Ripple has shared several crypto predictions for 2024. The firm’s chief legal officer expects the U.S. Securities and Exchange Commission (SEC) to continue its crackdown on the crypto industry. In addition, he foresees U.S. Congress disagreeing on the best course of action for crypto regulation, “leaving U.S. crypto firms stuck while the rest of the […]
The Bank of Russia has offered an update on the future of the digital ruble pilot, the Russian central bank digital currency (CBDC). The bank’s press service clarified that the pilot will continue throughout 2024 and until the massification of the digital ruble usage, estimated to happen in 2025. Digital Ruble Pilot to Run Indefinitely […]
On Friday, December 8, 2023, ethereum’s trading concluded with a 4% rise, settling at $ 2,358. This jump was observed within a daily trading range from $ 2,245 to $ 2,385. Underlying this upward trajectory was ether’s market cap of $ 283 billion, accompanied by a strong 24-hour trading volume of …
The U.S. Securities and Exchange Commission is unlikely to issue clear guidelines on the application of the law against the crypto industry before its case against Ripple is finalized, an industry expert has said. The U.S. securities regulator only needs to provide “additional facts” to prove that secondary sales of crypto assets are illegal. Industry […]
According to David Hirsch, head of the U.S. Securities and Exchange Commission’s (SEC) Crypto Assets and Cyber Unit, more enforcement actions against firms that haven’t properly registered with the regulator are expected. Hirsch discussed crypto assets and exchanges Tuesday at an SEC forum in Chicago. SEC Crypto Head Forewarns Tougher Enforcement While the crypto community […]