In a recent declaration to New Hampshire voters, former President Donald Trump voiced his opposition to the creation of a Federal Reserve digital dollar. This statement aligns with his consistent skepticism towards digital currencies, highlighting a significant divergence in the political discourse surrounding the future of digital finance in the United States. … [Read more...] about Trump’s stance against a digital dollar
Nigeria revises crypto stance with lifted ban
In a remarkable policy reversal, the Nigerian Central Bank has lifted its ban on cryptocurrency trading, a decision that marks a significant shift in the country's approach to digital currencies. This move is indicative of the growing recognition of the potential benefits and inevitability of integrating cryptocurrencies into the global financial system. … [Read more...] about Nigeria revises crypto stance with lifted ban
El Salvador launches $1 million ‘Freedom Visa’ program
In a groundbreaking move, El Salvador has introduced the "Adopting El Salvador Freedom Visa Program," a unique initiative designed to attract high-net-worth individuals and investors by offering a path to citizenship in exchange for a significant crypto investment. This program aligns with the country's broader strategy to embrace cutting-edge technology and financial … [Read more...] about El Salvador launches $1 million ‘Freedom Visa’ program
Dubai embraces XRP: A new chapter in financial innovation
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