Miami Secures $4.8B Investment from Dubai Private Equity Group

Dubai-based private equity firm IBC Group wants to help Miami become a crypto-centric city with its recent investment. The private investment firm has pledged a startling $4.8 billion to make Miami’s dream of becoming the go-to destination for companies in the crypto sector a reality. This will see them part with an …

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Nigerian Regulators Plan to Build Progressive Crypto Regulatory Frameworks

The Nigerian government’s decision to ban cryptocurrencies in the country caused a significant uproar among crypto enthusiasts and industry insiders. With market activity seemingly getting back to normal, regulators are now set to collaborate on a regulatory regime. Too Big a Market to Ignore Yesterday, the local news source Premium Times reported …

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India Ban Firms Raising Funds Through IPOs from Holding Cryptos

It is no news that the Indian government is looking to ban cryptocurrencies from its country entirely. However, a new report sheds more light on the steps that it would take to ensure that its anti-crypto stance is absolute. Crypto Ban is Extending to the Traditional Space Too  Recently, the Economic Times …

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Thailand’s SEC Set to Hold Public Hearing On Crypto Qualifications

Thailand’s Securities and Exchange Commission (SEC) is set to hold a public hearing this month to ascertain what qualifications it will institute to protect retail investors eager to own cryptocurrencies, the BangkokPost reports. SEC To Propose Qualifications Criteria  The agency says the step is necessary to mitigate the risk exposure which generally …

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Australian Securities Regulator Opens Door for a Possible Bitcoin ETF Approval

As demand for cryptocurrencies continues to surge, companies are looking at the prospect of launching exchange-traded funds (ETFs) to provide exposure to investors. In Australia, securities regulators appear open to the prospect of allowing these financial instruments, although as usual, structures need to be in place. Building the Right Structure Last week, the …

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Crypto Insiders Bemoan Looming Crypto Trading Ban in Hong Kong 

Crypto regulation has become much more prominent globally, with several jurisdictions and regions showing what digital assets’ futures might look like. In Hong Kong, concerns are rising over a possible ban on retail crypto trading that could soon take effect. Unregulated Markets Will Only Get Larger Earlier this week, the South China Morning …

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Miami Commission Supports Mayor’s Pro-Bitcoin Initiatives

The city of Miami appears to be in the middle of a crypto renaissance, as its government has become incredibly pro-crypto in recent weeks. Led by Mayor Francis Suarez, the metropolitan city could be heading for some significant crypto developments as its legislature makes considerable progress with a new public initiative. Becoming …

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