A measure to prevent efforts to establish a CBDC in the United States has been approved by a House committee. Concerns about impeding development and U.S. competitiveness in the international financial sector were at the forefront of the arguments that the contentious decision sparked on Capitol Hill. The committee, which
Co-founder of Solana Anatoly Yakovenko talks about how the United States is discouraging innovation in Web3 by imposing too many regulations on the sector. As per the co-founder, blockchain technology presents a significant opportunity for several developers keen in developing Web3. However, problems arose due to murky regulations. In addition, he thinks that the
In the midst of a gloomy bear market, Toncoin, a prominent Layer 1 blockchain, has emerged as a ray of light. Its recent bull rally following the announcement of its collaboration with long-time partner Telegram has garnered the community’s attention. This surge also catapulted Toncoin into the list of the
The leading altcoin Solana (SOL) has displayed significant spring in the face of liquidation concerns, as its price surges ahead with notable gains. Over the last few days, SOL has seen impressive growth, soaring by nearly 5% in the last 24 hours alone. The current SOL price is trading above
The New York Department of Financial Services (DFS) has made significant waves in the cryptocurrency world with its latest move to revamp its “greenlist” of approved cryptocurrencies. According to crypto lawyer Bill Morgan, DFS removed assets like Ripple (XRP) and Dogecoin (DOGE), while Bitcoin (BTC), Ethereum (ETH), and the PayPal
After receiving support from the popular messaging platform Telegram, Toncoin has been one of the top performers in recent times. Telegram, a widely used chat service, has made public its decision to include the crypto wallet Ton Space. Toncoin’s price performance has been significantly impacted by the integration with Telegram,
Throughout most of 2023, Justin Sun’s TRON blockchain has been doing well. The astounding uptick in transaction activity for a project that just debuted six years ago demonstrates the growing natural demand for the TRX cryptocurrency. Tron’s quick growth over a short period of time is reflected in the fact
The United States SEC recently submitted evidence against Binance U.S in the ongoing action, demonstrating the exchange’s failure to comply in compliance with a previously negotiated consent order. In a separate development, Binance U.S has argued that the SEC’s demands are uncalled for in an emergency restraining order. After filing
Ripple’s relentless resistance against the United States SEC continues to attract attention from the crypto community at large. The firm plans to keep moving forwards with key innovations and collaborations. Ripple is still planning to expand internationally despite the ongoing SEC pursuit and bearish market sentiments. According to David Schwartz,
Transaction and wallet activity on Tron, a measure of its popularity among investors and traders, have lately grown, lending credence to the recent price jump. Moreover, Tron’s founder, Justin Sun, has shown interest in purchasing the assets of defunct cryptocurrency exchange FTX. The goal, as the founder of Tron indicated,
