Robinhood, a prominent trading and stocks exchange firm, now leading in cryptocurrency exchanges too planned to make Initial Public Offering (IPO). Under the sightings of the recent cryptocurrency market trend by SEC, Robinhood’s IPO plans are halted for now. The Postpone of Robinhood IPO Robinhood Markets Inc is basically an
The new head of the US SEC mentioned the need for investor protections for cryptocurrencies. Bitcoin and other cryptocurrencies have boomed since last year. Gary, the new chief of US Security and Exchange Commision recommends more investor protections needed for crypto assets. In addition, he specifically sees the attraction to
XRP holders blame SEC for causing ‘multi-billions in losses’. Ripple won a slight reprieve from its myriad legal problems. Ripple still faces lawsuits from XRP holders in California and Florida. XRP holders seek to join the US Securities and Exchange Commission’s lawsuit against Ripple. XRP Holders Join SEC Lawsuit as
-Nigeria SEC collaborates with CBN to Regulate crypto market.-Regulators in Nigeria cannot ignore the $1.74T crypto market.-CBN and SEC also work with other Federal agencies.-In order to develop a national regulatory approach to cryptos in Nigeria. According to a report by Premium Times, the Central Bank of Nigeria (CBN) and
Coinbase will suspend XRP trading next month. The XRP suspension is followed by the SEC lawsuit against Ripple. In addition, full-suspension will take place from January 19, 10:00 AM PT. XRP price dropped over 60% in 10 days. Coinbase announced that Ripple (XRP) trading will be suspended by January 2021.
Ripple, the San Francisco-based fintech firm is now set to open its regional office within Dubai International Financial Center (DIFC) district. Ripple announced its interest in opening a regional HQ in Dubai. However, the fintech firm no longer wants to be situated in San Francisco. This is due to the
