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1 year, 9 months ago
South Korea Launches Pilot Project for Central Bank Digital Currency
South Korea is joining a growing number of countries researching central bank digital currencies (CBDCs). The Bank of Korea (BOK), Financial Services Commission (FSC), and Financial Supervisory Service (FSS)…
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1 year, 9 months agoU.S. Treasury Yields Could Spark Bitcoin Bull Market, Predicts Former BitMEX CEO
Arthur Hayes, former CEO of crypto exchange BitMEX, believes that a new Bitcoin and crypto bull market could be on the horizon due to ballooning yields in the U.S. treasury. This phenomenon, known as a “bear s…
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1 year, 9 months agoRipple Secures Approval in Singapore, Boosts XRP Price by 4%
Ripple has achieved a major legal victory in Singapore, with the Monetary Authority of Singapore (MAS) granting the company a license to operate as a digital payment token services provider. This development has…
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1 year, 9 months agoBinance to Discontinue BUSD Services, Ripple Secures Singapore Approval
Binance has announced the discontinuation of borrowing and lending services for its native stablecoin, Binance USD (BUSD). The move is part of a phased termination of BUSD-related services, culminating in a…
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1 year, 9 months agoRipple Secures Singapore Licensing and Victory Over SEC
Ripple’s XRP token saw a 5% surge in value, reaching $0.53018, following the company’s significant victories during the reporting period. Ripple’s subsidiary, Ripple Markets APAC Pte Ltd, secured a Major Payme…
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1 year, 9 months agoBanque de France Sees CBDC as Catalyst for New International Monetary System
Banque de France has embraced the global perspective on the central bank digital currency (CBDC) discussion, touting it as a foundation of the new international monetary system. Denis Beau, First Deputy Governor at…
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1 year, 9 months agoBinance Aids Thai Police in Dismantling $277 Million Crypto Scam Ring
Binance, the crypto exchange giant, has teamed up with the Royal Thai Police and other international law enforcement agencies to take down a massive crypto scam that defrauded thousands of victims. The operation,…
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1 year, 9 months agoSentencing of AirBit Club Scheme Promoters Completed
The United States District Court for the Southern District of New York is continuing with the sentencing of the key individuals behind the AirBit Club cryptocurrency Ponzi scheme. On October 3, Scott Hughes,…
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1 year, 9 months agoCardano Achieves Month-High Value Despite Crypto Market Volatility
Cardano (ADA) has been making impressive strides in the ever-volatile cryptocurrency market, with its value reaching a month-high of $0.26 on October 2nd. The development team, led by Input Output Hong Kong (IOHK),…
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1 year, 9 months agoUK to Launch Digital Securities Sandbox in Q1 2024
The United Kingdom is set to launch its second crypto sandbox in the first quarter of 2024. The Financial Conduct Authority (FCA) Head of Capital Markets, Helen Boyd, revealed the news during her speech at the…
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1 year, 9 months agoVitalik Buterin Outlines Ethereum's Evolution Amid Community Perspectives
Vitalik Buterin, the co-founder of Ethereum, has outlined a roadmap for the future of the blockchain network. Despite the differing perspectives of the Ethereum community, Buterin has mapped out a path for the…
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1 year, 9 months agoRipple Secures Legal Victory, XRP Price Surges to Nearly $0.55
Ripple achieved another legal victory as a federal judge dismissed the SEC’s appeal to a July ruling. Following this win, XRP’s price surged to nearly $0.55 amid a broader cryptocurrency market decline, marking its…
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1 year, 9 months agoSEC's Interlocutory Appeal Motion Dismissed in Ripple Case
The United States Securities and Exchange Commission (SEC) has been dealt another setback in its ongoing legal battle against Ripple Labs. District Court Judge Analisa Torres has dismissed the SEC’s interlocutory a…
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1 year, 9 months agoSEC Fights Back Against Coinbase's Motion to Dismiss Case
The SEC filed a motion to oppose Coinbase’s motion to dismiss the case on October 3. Coinbase’s chief legal officer, Paul Grewal, said that the agency has no grounds for their claims as crypto assets have not bee…
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1 year, 9 months agoFriend.tech Users Warn of Possible SIM-Swap Attacks
Recently, four Friend.tech users have had a total of 109 Ether ETH, worth around $178,000, stolen from their accounts in under a week. The users have warned of possible SIM-swap attacks, where exploiters gain…
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1 year, 9 months agoXRP Price Surges After SEC Appeal Dismissal in Ripple Lawsuit
XRP, the cryptocurrency of Ripple, has seen a 3.7% increase in its price in the past 24 hours, outperforming most other cryptocurrencies which were trading in the red. This surge in XRP price was driven by the…
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1 year, 9 months agoLocalizing KYC and Onboarding Flows for APAC Crypto Success
The Asia Pacific region is emerging as a crypto powerhouse, with Hong Kong recently opening its doors to crypto trading and Vietnam and India being crowned the top crypto adopters in 2022. For companies eager to…
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1 year, 9 months agoRipple Wins SEC Appeal, XRP Surges 5%
Ripple scored another win in its legal battle against the U.S. Securities and Exchange Commission (SEC) in July when a judge dismissed the SEC’s appeal. The SEC had argued that there were substantial grounds for d…
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1 year, 9 months agoSEC's Appeal Against Ripple Denied: Implications on Crypto Oversight Emerge as XRP Price Surges 5%
The ongoing legal battle between the United States Securities and Exchange Commission (SEC) and Ripple Labs has taken a new turn with District Judge Analisa Torres denying the SEC’s motion to appeal its previous l…
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1 year, 9 months agoUK Crypto Regulations: ByBit's Exit Highlights Regulatory Challenges for UK Investors
The Financial Conduct Authority (FCA) of the United Kingdom has recently introduced new regulations for crypto exchanges, with the primary focus being on marketing activities. These rules are aimed at protecting…
