Dubai embraces XRP: A new chapter in financial innovation
In a significant move for cryptocurrency adoption, the Dubai Financial Services Authority (DFSA) has recognized Ripple’s XRP as a viable digital asset for use within...
Category : Blockchain
The Bankman-Fried verdict: Reflecting on the crypto climate
In the wake of the landmark verdict against Sam Bankman-Fried, the founder of FTX, the cryptocurrency community has been enveloped in a whirlwind of reaction...
FTX founder Sam Bankman-Fried found guilty on fraud charges
Sam Bankman-Fried, the founder of FTX, has been found guilty by a federal jury on charges related to the collapse of the cryptocurrency exchange. The...
Kraken to submit customer data to IRS, tightening regulatory oversight
Kraken, one of the world’s largest cryptocurrency exchanges, has begun informing its users that it will start providing their trading data to the Internal Revenue...
Tether steps up transparency, commits to real-time reserve disclosures
In a significant shift toward transparency, Tether, the company behind the world’s most prominent stablecoin USDT, has announced it will start providing real-time disclosures of...
Harnessing digital speedways: Ferrari integrates cryptocurrency payments
Embracing a transformative financial shift, Ferrari, the epitome of Italian luxury sports cars, boldly integrates cryptocurrency payments into its fiscal repertoire in the United States....
Binance and Royal Thai Police unite to dismantle crypto scam and recover over $270 million
Binance, the world’s leading cryptocurrency exchange, recently assisted the Royal Thai Police to dismantle an extensive criminal network, leading to the recovery of over $270...
MetaMask bridges the crypto-fiat gap with new cash-out feature
In a defining move, MetaMask, the renowned Ethereum-based crypto wallet, has rolled out a feature allowing users to seamlessly convert their cryptocurrency into fiat currency...
Grayscale gains momentum: court decision paves way for first spot bitcoin ETF
A significant legal milestone has been achieved that could soon lead to the debut of the first spot Bitcoin ETF. Grayscale, a leading cryptocurrency asset...
PayPal introduces PYUSD, its own US dollar-backed stablecoin
In a bold move into the burgeoning world of digital assets, global payment giant PayPal has announced the launch of PYUSD, its own U.S. dollar-backed...