Kraken Unveils Crypto Custody Service for US Institutional Clients
21.3.2024
Crypto exchange Kraken launched a crypto custody service in the US targeted at institutional clients on Wednesday. Kraken Financial, a state-chartered bank based in Wyoming, will provide the service.
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How XRP sets the standard for crypto security?
21.3.2024
XRP is a type of cryptocurrency. It is necessary for the Ripple ecosystem to work. Ripple aims to change international payments by using XRP as an intermediate token to facilitate speedy and affordable transactions between financial institutions. Just like with physical currency, digital assets...
SEC Requests More Funding to Regulate Crypto Sector
21.3.2024
The U.S. Securities and Exchange Commission (SEC) has submitted its 2025 budget request, which will partly fund the securities watchdog’s efforts to regulate the crypto sector. “We’ve seen the Wild West of the crypto markets, rife with noncompliance,” SEC Chair Gary Gensler...
Sweden’s Riksbank Releases Final Report on CBDC Project
21.3.2024
Sweden’s Riksbank has released its final report on its central bank digital currency (CBDC), the e-Krona, which focused on offline payments.
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Economists Rally Behind Honduras in $10.8 Billion Legal Fight Over Crypto Island Project
21.3.2024
A group of 85 economists has supported the Honduran government’s decision to leave the World Bank’s arbitration body, the International Centre for Settlement of Investment Disputes (ICSID), amidst a legal conflict with the crypto island project Próspera Inc., which seeks $10.8 billion...
Uzbekistan Increases Monthly Fees for Crypto Market Participants
21.3.2024
Uzbekistan's National Agency for Prospective Projects (NAPP) has announced a new directive to raise the monthly fees for those involved in the cryptocurrency market within the country.
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Hong Kong Central Bank Raises Red Flag on Deceptive Digital Currency Trial Entities
21.3.2024
Hong Kong's central bank cautioned the public Wednesday about schemes falsely claiming association with its e-HKD pilot projects. The warning comes as Hong Kong explores the potential of a central bank digital currency through various trial projects.
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Morph EVM Raises $20M Funding Led by DragonFly Capital
21.3.2024
Ethereum Virtual Machine (EVM) Layer 2 firm Morph, has raised $19 million in a seed funding led by DragonFly Capital.
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Coinbase to Provide Key Infrastructure for Blackrock’s Tokenized Investment Fund
21.3.2024
Coinbase has been chosen as a key infrastructure provider for Blackrock’s newly unveiled tokenized investment fund, the crypto exchange has revealed. “This is the latest progression of our digital assets strategy,” said Blackrock’s head of digital assets. “We are focused...
South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto
21.3.2024
South Korean “tax dodgers” have been dealt another blow, with tax authorities in the city of Hwaseong confiscating cryptoassets worth over $768,500.
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XRP Price Prediction as Solana Overtakes Ripple – What’s Going On?
21.3.2024
With XRP trading close to $0.6090, the SEC's legal entanglements cast ripples through its market stability
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Bitcoin Rallies Post-Fed Rate Announcement, Shorts Worth $151.69M Liquidated
21.3.2024
The valuation of bitcoin (BTC) tapped the $68,000 mark merely 17 hours following its dip to $60,760 per unit. Following the latest Federal Open Market Committee (FOMC) session, the entire crypto market has seen a 5.9% upturn, with bitcoin rising 6.8% versus the U.S. dollar. Crypto Market...