While some expected it to be done by the summer, SEC v. Ripple is now on the threshold of 2021’s final quarter. On 21 September, the court denied Ripple’s request for documents revealing the SEC’s “trading policies governing digital assets.” This was a blow to the XRP community, especially since the defendants wanted to knowContinue reading “Ripple seeks ‘in camera’ review of three more ‘may be highly relevant’ SEC docs”

It has been a tense time for Coinbase. The crypto-exchange recently felt the regulatory squeeze when the United States SEC reportedly threatened to sue if Coinbase launched its high-interest crypto product – Lend. These developments, however, haven’t stopped the exchange from highlighting its efforts towards compliance. A recently-released Twitter thread is a case in point.Continue reading “Bitcoin, Ether, or XRP – The crypto of choice for terror funding is…”

The U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has made investor protection his motto. But according to advocate John Deaton, around 20,000 crypto investors disagree. Former marine and current crypto lawyer John Deaton filed a writ of mandamus – an order for a government body to carry out its duty – after the SECContinue reading “Why the cryptocurrency industry just needs ‘right type of regulations’”

In recent weeks, the U.S. Securities and Exchange Commission [SEC] has brought several crypto companies into the regulatory spotlight. Coinbase was warned about its high-interest crypto-product Lend, with the SEC threatening to sue if it launched. Unsiwap also felt the heat as it was reportedly investigated. Meanwhile, the SEC vs Ripple lawsuit saw the court denyingContinue reading “SEC chief Gensler now eyeing crypto staking and ‘poker chip’ stablecoins”

On one side of the world, the Evergrande crisis has given birth to tremors that may have yet more impact on the international crypto-sector. On the other side, El Salvador’s Bukele has gleefully announced that his country is “buying the dip.” Needless to say, the crypto-landscape today feels action-packed. However, CoinShares’ Digital Asset Fund FlowsContinue reading “Between Evergrande and El Salvador, Bitcoin sees $15M in inflows”

The decentralized blockchain ecosystem comes with a catch: the risk of losing one’s coins in diverse ways. And these are no small numbers. A 2020 report by Chainalysis showed that about 3.7 million BTC which hadn’t changed addresses in five or more years was considered “lost.” This number was more than the roughly two million BTCContinue reading “Why Bitcoin watchers need to pay attention to lost coins”

The tussle between Bitcoin maximalists and everyone else, traditionally those in favor of the market’s altcoins, has been long drawn out. While many of the former believe Bitcoin is the one and only true crypto that has a future, most of the latter believe that alts can do what BTC cannot. Needless to say, thisContinue reading “What is this ‘small,’ but ‘loud’ Bitcoin subculture some call ‘toxic’”

Indian traders and exchanges might be bullish about the crypto market, but the Indian  government doesn’t seem keen on rushing into the scene. At least, not until studying its homegrown fintech industry and the anti-Bitcoin protests in El Salvador. Tracking global news Indian finance minister Nirmala Sitharaman in a recent interview with Hindustan Times explainedContinue reading “Indian government cautious about crypto-adoption, CBDC is a possibility”

During a recent surprise ‘Ask Me Anything’ session, Cardano founder Charles Hoskinson tackled everything from personal insults and questions about Communism to doubts about Cardano after the Alonzo hard fork. One of the questions directed at Hoskinson was with respect to how he feels about unethical projects on the Cardano blockchain. Are they just somethingContinue reading “Here’s what Cardano’s founder feels about ‘unethical’ projects on the blockchain”

While El Salvador might dominate the news cycle for some time, it’s vital that entrepreneurs and experts pay attention to the exploding crypto scene across Latin America. The recent Blockchain LatAm Report 2021 by Sherlock Communications revealed fascinating insights about crypto adoption and resistance in a number of booming economies. The king coin reigns Diversifying investmentContinue reading “Report reveals ‘diversifying investment’ to be top reason for choosing crypto for Latin Americans”

Cryptocurrency and blockchain technology hold the potential to change the healthcare system as we know it today. Centralized systems and regulated payment methods could soon co-exist with decentralized options. This development has already started to unfold in both New York and Israel. Todos Medical Ltd., a commercial in vitro diagnostics company, announced it was accepting cryptocurrency paymentsContinue reading “Medical company to accept crypto payments including Bitcoin, Ethereum, Dogecoin”

A hatred for remittance fees unites every level of society. Even El Salvador’s President Nayib Bukele took a dig at Western Union and other intermediaries in the run-up to the country’s Bitcoin adoption day. The Central American country’s GDP was $26.9 billion in 2019, and the remittances that year were around $6 billion. Bukele claimed thatContinue reading “Which crypto-remittance service is most likely to dominate the Latin American market”