The data from LocalBitcoins and Paxful show that peer-to-peer trading of bitcoin in Nigeria has increased by over 15% year-over-year since the country’s central bank enforced a crypto ban. Current weekly bitcoin trading volumes are at a slight lull, probably because of the downturn in the market. As reported earlier, the Central Bank of Nigeria enforced a […]

Read full post Nigeria sees a major spike in P2P Bitcoin trading volume. on Chaintimes.com.

In what is arguably one of the biggest 360s the world of crypto has ever seen, India has announced that it will not be banning crypto. Rather, it will tax crypto-based income, work to regulate the space, and is even planning to launch a virtual version of the country’s currency called the digital rupee. India...

The post India Will Regulate Crypto and Unveil the Digital Rupee appeared first on Live Bitcoin News.

Listen to the most important stories in Bitcoin and crypto covered by our newsroom in the past week. Cryptoland: Fiji island won’t be crypto’s Fyre Festival after all Cryptoland joins other dumb crypto-themed fundraising endeavours in failing recently, alongside DAO efforts Spice and Constitution. Read more Biden wants US to regulate crypto as matter of […]

The post PODCAST: Cryptoland failure, Biden order, YouTuber rugpull appeared first on Protos.

A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance (defi) protocols. New SEC Proposal Could Hurt the Crypto Industry, Commissioner Peirce Cautions U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has […]

Hester Peirce, popularly known in the digital currency ecosystem as “Crypto Mom” has issued a note of warning that a new proposal from the commission can significantly hurt the Decentralized Finance (DeFi) ecosystem. (Read More)

Following the stock market crash of 1929, FDR called on the then notorious stock speculator Joseph Kennedy to draft legislation to form the Securities Exchange Commission. The “Securities Acts” were designed to officially form the agency and adopt rules that required issuers of securities to transmit information through the mail to investors containing financial and…

The post The Crypto User Protection Act of 2022 appeared first on Bitcoin News Miner.

India’s finance secretary has confirmed that it is not illegal to buy or sell crypto assets in India. Regarding cryptocurrency regulation, “the government’s approach is to consult widely and also to look at what’s happening internationally,” he explained. Crypto Is Not Illegal in India, Official Confirms Following the announcement on cryptocurrency taxation by Indian Finance…

The post India Confirms ‘It’s Not Illegal to Buy or Sell Crypto’ — Government Will Consult Widely on Crypto Regulation appeared first on Bitcoin News Miner.

The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also suggested that cryptocurrency trading might eventually be allowed in Jordan once the necessary legislation has been put in place. Protecting Investors Jordan…

The post Central Bank of Jordan Exploring the Possibility of Launching a CBDC appeared first on Bitcoin News Miner.

A new Russian law may oblige potential crypto investors to take a test before being allowed to purchase digital assets over a certain limit. The authors are also hoping to regulate cryptocurrency mining and cut access to cheap energy for those who mint coins in their homes. Bill to Bring ‘Tight Regulation’ to Crypto Industry, […]

The White House will pursue crypto regulation as a matter of national security so the Biden administration could soon pass a new executive order so let’s read more in today’s latest cryptocurrency news. Under the leadership of US President Joe Biden, the White House will pursue crypto regulation as a matter of national security and […]