In fact, this action is remarkably similar to a case that the Securities and Exchange Commission (SEC) has since dismissed. This is a pretty remarkable action to take given the rapid shift of the SEC’s regulatory posture. As a result, the agency agreed to drop its original case against the...
OpenSea, a leading NFT marketplace, has formally requested the Securities and Exchange Commission (SEC) to clarify whether NFT marketplaces should be regulated as exchanges or brokers. This request is especially timely given the current state of the NFT market. With the recent turmoil in the market and overall regulatory fog,...
For the first time, Nigeria has given official recognition to cryptocurrency and other virtual assets as securities. Beyond process, even beyond legalese, this decision represents a huge turn in the regulatory tide. Changes in Nigeria’s crypto regulation The new law, the Investment and Securities Act (ISA) 2025, introduces radical changes...