Russia’s CBDC Project Gains Momentum as Parliament Pass Digital Ruble Bill
The law will now shift to the Russian Federal Assembly’s upper chamber. If ratified, it will move to the president’s desk. The digital rule, which...
Coinbase Launches Messaging Service for Self-Custody Wallet
Coinbase, in its Wednesday, July 12 statement, confirmed introducing the messaging service allowing users to convey encrypted messages using the custodial wallet. The new feature...
International Monetary Fund (IMF) Urges Reforms to Shield Marshall Islands From Crypto Economy
The IMF believes that a nation with ‘capacity constraints’ and lacking a central bank should not enter the crypto economy. Annual talks between the Republic...
Standard Chartered Bank Claims Bitcoin May Hit $50K by End of 2023
Banking enterprise Standard Chartered has recently issued some major bullish predictions for the Bitcoin market. The report issued by the firm projects a $50K per...
Paradigm Counsel Faults SEC for Wrongful Attempts to Police Crypto Industry
The special counsel of crypto investment firm Paradigm criticized the US Securities and Exchange Commission (SEC) for its overreach in recent purges against crypto exchanges...
Gemini Sue Digital Currency Group and Barry Silbert Citing Earn Program Dishonesty
Cameron Winklevoss, the founder of Gemini, claimed that Barry Silbert was involved in fraud since he was aware that Genesis was significantly bankrupt when trying...
UK Lawmakers are Working on New Legislation to Help Authorities Fight Crypto Illegal Activities
Lawmakers in the UK have continued their strict stance towards the crypto sector. The latest bill passed in the parliament has added new amendments to...
South Africa Wants Crypto Exchanges to Obtain Licenses by Year-End
Cryptocurrency exchanges operating in South Africa have received new notifications from the regulators. The Financial Sector Conduct Authority (FSCA) of South Africa has recently issued...
Court Orders Kraken to Comply with IRS Demands and Disclose User Data
Court directs Kraken to offer details of persons involved in transactions surpassing the $20000 cap in the calendar year. Kraken, a crypto exchange, has been...
Crypto Exchange Bittrex Files a Motion to Dismiss SEC Lawsuit
Bittrex Exchange is one of the cryptocurrency exchanges that are currently facing a lawsuit from the SEC. The regulatory agency has sued crypto trading platforms...