According to an official statement today, the Bank of Japan (BoJ) has launched a proof-of-concept (PoC) for its central bank digital currency (CBDC). The country’s apex bank stated that the launch is in line with its initial preparation to “test ...
Coinbase, Inc.—America’s biggest cryptocurrency exchange—has announced plans to go public by a Direct Public Offering (DPO) on April 14 after its SEC S-1 Form was validated by the U.S. Securities and Exchange Commission. The American cryptocurrency exchange platform revealed this ...
After several months of criticism and backlashes from the SEC and a number of crypto exchanges, San Francisco-based fintech firm Ripple strives to gain back a foothold in the crypto space. Ripple is on a big move to expand its ...
Global payments network Visa Inc. has announced that it will allow its clients to use the dollar-pegged and Ethereum-based USD Coin (USDC) stablecoin to settle transactions on its network. The transactions will be settled over the world’s second-largest blockchain ecosystem, ...
Crypto and Bitcoin fans in India are breathing a sigh of relief following a clarification by the Ministry of Finance with regard to crypto possessions. Nirmala Sitharaman, India’s minister of finance, said that the government is working on a clear ...
DeFi might have to move over for CryptoPunk NFTs, at least until these computer-generated avatars —worth millions of dollars–settle in. In just a week, NFTs has fetched its creators over $70 million in profit. An alien dressed in sunglasses, a ...
Ripple and MoneyGram have finally ended their partnership after months of uncertainties following Ripple’s troubles with the law. In a statement announcing the decision, Ripple fondly reminisced on the huge strides that the two companies have taken together since they ...
Ripple and the SEC have slim chances of striking a deal to settle their dispute out of court. That’s according to a letter addressed by both to a Federal Judge in New York. Back in late December 2020, the SEC ...
It’s a good day for KuCoin and its users who may soon be smiling their way to the bank, thanks to the recently recovered $222 million from hackers who made away with a staggering $285 million from the Cryptocurrency exchange ...
Amid its current legal saga with the SEC, Ripple has been slammed with yet another class-action lawsuit. This, by an independent investor named Tyler Toomey who is a resident based in Florida. The accuser alleges that Ripple violated the State’s ...