The XRP token rose over 6% on the day after the SEC dismissed the charges against Ripple’s top executives.

SEC drops all charges against Ripple’s CEO Garlinghouse and co-founder Larsen

The U.S. Securities and Exchange Commission (SEC) has dropped all charges against Ripple Labs  Chief Executive Officer Brad Garlinghouse and Executive Chairman Chris Larsen, according to an...

11 months ago

The Belt and Road Announcements Included Digital Currency Agreements

Central Banks of China and UAE Sign MoU to Strengthen Digital Currency Cooperation

The Central Banks of China and the United Arab Emirates (UAE) have recently signed memoranda of understanding (MoUs) relating to digital currencies during the third "Belt and Road" Int...

11 months ago

Securities and Exchange Commission (SEC) Chairman Gary Gensler recently commented on the application status of numerous Bitcoin spot ETF applications.

SEC chairman Gensler confirms ongoing review of Bitcoin ETFs

SEC Chairman Gary Gensler confirmed that the regulator reviews numerous Bitcoin spot ETF applications. While mentioning eight or nine such applications, Gensler emp...

11 months ago

Russian ‘Crypto Queen’ Suspected of Sending Coins to Ukraine

Russian police think that a “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” may have sent tokens to support Ukraine’s military. Valeria &...

11 months ago

Central African Republic Arrests Crypto ‘Rug Pull’ Mastermind as Associates ‘Flee Country’

Police in the Central African Republic think they have captured one of the alleged masterminds behind an apparent rug pull that left “hundreds” of citizens o...

11 months ago

Rising Crypto Scams in the Philippines Underscore Need for Education

Rampant scams highlight critical need for greater crypto literacy

Cryptocurrency-related scams are proliferating at an alarming rate in the Philippines. As cryptocurrencies and blockchain technology surge in popularity, scammers are shamelessly capit...

11 months ago

Cryptocurrencies will “never be legalized in Pakistan,” said Minister of State for Finance and Revenue Aisha Ghaus Pasha.

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

Pakistan's government has hardened its stance against cryptocurrencies, even as retailers continue to hedge their financial bets against a devaluing Pakistani rupee partly due to a volatile ...

11 months ago

Some of Japan’s biggest businesses have asked the nation’s government to make crypto tax reforms, as the country continues to pivot to Web3 and crypto.

Major Japanese Businesses Ask Gov’t to Reform Crypto Tax System

Per an official Japan Association of New Economy (JANE) announcement, the group has submitted a tax reform proposal to Tokyo. JANE has asked the government to “reduce tax ra...

11 months ago

Singapore's Attorney-General's Office has officially established two specialized task forces, comprising approximately 20 prosecutors, tasked with addressing the crypto related crimes.

Singapore Establishes Task Forces to Assist Police in Crypto-Related Crimes

Deputy Chief Prosecutor of the Attorney-General's Chambers, Ong Shouren, told a local news outlet that law enforcement agencies are under increasing pressure to adapt and comprehen...

11 months ago

FTX customers could get $9B shortfall claim payout by mid-2024

Customers of bankrupt crypto exchange FTX and FTX US could see over 90% of assets returned to them by the end of the second quarter of 2024 after a proposed settlement was reached between FTX cr...

11 months ago