Nynu V Jamal
Ripple Swell: RLUSD Stablecoin Launch and NYDFS Crypto Focus
Ripple Swell, Ripple’s annual conference, kicked off on October 15 in Miami with the strategic announcement of the platform’s exchange partners for its stablecoin, RLUSD. In an X post today,...
Philippine Ex-Mayor Embroiled in AAX Crypto Exchange Scandal
Alice Guo, a former Philippine mayor, is facing allegations of involvement with the defunct Atom Asset Exchange (AAX) and other potentially illicit activities. A report from Rappler connects Guo’s business...
FinCEN Investigates TD Bank for Suspicious Crypto Trading
The Financial Crimes Enforcement Network (FinCEN) is investigating Toronto-Dominion Bank (TD Bank), the sixth-largest bank in North America, for potential involvement in suspicious cryptocurrency trading activities. The investigation revealed TD...
BlackRock’s Fink: Bitcoin is an Asset Class, Like Gold
Larry Fink, CEO of BlackRock, the world’s largest asset manager, has affirmed Bitcoin’s status as a legitimate investment option, likening it to gold. During the Q3 2024 earnings call on...
Vitalik Buterin Praises Arbitrum’s Tech and Adoption, Reaffirms L2 Dominance
Ethereum founder Vitalik Buterin has acknowledged Offchain Labs’ technical skills and Arbitrum’s achievements. Buterin’s endorsement came after Offchain Labs co-founder Steven Goldfeder stated that the decentralized designs of Ethereum and...
Ripple CEO Slams SEC for Ignoring XRP Court Ruling
Ripple CEO Brad Garlinghouse has again voiced his opposition to the Securities and Exchange Commission’s (SEC) regulatory approach. Reacting to the SEC’s latest appeal in the XRP lawsuit, Garlinghouse criticized...
Trump Memecoins Thrive Ahead of Election, Defying Market Trends
Trump-linked Political Finance (PoliFi) tokens are bucking the crypto market’s low volatility. Trump’s memecoins are surging, fueled by his increasing chances of winning the US election. MAGA, MAGA HAT, and...
Cumberland vs. SEC: Crypto Market Maker Fights Back Against Lawsuit
Chicago-based crypto market maker Cumberland, the latest target of the SEC, is pushing back against the regulator’s allegations. The SEC sued Cumberland on Thursday for allegedly operating as an unregistered...
“Orange” Analogy Adds Zest to Ripple’s Appeal Against SEC
In a recent CryptoLaw interview, crypto enthusiast James Murphy, known as MetaLawMan, shed light on the SEC’s appeal in the Ripple case. His insightful comparison of oranges and XRP, in...
Crypto-Backed PACs Fuel Record Spending in Ohio Senate Race
Crypto-backed spending in Ohio’s Senate race has hit unprecedented levels, making it the highest in the 2024 U.S. election cycle. With Election Day fast approaching, ad spending on both Democrat...
Japan’s FSA Simplifies Crypto Rules for Non-Custodial Wallets
Japan’s Financial Services Agency (FSA) has said that non-custodial wallet services using authentication technology are not crypto asset trading businesses. This decision, made through the “gray area elimination system,” aims...
XRP ETFs: Canary Capital and Bitwise Apply for SEC Approval
Canary Capital and Bitwise, two prominent investment firms, have filed applications with the SEC to launch XRP ETFs. This move signals growing interest in XRP investments from both institutional and...
XRP Price Drops 20%, No Respite Despite Bitwise’s XRP ETF Filing
Despite Bitwise’s recent filing for an XRP ETF, XRP’s price has dropped nearly 20% since the end of last month. Market analysts at Kaiko suggest the chances of SEC approval...
China’s New Stimulus Package Could Boost Crypto Prices
China’s massive new stimulus package could be a major catalyst for the crypto market. With officials set to announce further details today, investors are watching closely to see how these...
PayPal Completes First Corporate Payment Using PYUSD Stablecoin
Financial technology company PayPal Holdings achieved a significant milestone in corporate payments, potentially driving mainstream crypto adoption. The platform executed its first business transaction using its stablecoin PayPal USD (PYUSD)...
UAE Makes Crypto VAT-Free, Strengthening Hub Ambitions
The United Arab Emirates (UAE) made crypto transactions and conversions VAT-free with amendments to its Value-Added Tax (VAT) regulations. This change, effective January 1, 2018, solidifies the UAE’s position as...
Tether CEO: We’re the Only Stablecoin That Onboarded the FBI
Paolo Ardoino addresses Tether’s significant growth and its connection with the US government. Tether CEO Paolo Ardoino claimed the company had a stronger relationship with the US government than any...
September Jobs Data Could Delay Fed Rate Cuts, Impacting Crypto Prices
In a report from the Wall Street Journal, Chief Economist Correspondent Nick Timiraos suggested that the September jobs report could heavily influence the Federal Reserve’s decision on interest rates. He...
Hancom Chairman Faces Crypto Fraud Probe in South Korea
Software company Hancom Group Chairman Kim Sang-cheol is under investigation for allegedly amassing illicit funds worth tens of billions of Korean won using Arowana (ARW) tokens. South Korean prosecutors are...
Ripple’s Cross-Appeal May Be Delayed as SEC Fails to File Form C
The SEC has failed to file a crucial form required for its appeal in the Ripple lawsuit, sparking confusion and criticism. Fox Business journalist Eleanor Terrett reported that Form C,...
Crypto Billionaires in South Korea: Young Investors Hold $739 Million
A study by the crypto exchanges Upbit and Bithumb shows the growing influence of cryptocurrencies among young South Koreans. More than 180 South Koreans in their 20s have crypto assets...
Coinbase Escalates SEC Battle, Demands CFTC Disclosures
In a new development in its ongoing legal battle with the SEC, Coinbase has filed a motion requesting the Commodities Futures Trading Commission (CFTC) to hand over communications with issuers...
Ripple Lawsuit: SEC Appeal Could Delay Decision Until 2026
The US Securities and Exchange Commission (SEC) has formally filed an appeal to Judge Analisa Torres’ final judgment in the Ripple lawsuit. Key figures in the crypto space have quickly...
Crypto Startups Survive Bear Market: 80% Still Active in 2024
Analysts from Lattice Fund found that over 80% of crypto startups that received funding in 2022 are still operating, despite market turmoil. The report, released on October 1st, highlighted the...
Bitwise Files for Ripple XRP ETF Ahead of US Election
Bitwise has planned to launch a Ripple XRP exchange-traded fund (ETF) with the Delaware’s Department of State’s Division of Corporations on Monday. This move comes ahead of the US election...
