In a landmark decision today, a U.S. judge ruled against the Securities and Exchange Commission (SEC) in its ongoing case against Ripple Labs, the company behind the XRP cryptocurrency. The ruling is a significant victory for Ripple Labs, which has been battling the SEC's allegations that it conducted an unregistered securities offering worth $1.3 billion.
Posts for tag cryptocurrency
The world's largest cryptocurrency exchange, Binance, is currently under investigation by French authorities regarding its anti-money laundering (AML) procedures. This development comes shortly after the company's unsuccessful attempt to obtain a license from the Dutch central bank, resulting in its departure from the Netherlands.
If you've seen the latest news, you'll most likely have read about the debt ceiling for the U.S. government. In simple terms, it means the government needs to raise the amount of debt it can have on-hand in order to keep functioning.
There is a chart showing the U.S. Federal deficit and how much debt the U.S. Federal government has accrued over time. In 1980, the number was about $1.2 trillion. Today, in 2023, the number is about $32 trillion. This is unsustainable and something will take its place.
With the news earlier today that Coinbase was sent a Wells notice and is under investigation by the SEC, it has me wondering, what can the SEC do to cryptocurrency and could it derail it has a potential financial option?
In a shocking news announcement, Coinbase appears to be under a Wells notice from the SEC, which means the SEC is going to take Coinbase before a court over what it is doing with cryptocurrency.
In a bold prediction, the former CTO of Coinbase, Balaji S. Srinvasan, has predicted that the cryptocurrency, Bitcoin, will reach $1 million in 90 days, because of bank failures and the collapse of currency. Is he right?
The recent bank failures in 2023 have sparked concerns about the stability and reliability of the traditional financial system. In light of these events, many have turned to cryptocurrencies as a potential alternative to conventional banking. This article will explore the concept of cryptocurrencies, their potential to replace traditional banks, and the challenges they face in achieving widespread adoption.
What will Bitcoin and Ethereum be worth in 2030? Will they still be used? Let's take a look.
According to the BBC, a digital pound is likely this decade.
Cryptocurrency has become one of the most talked-about financial topics of the past decade. It has been hailed as the future of money and a revolutionary new way of making payments. But what does the future of cryptocurrency really look like? Let's dive in!