings, now known as MARA, has announced a strategic shift to hold all its bitcoin, pushing its current holdings beyond 20,000 BTC. The company has also made a $100 million purchase of bitcoin as part of its new treasury policy. Marathon Digital Rebrands to MARA, Boosts Bitcoin Holdings MARA (Nasdaq: MARA), a leader

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