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Search Results for: cryptocurrency regulation

Why Privacy-Conscious Traders Are Flocking to DTX Exchange

In today’s digital age, privacy has become a top priority for traders in financial markets. As more and more people experience data loss, identity theft, and invasive regulations, more traders are looking for platforms that provide secure, anonymous, and private trading.  The need for anonymity is particularly high in cryptocurrency

January 22, 2025 4 mins read

4 Tokens You Won’t Regret Adding to Your Portfolio This January

January 2025 is a bullish month in the crypto industry where major turning events such as the inauguration of the new president of the U.S.  are on the way, who is pro-crypto, and top analysts have identified four tokens that do have the potential to surge this are Rexas Finance

January 21, 2025 3 mins read

President Donald Trump Appoints Mark Uyeda as Acting SEC Chair

Newly sworn-in President Donald Trump has appointed Mark Uyeda as the acting Chair of the U.S. Securities and Exchange Commission (SEC), according to a White House announcement on Monday. Uyeda, a Republican SEC Commissioner since June 2022, takes over from Gary Gensler, whose tenure was marked by strict regulations and

January 21, 2025 2 mins read

BC Wong Appointed CEO of KuCoin, Strengthening Global Expansion and Compliance

BC Wong has been appointed to the position of Chief Executive Officer (CEO) of KuCoin, the globally recognized cryptocurrency exchange. KuCoin’s dedication to worldwide expansion and innovation is highlighted by the strategic decision, which also includes the exchange’s commitment to preserving regulatory compliance. BC Wong, who is more often referred

January 21, 2025 2 mins read

FDIC Accused of Hiding Crypto Documents in Coinbase Lawsuit

The US Federal Deposit Insurance Corporation (FDIC) is accused of withholding key cryptocurrency-related documents in a Freedom of Information Act (FOIA) lawsuit filed by Coinbase. The lawsuit claims the FDIC failed to disclose numerous “pause letters” advising banks to halt crypto operations. FDIC Accused of Hiding Crypto Documents On January

January 20, 2025 2 mins read

WazirX Aims to Recover Fully by Freezing $3M of Stolen USDT After 6 Months?

On July 17th, the Indian cryptocurrency exchange WazirX announced that it has frozen $3 million worth of stolen USDT following last year’s massive cyberattack. This marks the first successful recovery of assets since the July 2024 breach, where over $234 million (nearly ₹2000 crore) was siphoned from its Ethereum hot

January 18, 2025 2 mins read

Ripple CLO Dismisses SEC Appeal as ‘Noise’ While XRP Legal Status Remains Unchallenged

The ongoing legal battle between Ripple and the SEC enters a new phase as the regulatory body files its opening appeal brief, challenging aspects of Ripple’s previous courtroom victory. Stuart Alderoty, Ripple’s Chief Legal Officer, has characterized this latest development as merely “noise,” suggesting confidence in the company’s legal position.

January 16, 2025 1 min read

SEC Appeals to Appellate Court as its Next Move in Ripple Case

The crypto community is leaning increasingly towards bullish signals as activity increases and prices rise from the slump. This positive weather ahead of Donald Trump’s inauguration might result in further upward movements in cryptocurrency prices. Bitcoin has surged to the $99K level after much ado in the past weeks.   Meanwhile,

January 16, 2025 2 mins read

Upbit Faces Heat as South Korea’s FIU Conducts Disciplinary Hearing

South Korea’s Financial Intelligence Unit (FIU) is set to conduct a disciplinary hearing on January 21 to evaluate Upbit, the nation’s largest cryptocurrency exchange, for alleged violations of Know-Your-Customer (KYC) regulations. During a recent on-site inspection tied to the renewal of Upbit’s Virtual Asset Service Provider (VASP) license, the FIU

January 15, 2025 2 mins read
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