Cryptocurriencies

The most recent ruling comes one week after the US regulator urged the court to withdraw the amicus curiae status given to XRP holders.The US Securities and Exchange Commission (SEC) and the San Francisco-based blockchain corporation…
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A Singapore-based payment solution provider will use On-Demand Liquidity (ODL), a cross-border payment product powered by XRP.According to a recent news release from Ripple, FOMO Pay will employ ODL to optimise its international…
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Prosecutors investigating the demise of Terra (LUNA) requested that the Ministry of Justice issued a "notice upon arrival" for Terraform Labs CEO Do Kwon and a travel ban for Terra cofounder Shin Hyun-seong.According to a July 27…
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Real Vision's chief executive officer, Raoul Pal, believes that crypto has "likely bottomed" and that the global money supply is the most significant macro effect on crypto.In a new video, Pal forecasts that economic growth will soon…
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Senators Patrick Toomey and Kyrsten Sinema have joined forces to promote a measure that would exclude cryptocurrency transactions up to $50 from capital gains taxes.Similar provisions have been proposed in two other measures pending in…
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Sam Bankman-Fried, the creator of the cryptocurrency exchange FTX, intends to buy the South Korean-based crypto exchange Bithumb.CNBC reported on July 26 that the transaction was confirmed by Vidente, the owner of Bithumb, who…
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The global stablecoin supply decreased by 18.8 percent at the end of the second quarter of 2022. Equities markets and risk assets encountered unstable times owing to increasing inflation and other macro issues.Stablecoins are digital…
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According to a statement made on Monday, the blockchain corporation Ripple has partnered with one of Singapore's biggest payment institutions, FOMO Pay.FOMO Pay will be able to enhance its treasury payments by utilising Ripple's…
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Accounting regulations require the corporation to incur impairment costs for any decline in Bitcoin's value, regardless of its duration.During the first half of 2022, Elon Musk's automaker Tesla took a $170 million impairment charge…
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China claims it would protect the privacy of digital yuan users while preventing money laundering.Mu Changchun, director-general of the Digital Currency Research Institute of the People's Bank of China (PBoC), has reaffirmed the…
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