In its lawsuit accusing the blockchain company of violating U.S. securities law, the U.S. Securities and Exchange Commission (SEC) has filed a court document in New York, revealing its decision to withdraw allegations against two Ripple Labs executives. Continue Reading
The estimated $5 billion figure stems from three significant seizures associated with the Bitfinex hack and Silk Road, suggesting that the real holdings might be considerably larger.Continue Reading
Amid a busy Monday, cryptocurrency news outlet Cointelegraph reported that the U.S. Securities and Exchange Commission (SEC) had supposedly approved of BlackRock's Ishares spot Bitcoin exchange-traded fund (ETF). Continue Reading
The Reserve Bank of Australia (RBA) has indicated its readiness to investigate the potential adoption of a central bank digital currency (CBDC) as a prospective alternative to traditional money. In the event of implementation, a CBDC would take the form of a digital token issued by the RBA, signifying ownership stakes in its reserves.Continue Reading
The majority of Australian cryptocurrency exchanges have welcomed the recent Treasury proposal to incorporate crypto exchanges within the existing financial services licensing framework. However, there are concerns among some that this move might confine the crypto industry within a traditional financial services mould.Continue Reading
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