On May 18, the US-based blockchain firm Ripple revealed plans to launch a new platform for central bank digital currency
Category: Regulator Warnings
SEC Denies Coinbase Request for Regulatory Clarity, Cites Complex Rulemaking Process
On Monday, the US Securities Exchange Commission (SEC) issued a report providing well-detailed responses to the Coinbase petition. Initially, Coinbase had
Zimbabwe’s Gold-Backed Crypto Token Generates $39M Sales Despite IMF Warnings
An official report from the Reserve Bank of Zimbabwe (RBZ) revealed that the sales for the gold-backed digital tokens yielded
Bitcoin Miner Riot Suing Rhodium Enterprises for $26 Million Unpaid Fees
The American-based Bitcoin mining company Riot Platform (RIOT) filed a lawsuit against Rhodium Enterprises for breaching the hosting contract. The
Former OpenSea Product Manager Convicted for NFT Insider Trading
On May 3, the New York Federal Court issued a report on the conviction of OpenSea ex-manager Nathaniel Chastain. The
Coinbase Shifts Focus Towards UK as the US Becomes a Difficult Territory for Crypto Industry
Coinbase CEO Brian Armstrong has stated the new direction of the regulated cryptocurrency exchange. To this end, he maintained that
U.S Congress Decides to Hold Hearing on Stablecoin Legislation as Part of Ongoing SEC Regulatory Action
U.S Congress is making some important changes in its schedule for the next week. The House of Representatives is undergoing
Silk Road Thief Gets One-Year Prison Sentence for Stealing more than 50,000 Bitcoin
James Zhong has recently received one-year prison sentence. He was found guilty of stealing 50K Bitcoins from the dark web
Hedge Fund Founder Hal Press Urges Crypto Investors to Be Cautious
The cryptocurrency market is undergoing some major changes at present. On one end, the matter of the traditional banking crisis
UK Financial Authorities Ask Influencers to Stop Advertising Illegal Crypto Investment Schemes
Reporters have confirmed that government officials in the UK have issued a seven parts checklist for social media influencers. This