Ripple is confident in its legal position as SEC leadership faces criticism for enforcement-heavy policies, with a pro-crypto regulatory shift on the horizon. Ripple: Confident and Thriving as a New Era of Crypto Regulation Dawns Ripple executives have taken aim at U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, criticizing his regulatory approach and […]
Kenyans HODL On: Crypto Use Soars Despite Central Bank Warnings, Study Finds
A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for investment and as a hedge against inflation. Kenya Seeks IMF Assistance According to a study by a Kenyan Technical Working Group, Kenyan residents continue to trade cryptocurrencies despite repeated warnings from the central […]
Chainalysis: Stablecoins Emerge as the Cornerstone of Illicit Crypto Activity in 2024
Illicit cryptocurrency activity reached significant levels in 2024, with $ 40.9 billion directed to wallets linked to criminal activities, according to the latest report from Chainalysis. As blockchain systems continue to mature, malicious actors are adopting increasingly sophisticated techniques and refining their operations into organized ventures. Chainalysis Report Highlights Increasing Professionalization of Crypto Crime …
Insiders Claim SEC May Ease Crypto Enforcement Under Trump Administration
The U.S. Securities and Exchange Commission (SEC) under President-elect Donald Trump appears poised for a strategic shift in its treatment of cryptocurrency regulations, according to insights shared with Reuters by three unnamed individuals briefed on the matter. Report Says Pro-Crypto Agenda Will Drive SEC’s New Regulatory Approach Reuters reports that Republican commissioners Hester Peirce and […]
XRP Inches Closer to Overtaking Ethereum—A New Crypto King in the Making?
On Wednesday, XRP climbed to an intraday peak of $ 2.895 and, as of press time, is trading at $ 2.87 per unit, reflecting an increase of nearly 12% over the past 24 hours. The crypto asset is steadily narrowing the gap with ethereum (ETH), now accounting for 42.6% of ether’s market capitalization. …