With the U.S. Securities and Exchange Commission (SEC) launching a full offensive against crypto this year, an ongoing lawsuit against one of the agency’s first industry targets – Ripple – remains as prevalent as ever. Given recent developments, many parties close to the case believe the court’s ruling may be imminent. How might the result...Read More
Ever since the speculation around Ripple vs the SEC’s final ruling has made headlines, the XRP price has displayed immense strength. The token appears to be poised to maintain a firm upswing regardless of the challenges being imposed on the crypto markets. Recently, when the SEC charged Binance and Coinbase, the markets experienced a significant...Read More
In a landmark decision, the Supreme Court has ruled in favor of Coinbase, the leading cryptocurrency exchange, in a high-stakes arbitration case. This ruling marks a significant milestone in the legal recognition and regulation of cryptocurrency exchanges. Coinbase Celebrates a Victory at the US Supreme Court In a closely contested 5-4 decision, the Supreme Court...Read More
The leading cryptocurrency exchange – Crypto.com – obtained a Virtual Asset Service Provider (VASP) registration from the central bank of Spain. The financial institution has shown a positive stance toward digital asset companies in the past few years, giving a regulatory nod to Binance’s subsidiary – Moon Tech Spain – last summer. Crypto.com announced the...Read More
Leading cryptocurrency exchange Gemini has announced the launch of its Ethereum (ETH) staking program in the United Kingdom. Dubbed Gemini Staking Pro, the product will enable institutions and high-net-worth individuals to run validators on the Ethereum blockchain. The development aligns with Gemini’s expansion plans, as the staking program is already live in the United States...Read More
The United States Securities and Exchange Commission (SEC) has given up its slot as one of the first creditors to be repaid by the insolvent crypto lending platform BlockFi. The move comes as the SEC is facing intense pressure from a legal battle against the cryptocurrency exchange, Binance. U.S. SEC Forfeits Front-Row Seat for Investors...Read More
In a bid to recover as many assets as possible and potentially even reboot FTX, the bankrupt exchanges’ new leadership has been filing clawback requests from previous business partners and donation recipients. Clawback requests have also been filed against former executives, including SBF himself, although the amounts subject to possible returns from executives pale in...Read More
Stuart Alderoty, the Chief Lego Officer at Ripple, has taken to Twitter to praise the “workable” framework that the Monetary Authority of Singapore has built. His comments come amid regulatory turmoil in the US as Ripple, Coinbase, Binance, and other crypto-related companies are facing lawsuits against the country’s Securities and Exchange Commission. Stuart Alderoty praised...Read More
[Press Release – Tallin, Estonia, June 22nd, 2023] BitcoinCasinoKings and BC.Game Join Forces for Exclusive June Wagering Tournament BitcoinCasinoKings is thrilled to announce its partnership with BC.Game for the highly anticipated June Wagering Tournament. The tournament, running from June 9th to July 9th, 2023, promises an exhilarating gaming experience and a chance to win a...Read More
Joseph Chalom – BlackRock’s head of strategic partnerships – thinks the current regulatory environment is not quite welcoming for leading institutional investors to participate in Decentralized Finance. He predicted that crypto firms like Coinbase could play a vital role in such a transition in the future, acting as a bridge between DeFi and traditional finance....Read More
On June 22, the IMF reported on the benefits of CBDCs noting that they could lower remittance costs and improve financial inclusion. It also stated that crypto needs to be regulated for digital assets to safely remain part of the payment system. However, in conclusion, the IMF painted a positive picture of the crypto industry...Read More
Renowned analyst Bluntz, known for his accurate predictions, recently shared some intriguing insights with his 223,000 Twitter followers regarding the potential growth of Solana (SOL), a prominent rival to Ethereum. Bluntz suggests that SOL could experience a significant surge, potentially doubling in value. Additionally, the analyst identifies a bullish signal for Bitcoin. According to Bluntz’s...Read More
