Nigerian Lawmakers Urged to Consider Regulating Crypto Industry After Proposal to Jail Ponzi Operators
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The leader of the Nigerian blockchain association, Senator Ihenyen, has implored the country’s lawmakers — currently pushing for the securities law to be revamped — to consider crafting laws that…
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Binance faces four tax evasion charges from Nigeria’s Federal Inland Revenue Service (FIRS). A court in Abuja has scheduled its verdict for October 11. Binance’s lawyer in Nigeria, Ayodele Omotilewa, argued on July 12 to have all charges dropped against Binance due to lack of sufficient grounds. They maintained the…
“The overall US crypto mining industry is likely to be problematic for energy and emissions,” lawmakers wrote They flagged that crypto miners have caused increased electricity costs for small businesses and residents Sen. Elizabeth Warren and other lawmakers have called on federal regulators to instruct cryptocurrency miners to disclose their…