The XRP legal team has said that they have used Peirce’s statements as evidence. As for the SEC Commissioner, Deaton claims he has been praising for almost two years. Several prominent figures in the digital asset business are questioning the U.S. Securities and Exchange Commission’s (SEC) recent legal actions. The
August 21, 2022 2 mins read
The company not only mines Bitcoin but also Bitcoin Cash and Bitcoin SV. The precise date when SBI will end its cryptocurrency mining in Russia is still unknown. Japanese financial services giant SBI Holdings, according to a Bloomberg report, is winding down its cryptocurrency mining activities in Russia. One of
August 20, 2022 2 mins read
The central bank of the Philippines is the regulator of the crypto sector in the country. The central bank issued a warning that citizens are not insured against financial losses. Recently, Bangko Sentral ng Pilipinas (BSP), the Philippines’ central bank, issued a public warning against unregistered and international crypto service
August 20, 2022 2 mins read
The time required to get a license is a huge drawback of this approach. State governments may impose their own regulations on the services. Binance US, Binance’s American subsidiary, recently announced that it has been granted a Nevada Money Transmitter License. Binance US now has licenses in a total of
August 20, 2022 2 mins read
The customer’s ability to make net purchases may be restricted in certain cases. The cap limit does not apply to 4 major cryptocurrencies. In order to comply with rules, Canadian cryptocurrency exchanges have implemented procedures to restrict yearly purchases of crypto assets to CAD 30,000 (USD 23,250), with the exception
August 19, 2022 2 mins read
On July 21st, the European Central Bank (ECB) stated that it will raise interest rates. The Bank of England has already raised interest rates six times in a row. Inflation in the Eurozone reached an incredible high of 8.9% in July. The last time it was this high was 25
August 18, 2022 2 mins read
Crypto.com, the most rapidly expanding cryptocurrency platform globally, has now revealed that it has been officially recognized as a crypto asset firm by the UK’s Financial Conduct Authority (FCA). With this authorization, Crypto.com may provide a full range of services to consumers in the UK while adhering to all applicable
August 17, 2022 1 min read
Celsius mined 432.30 BTC in July, which is equivalent to nearly $10.3 million. Judge Martin Glenn of the Bankruptcy Court reached the ruling. Troubled crypto lender Celsius Network received a reprieve when the court supervising the firm’s bankruptcy case allowed the company to sell freshly mined Bitcoin. Although there were
August 17, 2022 1 min read
PIP, a Web3 payment solution provider, has launched its services inside the Binance ecosystem, enabling Binance Smart Chain (BSC) customers to conduct transactions using Binance Coin (BNB) and Binance USD (BUSD). The PIP Extension product on the platform will be the high-tech solution that links together different Web2 social media
August 16, 2022 3 mins read
Currently, active blockchain game Arker has released the final 2D complete redesign edition of its main gaming product, Arker: The Legend of Ohm. This current update comes after an exciting year of progress in which Arker has seen an expansion in its personnel, marketing efforts, and partner initiatives. One of
August 16, 2022 3 mins read
