Global

Nigeria is gearing up to implement new regulations aimed at prohibiting peer-to-peer (P2P) cryptocurrency exchange involving the national currency, the Nigerian naira.

According to a research report by KBW on Monday, the issuance of a Wells Notice to Robinhood (HOOD) by the Securities and Exchange Commission (SEC) came as a surprise, considering the company's cautious approach to digital asset offerings.

The Australian Taxation Office (ATO) has recently initiated efforts to obtain personal data and transaction information from cryptocurrency exchanges, potentially encompassing around 1.2 million accounts.

Binance CEO Richard Teng has called for the immediate release of the exchange's executive, Tigran Gambaryan, who has been detained in Nigeria for over 70 days.

Bitcoin's recent price surge has prompted options traders to reconsider the possibility of the cryptocurrency reaching the $100,000 level by the end of this year.

CFTC Chairman Rostin Behnam has hinted at forthcoming enforcement measures in response to the rapid expansion of the cryptocurrency sector and the ambiguity surrounding U.S. regulations.