Nigerian President Bola Ahmed Tinubu signed an executive order on Friday to harmonize the regulation of virtual assets across the country's financial agencies.
Securities and Exchange Commission (SEC) has filed a lawsuit against crypto mining investment firm Mining Automatic and its founder, Zan Shaikh, alleging they raised approximately $22 million from investors through fraudulent promises.
Allbridge, the company behind the cross-chain stablecoin bridge Allbridge Core, announced on Sunday that it had paused the protocol following a security incident that resulted in approximately $1.65 million being drained.
The Office of the Comptroller of the Currency’s (OCC) comment period on proposed rules under the GENIUS Act, which would extend anti-money laundering and sanctions standards to stablecoin issuers, ends July 24.