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Regulation
Blockchain Bites: Bitcoin Volatility Hasn't Shaken Out Institutions
Bitcoin set a new high above $50,000 after erratic trading earlier this week, though options markets are not anticipating a drawdown anytime soon.

Australia's Blockchain Ecosystem Needs More Support From Regulators, Says Industry Body
Blockchain Australia CEO Steve Vallas believes the country is "well placed" when it comes to blockchain, but financial regulators need to take a more active role.

Thailand's Securities Regulator Eyes Qualifications for New Crypto Investors
The regulator believes new cryptocurrency investors should have a certain level of trading experience and financial reserves.

Reddit, Robinhood, Citadel CEOs to Testify at GameStop Hearing
The U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies.

Industry Group Says Hong Kong's Proposed Crypto Rules Could Drive Traders Underground
Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance.

Canada’s First ETF a Positive Sign for American Approval
CoinDesk regulatory reporter Nikhilesh De discusses the significance of Canada’s first open-ended bitcoin exchange-traded fund, and provides the First Mover team with an update on Nigeria’s proposed bitcoin ban.

Nigeria’s SEC Puts Plans to Regulate Crypto on Hold in Light of Central Bank Ban
The Nigerian cryptocurrency community has been turning to peer-to-peer exchange platforms to continue trading.

Nigeria's Senate Summons Central Bank Chief to Explain Crypto Ban
The Nigerian Senate wants Central Bank Governor Godwin Emefiele and chief securities regulator Lamido Yuguda to testify about cryptocurrencies.

India May Side-Step Parliament to Push Through Crypto Bill: Report
The bill would potentially kick off the development of a digital rupee while banning “private cryptocurrencies.”

Binance Suspends Deposits in Nigeria Following Central Bank Directive
Nigeria's central bank told financial institutions they couldn't provide crypto companies or users with services on Friday.
