Fri, December 19

Dubai-based FinTech Firm Enables Access To Digitized Gold

ComTech introduces a Gold token, which allows users to access the gold electronically.   The current value of 1 $CGO token price is $54.97, as per CMC. Recently, the co-founder of XinFin XDC Network, Ritesh Kakkad tweeted that ComTech Gold is “redefining the tokenization infrastructure” by digitizing Gold using the

July 19, 2022 2 mins read

 FBI Warns Public Over Phishing Crypto Apps

FBI has issued a public warning about fraudulent cryptocurrency apps. According to the FBI, $3.7 million was defrauded from 28 victims. The Federal Bureau of Investigation (FBI) has issued a public alert concerning fake cryptocurrency apps.  According to the Securities and Intelligence Agency alert released on July 18, hackers have

July 19, 2022 2 mins read

A Famed Yacht Company Now Accepts Dogecoin and Shiba Inu

Yachtzoo accepting Shiba Inu and Dogecoin as a payment. Dogecoin traded at $0.066279 and it increased by 3.15% in the last 24 hours. Many high-end firms already accept cryptocurrency payments for yacht buying and financing. Following that, Monaco-based Yachtzoo collaborated with BitPay to provide digital currency payment services. Leading cryptocurrencies

July 18, 2022 1 min read

Indian Finance Minister Expresses RBI’s Demand for Crypto Ban

The Indian Finance Minister declared that the RBI recommended crypto regulation. Government expects international collaboration for any effective regulation. The Indian Finance Minister, Nirmala Sitharaman has recently revealed that the Reserve Bank of India (RBI) has put forward a suggestion to the government, to frame cryptocurrency regulations. The government needs

July 18, 2022 2 mins read

RBA Governor Philip Lowe Upholds Famous ‘Fiat Over Crypto’ Opinion

The RBA Governor says that the crypto did not have currency characteristics. RBA was investigating how the private-sector-issued tokens could work. According to Reserve Bank of Australia (RBA) Governor, Philip Lowe, the private sector will probably develop a successful stablecoin linked to official currencies rather than government bodies. In a

July 18, 2022 2 mins read

Prominent  Countries Strengthen Their Relationships on Crypto Regulation

According to FCA, U.S and U.K relations on crypto regulation will strengthen. The U.S. and U.K. will regulate stablecoins and investigate CBDCs. Nikhil Rathi, CEO of the U.K.  Financial Conduct Authority  (FCA), spoke about the FCA’s regulatory objectives on Wednesday at the Peterson Institute for International Economics. The CEO of

July 18, 2022 1 min read

New Zealand Under Pressure as Inflation Soars up to 32-Years High

Annual inflation rate exceeds the central bank’s prediction, rising to 7.3%. The price of constructing a new dwelling increases by 18% in a year. According to government data, the annual inflation reached a new 32-year high, increasing from 6.9% in the first quarter to 7.3%. Analysts predicted a 7.1% growth

July 18, 2022 2 mins read

Ripple CEO Discloses the Expenses for Its Lawsuit Against SEC

Ripple spent over $100 million on legal expenses. U.S. judge denied the SEC’s requests for attorney-client privilege. In a recent interview, Brad Garlinghouse, the Chief Executive Officer (CEO) of Ripple (XRP), stated that the company’s involvement in the case against the Securities and Exchange Commission (SEC)  financial expense, they will

July 16, 2022 1 min read

Ripple Predicts the Future of Crypto Adoption in the Next 3 Years

76% of financial firms expected to use cryptocurrencies in the next three years.  As per the financial organizations, crypto is an effective fence against inflation. The leading crypto solutions provider, Ripple has a recent forecast on crypto adoption among financial organizations. According to Ripple, in the next three years, about

July 15, 2022 2 mins read

Ripple Claims First Winning Against SEC

Defense lawyer James Filan won the attorney-client privilege argument.  SEC regulator only has two weeks to submit the appeal. The Securities and Exchange Commission (SEC) took a hit in its case against Ripple, a U.S. judge Sarah Netburn rejected the SEC’s claims for attorney-client privilege regarding internal files relating to

July 13, 2022 2 mins read
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