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XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike
20.10.2024
Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans...
‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction
20.10.2024
Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer of asset management firm Bitwise. The executive highlights factors like...
Crypto ATMs Coming to 45 New Locations Across Five US States
19.10.2024
Cryptocurrency is becoming more accessible across the U.S. with the expansion of digital currency kiosks to 45 new locations in the Southwest and Midwest. Yesway, a fast-growing convenience store chain, is partnering with Coinflip to bring crypto ATMs to its customers, offering a seamless...
Digital Ruble and Sanctions: Expert Analyzes Russia’s Digital Currency Plan to Evade Western Control
19.10.2024
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial landscape amid sanctions. While the digital...
$230M Bitcoin Heist Takes Dark Turn — $100M Still Missing, FBI Probes Kidnapping Link
19.10.2024
Two young men pulled off a $230 million bitcoin heist in one of the largest crypto thefts from a private individual in U.S. history. But after indulging in luxury cars and a $2 million watch, the story took a sinister twist. Now, prosecutors say the crime may be tied to a shocking kidnapping —...
Is Complete Decentralization of Finance Realistic? Fed Governor Waller Says No
19.10.2024
A Federal Reserve governor questioned whether decentralized finance (defi) can truly eliminate the need for intermediaries, despite bitcoin’s revolutionary promise. While decentralized systems aim to bypass traditional structures, he argues that trust in intermediaries still resurfaces. Could...
Cyprus SEC Enforces EU Crypto Regulation — Key Deadlines Loom
18.10.2024
Key deadlines for crypto-asset regulation are approaching, as Cyprus’ regulator announced that the EU’s Markets in Crypto-Assets Regulation (MiCAR) will take effect for service providers by December 2024, with registration closing by October. Providers already registered may operate until mid-2026...
UAE to introduce legal framework for DAOs
18.10.2024
UAE lawyer Irina Heaver told Cointelegraph that the framework would allow even smaller DAOs to operate legally.
Paypal Expands Crypto Reach: 60 Million Venmo Users Now Linked to Moonpay
18.10.2024
Venmo’s 60 million users can now fund transactions on the Moonpay platform, thanks to a new integration announced by Paypal. U.S. users can use Venmo balances, linked bank accounts, or cards to buy and sell cryptocurrencies through Moonpay, expanding payment flexibility. However, this option...
JPMorgan: We Are Bullish on Digital Assets Into 2025
18.10.2024
Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC higher, reinforcing the “debasement trade” as investors seek refuge...
SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?
18.10.2024
The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared...
Euroclear makes first Asia investment with Marketnode stake
17.10.2024
The major European securities settlement firm has found an Asian platform for its FundPlace offering
Cyprus freezes crypto applications ahead of EU-wide MiCA transition
17.10.2024
The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA
Hamster Kombat Season 2 lets players become CEOs, build game studios
17.10.2024
Hamster Kombat teased its new storyline for Season 2 in a newly released trailer for the popular Telegram clicker game
Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments
17.10.2024
Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and virtual staking pools. Now, affected individuals...
Gold Arrives on 'Digital Gold' as Bitcoin Gets Tokenized Version of the Metal
17.10.2024
Bitcoin is often referred to as "digital gold," but now it is possible to mint and trade physical gold on the Bitcoin blockchain via the Ordinals protocol
Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
17.10.2024
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets...
Hong Kong Chief Executive’s 2024 Policy Address Mentions Multiple Virtual Assets
17.10.2024
Hong Kong has introduced its Chief Executive’s 2024 Policy Address which not only mentioned a number of virtual…
94% of Asian private wealth is investing or considering crypto: Report
17.10.2024
Almost a third of surveyed respondents believe that Bitcoin will break through $100,000 by the end of the year
DTCC launches digital sandbox to innovate capital market infrastructure
16.10.2024
The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases