Despite Africans being a prominent adopter of cryptocurrency, as data suggests, there is still an unclear regulatory roadmap and guidance. Some countries, like Nigeria, have placed notable restrictions on crypto, yet it continues to thrive as a major adopter. https://t.co/UvxaeCti1e
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After a period of stasis, I wrote an article on the intense conflict between Gary Gensler’s Securities and Exchange Commission (SEC) and the cryptocurrency industry. https://paragraph.xyz/@cryptothought/sec-and-cryptocurrency-regulation-understanding-the-need-for-oversight-in-the-crypto-industry
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It's encouraging to see the team at ConsenSys stepping forward as the plaintiff and challenging the SEC in court. This action is beneficial for the industry as a whole. The SEC's stance has been notably inconsistent.
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