IMF backs Nigeria crypto adoption amid local SEC crackdown

Elon Musk and his various companies are currently facing regulatory scrutiny in Brazil, the European Union, and the United States.

The United States Securities and Exchange Commission has obtained a temporary asset freeze against Utah-based crypto company Digital Licensing Inc, accusing the firm of perpetrating a $50 million fraudulent crypto scheme.On Aug. 3 the SEC announced it had obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., which was…

A mobile crypto payment platform says its technology is transforming the retail business — and giving merchants an unprecedented opportunity to accept digital currencies as a method of payment.Eligma says Elipay, its flagship product, removes the hurdles that have been stopping brick-and-mortar stores from embracing cryptocurrencies. All too often, independent retailers have been dissuaded from…

The blockchain-based national eKYC banking platform is aimed at strengthening anti-money laundering (AML) capabilities while countering terror financing. 88 Total views 2 Total shares Own this piece of history Collect this article as an NFTPakistan Banks’ Association (PBA) — a group of 31 traditional banks operating in Pakistan — signed off on the development of…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data provided by HitBTC exchange.Altcoins led the rally this week from the lows with bitcoin (BTC) lagging…

This is the first of a three-part series based on Gary Gensler's extensive prior public statements on crypto. Links to parts 2 and 3 will appear here as they are published. As the heir-apparent to the Chair of the Securities and Exchange Commission, Gary Gensler’s most critical role in the future of crypto will be his…

With the European Union coming closer to passing the Markets in Crypto Assets framework and Kraken in the process of investing in the United Kingdom, lawmakers are taking notice. 176 Total views 3 Total shares Some members of the United States House of Representatives’ Financial Services and Agriculture Committees pointed to crypto asset frameworks being…