In a significant move for cryptocurrency adoption, the Dubai Financial Services Authority (DFSA) has recognized Ripple’s XRP as a viable digital asset for use within its bustling financial sector. This development positions XRP in the spotlight of the Middle East's financial innovation, as Dubai continues to establish itself as a global free trade powerhouse. … [Read more...] about Dubai embraces XRP: A new chapter in financial innovation
Singapore’s stablecoin surge: digital asset payment firms reconsider strategy
The Monetary Authority of Singapore (MAS) recently finalised its stablecoin regulatory framework, which has sent ripples throughout the nation's financial technology sector. The move offers greater clarity to businesses keen on navigating the burgeoning stablecoin scene, and as a result, many digital asset payment firms are reevaluating their strategies, aligning with these … [Read more...] about Singapore’s stablecoin surge: digital asset payment firms reconsider strategy
Crypto.com gains foothold in the Netherlands with regulatory nod
Crypto.com, a globally recognized cryptocurrency platform, has attained a significant milestone in its quest for global expansion. Recently, the company secured registration approval to offer its services in the Netherlands. … [Read more...] about Crypto.com gains foothold in the Netherlands with regulatory nod
US court rules XRP is not a security
In a landmark judgment that has sent ripples across the cryptocurrency world, a U.S. court has ruled that XRP, the digital token associated with Ripple Labs, is not a security. This determination concludes a lengthy lawsuit pursued by the U.S. Securities and Exchange Commission (SEC) against Ripple Labs. … [Read more...] about US court rules XRP is not a security
Bitcoin ETFs: potential game-changer amid muted market activity
Bitcoin exchange-traded funds (ETFs) have been seen as a mirage in the cryptocurrency world, with numerous applications denied or withdrawn due to regulatory concerns. However, recent events suggest a tide change could be on the horizon. … [Read more...] about Bitcoin ETFs: potential game-changer amid muted market activity
IMF: Complete ban of crypto maybe ineffective
The International Monetary Fund recommends the countries to focus on addressing crypto demand instead. … [Read more...] about IMF: Complete ban of crypto maybe ineffective
Robinhood to delist ADA, MATIC and SOL
Robinhood, a US-based popular trading platform, has decided to delist Cardano (ADA), Polygon (MATIC) and Solana (SOL) on June 27th - the three tokens that were identified as securities by the Securities and Exchange Commission (SEC) in the recent lawsuits against Binance and Coinbase. … [Read more...] about Robinhood to delist ADA, MATIC and SOL
SEC brings charges against Binance and founder Changpeng Zhao
The US regulator files 13 charges against the world's largest cryptocurrency exchange … [Read more...] about SEC brings charges against Binance and founder Changpeng Zhao