Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), is determined to convince legislators that the crypto sector should fall under his agencys jurisdiction, despite recent challenges in...
Economic powerhouses that make up the G20 are advocating for a quick roll-out of the cross-border guidelines for digital assets. Recent reports from New Delhi, where these economic leaders gathered for a summit spanning...
The U.S. Securities and Exchange Commission (SEC) is set to make a critical decision following recent filings by the Chicago Board Options Exchange (CBOE). The move initiates the countdown for potential approval of...
Anatoly Aksakov, a key figure in Russias finance committee, believes that the advent of central bank digital currencies (CBDCs), particularly the digital ruble, could put conventional banks on the road to obsolescence....
Chinas central bank is nudging payment platforms to catch up to the digital yuan, its homegrown digital currency thats received major tech and business updates. Changchun Mu, who oversees the Digital Currency Research...
A courtroom showdown is happening between Wright Thurston and Eric Schiermeyer, co-founders of Gala Games, a blockchain gaming platform. Both parties have filed opposing lawsuits in a Utah District Court on August...
In a recent legal document submitted on Friday, Ripple counters the U.S. Securities and Exchange Commissions (SEC) request to escalate their ongoing litigation to an appellate court. The crypto firm contends that the SEC...
Yes Bank has teamed up with the Reserve Bank of India to enhance the functionality of the digital rupee. On August 30, Yes Bank revealed that its users can now transact with the digital rupee via QR codes through the...
The recent legal actions against Roman Storm, Roman Semenov, and Alexey Pertsev, the brains behind the cryptocurrency mixer Tornado Cash, are causing a ripple of concern throughout the cryptocurrency community. Last week,...
In recent developments, the U.S. government has unveiled a set of new tax regulations aimed at digital assets. As per the proposal by the Internal Revenue Service (IRS) on August 25, brokers involved in cryptocurrency...
John Deaton, a renowned attorney supporting XRP, has criticized the decision by the U.S. Securities and Exchange Commission (SEC) to lodge aiding and abetting allegations against Brad Garlinghouse, Ripples CEO. Deatons...
The Reserve Bank of Australia, in collaboration with the Digital Finance Cooperative Research Centre, has wrapped up its research into the potential applications of a central bank digital currency (CBDC). Released on...
One of the leading cryptocurrency exchanges, Bitstamp, has communicated its intention to conclude its Ether (ETH) staking service for users in the U.S. by September 25, 2023. Upon this action, all staked assets will be...
Reports emerging from Israel have put entrepreneur Moshe Hogeg under the spotlight, suggesting his alleged involvement in defrauding numerous users. The case involves $290 million, all linked to cryptocurrency...
Controversy has erupted as two developers from Tornado Cash, Roman Storm and Romen Semenov, find themselves in the crosshairs of the United States Office of Foreign Assets Control (OFAC). The duo were charged on August 23,...