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Nigeria has one of the highest rates of crypto adoption in the world, but the government has a complicated relationship with digital assets. The government of Nigeria is still open to crypto businesses operating in the country despite the ongoing lawsuit against crypto exchange Binance and the high-profile detention of Binance executive Tigran Gambaryan. Nigerian…
The timeline echoes similar projections by US officials and congressman. United States lawmakers are on track to pass legislation setting rules for stablecoins and cryptocurrency market structure by as soon as August, Kristin Smith, CEO of industry advocacy group the Blockchain Association, said during Blockworks’ 2025 Digital Asset Summit in New York. Smith’s timeline echoes…
US President Donald Trump’s SEC chair nominee, Paul Atkins, is inching closer toward becoming the SEC’s new leader, with a Senate hearing reportedly planned for March 27. Paul Atkins could move one step closer to becoming the US Securities and Exchange Commission’s new crypto-friendly chair, with a Senate committee hearing reportedly in the works for…
Marla Maples, Donald Trump’s second ex-wife, is the latest high-profile figure supporting early Bitcoin advocate Roger Ver. US President Donald Trump’s second ex-wife, Marla Maples, has shown support for ending the country’s case against early Bitcoin advocate Roger Ver, known as “Bitcoin Jesus.” “Sharing more re [regarding] the call to dismiss the prosecution against Roger…
Authorities in the United Kingdom alleged a National Crime Agency officer stole 50 Bitcoin in 2017 during an investigation. The agency responsible for conducting criminal prosecutions in England and Wales announced that a National Crime Agency (NCA) officer was due to be charged with the alleged theft of Bitcoin worth roughly $75,000 in 2017. In…
DeFi has scored a victory in Congress, but how can lawmakers match real regulatory concerns with user privacy demands? The decentralized finance (DeFi) industry is breathing a sigh of relief as Congress relaxes reporting obligations, but questions remain about how lawmakers will regulate DeFi. On March 12, the House of Representatives voted to nullify a…
Aleksej Bešciokov was reportedly vacationing with his family in the Indian state of Kerala when authorities arrested him. Officials with India’s Central Bureau of Investigation (CBI) announced the arrest of Lithuanian national Aleksej Bešciokov, who was alleged to have operated the cryptocurrency exchange Garantex. In a March 12 notice, the CBI said police in the…
The Texas Senate passed its Bitcoin strategic reserve bill SB-21 on March 6, leaving it one step away from becoming law. The Texas Senate passed the Bitcoin strategic reserve bill SB-21 on March 6. This followed a debate in which State Senator Charles Schwertner, who introduced the bill, argued that it would help Texas add…
Utah lawmakers have passed a Bitcoin bill after amending it to remove a section that would have authorized the state treasurer to invest in Bitcoin. Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230…
As Nigeria grapples with economic challenges, the government is set to introduce a tax on cryptocurrency transactions. This move appears to be an effort to tap into the burgeoning digital economy and the informal sector. In February, Nigeria sued Binance for unpaid taxes and introduced new cryptocurrency taxations in an effort to boost its faltering…