A digital asset is a token that represents assets such as a debt or equity claim on the issuer, and thus by default is under the purview of the Securities and Exchange Commission of Nigeria, the regulator said in a new rulebook published over the weekend. Coindesk
Bitcoin Conference in El Salvador Attracts Representatives From 44 Countries
El Salvador’s president has announced that 32 central banks and 12 financial authorities will convene in the country to discuss bitcoin. BeInCrypto
India mulls a 28% tax for crypto services
India’s Goods and Services Tax (GST) Council is weighing a proposal to impose a 28% tax on all cryptocurrency transactions, according to a report by CNBC-TV18 on Monday. The Block
Coinbase halted India services due to RBI’s ‘informal pressure’: Armstrong
Coinbase CEO Brian Armstrong admitted in Tuesday’s earnings call that the exchange disabled the unified payments interface (UPI) in India because of the central bank’s “informal pressure. Forkast
MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy
he use of cryptocurrency in sub-Saharan Africa, particularly among its young people, cannot be overstated. Data from blockchain intelligence firm Chainalysis says the region’s crypto usage grew 1,200% last year, making it the third-fastest growing cryptocurrency economy. TechCrunch
El Salvador Buys the Dip, Adding 500 BTC to State Coffers
El Salvador capitalized on bitcoin’s (BTC) dump below $31,000 yesterday by adding another 500 coins to its holdings. BeInCrypto
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