Cryptocurrency Regulations 181

Blockchain Technology to Transform Global Remittances and Stabilize Economies

Blockchain technology has the potential to revolutionize the global remittance landscape, according to Paxos Trust Company. The New York-based stablecoin titan believes that blockchain-powered remittance platforms can provide security, transparency, cost efficiency, speed, and accessibility.Paxos noted that global remittances are not only financial transfers, but also play a crucial role in poverty alleviation and economic […]

Tornado Cash: Balancing Privacy and Ethical Responsibility in the Crypto Space

Tornado Cash, a cryptocurrency platform renowned for its privacy features, is again in the spotlight for the wrong reasons. The Southern District of New York has indicted its founders, Roman Storm and Roman Semenov, for allegedly laundering over $1 billion. The charges are related to the platform’s alleged role in laundering money for the Lazarus […]

Ripple’s XRP Status Win Could Bring Regulatory Clarity to Crypto Market

Ripple’s legal battle with the SEC has been ongoing for three years, and the outcome of the case will have a major impact on the crypto industry. According to Pantera Capital CEO Dan Morehead, a win for Ripple could be a “positive black swan” that leads to greater regulatory clarity.The SEC has filed an interlocutory […]

Bitcoin Recovers Losses, Altcoins See Green After Stagnant Week

Bitcoin has seen a surge in the past 24 hours, coming close to $27,000. Despite this, other cryptocurrencies such as SOL, ADA, TON, and MKR have outperformed BTC.After a sharp drop from $29,000 to $25,300 last week, BTC has been relatively stagnant, hovering around $26,000. Yesterday, it fell by over $500 but quickly recovered. This […]

Binance Suspends Crypto Debit Card Services in Latin America and Middle East

Binance, a cryptocurrency exchange, has announced that it will be suspending its crypto debit card services in Latin America and the Middle East starting from August 25th. The cards allowed users to make payments with cryptocurrency assets, and the suspension will take effect by September 21st. Refunds and disputes can still be processed until December […]

UK Treasury Calls for Evidence on Banning Financial Cold Calls

The UK Treasury has issued a consultation and call for evidence to assess the impact of a proposed ban on finance-related cold calls. The government has also announced a fraud strategy that would involve 400 new jobs to update its approach to intelligence-led policing. It is estimated that fraud costs the country approximately $8.7 billion […]

Bitcoin Price Predicted to Reach $150,000 by 2025: Pantera Capital

Bitcoin is expected to hit nearly $150,000 during its next four-year halving cycle, according to Pantera Capital. The crypto asset manager believes that Bitcoin price performance depends heavily on its halving cycles, and with the next due within the coming twelve months, the firm is betting that historical trends will continue.The firm notes that BTC/USD […]

Coinbase Suspends Trading for Six Cryptocurrency Assets

Coinbase Assets recently announced the suspension of trading for six cryptocurrency assets on Sept. 6, 2023, at 9 AM PT. The assets affected are BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (OOKI) and Voyager (VGX). This suspension means the assets will no longer enjoy some of the exchange’s core services, including Simple and […]

AI Outperforms Humans: Is InQubeta the Best Crypto to Buy?

InQubeta (QUBE) is an Ethereum-based blockchain project that is aiming to revolutionize the way people invest in artificial intelligence (AI). The project has already sold 280,000,000 tokens in its presale, raising over $2.2 million. It is one of the most attractive opportunities in the cryptocurrency space, with investors having the potential to grow their capital […]

XRP Price Could Have Reached $10 with SEC Not Hindering Adoption, Says Pro-XRP Lawyer

XRP, the native token of Ripple’s Labs, has been hindered in its growth by the United States Securities and Exchange Commission (SEC) for the past three years. Pro-XRP lawyer and CryptoLaw founder John Deaton has blamed the SEC for the slow growth in the price of XRP. He believes that the XRP and the broad […]