The Asian crypto community has once again woken to a price consolidation in the market. Bitcoin has docked firmly at the $94K level causing anticipations among members. Meanwhile, JP Morgan’s recent investment in the cryptocurrency has caught the spotlight sparking discussions in our sector. On the other hand, the political-crypto
The community has seen quite some activity after the winter break. While prices have remained a sore spot, the regulatory landscape is slowly springing to action. With Gary Gensler’s resignation approaching fast, prominent personalities discuss their outlooks toward the sector’s regulatory future. Meanwhile, President-elect Donald Trump’s announcement of a Crypto
As opposed to a weekend slumber, this mid-December the crypto market rallied significantly. It began with Bitcoin hitting a new ATH that in turn instigated several activities across the sector. Meanwhile, the regulatory sector has also spurred actions with a recent WazirX update. The Ripple stablecoin is also awaiting market
While the crypto market is contending with its recent downward movement, the sector has seen diminished regulatory drama this week. This past day has seen the Donald Trump administration planning to extend the role of CFTC within the crypto industry. Notably, the Oracle Corporation has stirred market attention on the
In the last 24 hours, several interesting market activities occurred. The crash of the US stock market took the spotlight as the leading cryptocurrency Bitcoin also returned to the $69K level. Meanwhile, on the regulatory end, the SEC received a response from its recent Wells Notice receiver, Immutable. Crypto assets
Since its origin, cryptocurrency has been closely intertwined with politics. The nature of the sector, with its open threat to centralized finance, has rendered politics to be its constant watchdog. Moreover, the need for regulations within digital assets, though contrary to crypto’s goals, still requires the involvement of political and
Crypto exchange Kraken is escalating its legal battle with the U.S. Securities and Exchange Commission (SEC) by demanding a jury trial. This request, revealed in a recent court filing, comes as a California judge has ruled that the SEC’s lawsuit against Kraken will proceed to trial. The SEC first sued
Nigeria’s SEC has planned to take legal action against crypto exchanges and investors. Those who fail to abide by their regulatory frameworks. Nairametrics, a local Nigerian media has reported that Dr. Emomotimi Agama, the SEC Director-General is emphasizing that the committee is determined to protect investors. Similarly, in July, the
The global crypto regulatory sector has shown a spike in activity in 2024. Leading nations such as the US and UK announced new regulatory plans while on the other hand, Eastern countries also made advancements. Presently, in the past day, South Korea’s regulatory body, the Financial Supervisory Services (FSS) announced
The cryptocurrency sector confronts several legal complications on a daily basis. While regulatory bodies often stand central to such occurrences, there are instances when individual traders raise issues. One such lawsuit was the 2022 Dogecoin Manipulation case filed against tech billionaire Elon Musk and his company Tesla. According to market
