
Nigeria SEC will support asset-backed tokens: Bloomberg
Aside Nigeria, several other countries like Germany and Singapore are also considering assets tokenizations.

Aside Nigeria, several other countries like Germany and Singapore are also considering assets tokenizations.

With an agreement reached between the UCC and the U.S. government, Voyager acquisition seems closer to becoming a reality.

The House Committee on Financial Services has sent a scathing letter to SEC Chair Gary Gensler, accusing him of having a hypocritical stance on digital asset regulation.

Experts expect Gary Gensler to be questioned over his comments by the U.S. House Committee on Financial Services.

SEC Chair Gensler said noncompliance within the crypto sector places investors at risk and damages the public trust in the capital markets.

Bittrex claims that the SEC has ignored its requests for clear regulatory guidance, leaving the industry in a state of uncertainty.

Though several crypto stakeholders complained about the industry's lack of regulatory clarity, the SEC chair insists laws are sufficient.

Beaxy said the regulatory environment was too uncertain for it to continue operations despite its two-year corporation with the SEC.

The SEC said firms offering crypto investments services might violate several applicable laws, including the federal securities laws.

Ripple CEO Brad Garlinghouse said the US crypto industry need to rebuild trust by enabling more transparency and creating utility.

The SEC said BKCoin and its principal Kevin Kang raised around $100 million from 55 investors.

Two major crypto-friendly banks — Silvergate and Signature — have come under increased scrutiny from regulators following FTX's recent collapse.
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