On 25 March 2025, Donald Trump, President of the United States, and his cryptocurrency venture, World Liberty Financial, officially announced the launch of USD1, a new stablecoin. This dollar-pegged digital currency is now operational on the Ethereum and Binance blockchains, backed by U.S. Treasury bills, dollar deposits, and other
The uncertain terrain of cryptocurrency regulation continues to present substantial legal challenges for market participants. India’s National Consumer Disputes Redressal Commission (NCDRC) has dismissed a $234 million (approximately 20,000 million Indian rupees) claim against WazirX, explicitly citing the absence of a legal framework for cryptocurrencies. Concurrently, on 25
Paul Atkins, the nominee for Chairman of the United States Securities and Exchange Commission (SEC), declared during a congressional hearing on 27 March 2025 that, if appointed, he would prioritise the establishment of a "rational, coherent, and principled" regulatory framework for digital assets. This statement signals a significant
The Investment and Securities Act (ISA) 2025, signed into law by Nigerian President Bola Tinubu in early April 2025, formally recognises cryptocurrencies and digital assets as securities, ushering in a new regulatory era for Africa’s largest economy. This historic step resolves over a decade of uncertainty surrounding the legal
The PwC Global Crypto Regulation Report 2025 offers a comprehensive overview of the current state of cryptocurrency asset regulation, spotlighting the full implementation of the European Union’s MiCA regulation on 31 December 2024 and a profound transformation in the United States’ regulatory landscape. The report scrutinises the regulatory frameworks
