Nigeria Plans to Introduce Crypto Licensing Process: Bloomberg
The SEC wants to issue its first licenses for digital service and tokenized assets as early as this month.
Regulations
NY Judge Rejects SEC’s Efforts to Stymie Tron’s Arguments in Ongoing Securities Suit
A New York judge has rejected a request from the U.S. Securities and Exchange Commission (SEC) to force a pre-trial conference or to require the filing of an additional response in its ongoing securities fraud lawsuit against the Tron Foundation and founder Justin Sun.
Shaquille O’Neal Will Have to Defend Some of the Allegations Against Him in the Astrals NFT Lawsuit
A U.S. court has granted one part and dismissed another part of a class action lawsuit against legendary basketball player Shaquille O’Neal for his role in the NFT project Astrals, according to court documents.
Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.
South Korea’s Pension Fund Snaps Up Nearly $34M MicroStrategy Shares
South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week.
What’s Next in SEC v. Ripple?
While the SEC case against Ripple was decided solidly in Ripple’s favor, the takeaways for the rest of the industry are limited.
U.S. Crypto Bill Can Happen This Year, Senate’s Schumer Tells Crypto Backers of Harris
U.S. crypto legislation can happen this year, Senate Majority Leader Chuck Schumer (D-N,Y,) said Wednesday at the first major event in which crypto insiders have come out for Vice President Kamala Harris as their favored presidential contender.
Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report
The Trump Organization, the holding company for former U.S. President Donald Trump’s business ventures, will soon unveil its new cryptocurrency initiative, according to a Wednesday report from the New York Post.
Thailand’s PM Removed, But Crypto Policies Likely to Remain ‘Largely’ Unaffected in Political Uncertainty
Thailand Prime Minister Srettha Thavisin’s shock removal from office by a court on Wednesday may not impact crypto rules in the nation, even if some policy implementations may be affected, experts told CoinDesk.
WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets
Indian cryptocurrency exchange WazirX, which suffered a $230 million exploit in July, is ending its relationship with custody provider Liminal.