The license could help advance Ripple’s plans for a financial transaction platform through crypto Ripple, a blockchain company, announced on Thursday that it has been given the green light to operate its payments platform in Singapore. This is uplifting news for the cryptocurrency industry globally, especially with the strict regulations in the US. Ripple has
The US government is finally taking crypto oversight seriously, but not for the betterment of the space The cryptocurrency market in the US is currently showing a greater sensitivity towards regulation rather than toward crypto collapses, as witnessed in the past few weeks. This is despite the fact that the regulatory bodies are exerting their
MasterCard has submitted a patent application for a new crypto payments solution MasterCard, the payment processing giant that competes with Visa, has demonstrated its unwavering interest in cryptocurrency since it first launched. The latest support comes through a patent application for gadgets connected to blockchain technology and cryptocurrencies. Patent attorney Mike Kondoudis recently notified users
Despite a lack of crypto clarity in the US, digital currencies are still gaining momentum Ethereum (ETH) developers are considering a significant increase in the current limit due to the surge in waiting time and the high demand for activating the Ethereum validator node. The current recommendation is to move the validator limit from 32
The US reportedly holds over $5 billion in Bitcoin, despite its opposition to digital currencies Forbes has reported that the US Treasury currently holds the biggest government-owned stockpile of Bitcoins in the world, with a value of $5 billion, equating to 207,189 Bitcoins. A recent study, exclusively obtained by Forbes, revealed that, unlike other countries
While not considered legal tender, crypto earns a spot in the consumer market The Brazilian government finally chose the entity that will regulate the cryptocurrency industry, the Central Bank of Brazil. A decree signed by President Luiz Inácio Lula da Silva certified the validity of the law that will regulate the crypto market and the
Some crypto insiders believe the securities watchdog is only stalling and doesn’t have an answer Despite recently going on the attack against cryptocurrency companies, the Securities and Exchange Commission (SEC) apparently doesn’t have a solid reason why. Coinbase had requested more guidance and clarity on the principles of the SEC’s new asset class laws via
The investment platform is going to delist the tokens, but open positions are safe eToro, the Israel-based investment platform, is going to delist several cryptocurrency tokens. In a tweet this week, it announced that its cryptocurrency offering for US customers will undergo adjustments, with four tokens to be removed as of yesterday, June 12. The
A group allegedly from Russia is behind the latest crypto thefts Since the beginning of this year, more than 1,000 deceptive websites have been misguiding people through sham reward schemes that were, until now, unrecognized cryptocurrency fraud. Last week, a team of researchers from Trend Micro released a report indicating that a campaign involving collaboration
The cryptocurrency exchange is preparing for the worst in the US market On Thursday night, Binance, the biggest cryptocurrency exchange in the world, issued a notice that it would halt the acceptance of US dollar deposits. At the same time, it encouraged clients to retrieve their funds at the beginning of next week. This all
The UK is taking the lead on bringing regulations to the crypto ecosystem The safeguarding of consumers is the key priority for Britain’s financial regulator, as evidenced by the recent establishment of guidelines concerning the marketing and transaction of cryptocurrency. The financial industry has been under scrutiny for its lack of regulation and high-risk investment
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