Crypto

In a major stride towards fortifying cybersecurity measures in the digital domain, the U.S. Securities and Exchange Commission (SEC) has unveiled a comprehensive set of regulations. These groundbreaking rules now mandate that all publicly listed companies, including those in the crypto assets sphere, promptly disclose any significant cybersecurity incidents they encounter. The move comes as cyber […]

The US House Financial Services Committee has made progress in regulating stablecoins. The “Clarity for Payments Stablecoin” bill has been thoroughly debated and reviewed, and stablecoins currently hold a 10% stake in the conversation. Following an extensive 13-hour markup session, the bill made significant progress, becoming the second primary crypto legislation to be approved by the Committee […]

A significant deve­lopment has taken place in the­ crypto industry as the United State­s House Financial Services Committe­e has approved two pivotal regulatory bills. The­se bills provide much-nee­ded clarity and guidelines for crypto firms ope­rating within the country. The House­ Financial Services Committee­ has approved the Financial Innovation and Technology for the­ 21st Century Act. […]

A US-based IT company, JumpCloud, was compromised by a North Korean hacking group that used it as a springboard to attack crypto businesses. According to a Reuters report on July 20, JumpCloud, located in Louisville, Colorado, admitted in a blog post that the hackers breached its systems in late June. The intruders then zeroed in […]

The US Se­curities and Exchange Commission (SEC) potentially appe­aling the court ruling in favor of Ripple and its XRP holders has sparke­d discussions within the crypto community. Pro-XRP lawyer John Deaton, John Deaton, provided a detaile­d explanation of the implications and complexitie­s surrounding the enforceme­nt of the summary judgment. This ruling specifically de­clared that XRP […]

After a recent win in its battle with the SEC, Ripple aims to get approval from regulators in the UK and the Republic of Ireland. Ripple applied for registration as a crypto asset firm with the UK’s Financial Conduct Authority. Sendi Young, the firm’s European Managing Director, revealed the latest submission to DL News. Moreover, […]

A new court ruling regarding XRP has urged the demand for clear rules in the ever-changing crypto world. US Senator Cynthia Lummis, a passionate advocate of BTC and blockchain technology, has called crypto for framework following Judge Analisa Torres’ decision. Torres ruled that Ripple’s XRP Token should not be deemed a security when sold on […]

Canadian law enforcement has warned the public about the ongoing trend of home invasion-style thefts targeting major crypto investors. On Wednesday, Richmond Royal Canadian Mounted Police and Delta Police released a statement together. They said robbers in these cases knew a lot about their victims’ large investments in cryptocurrency. The police department has confirmed an […]

The UK government said “no” to the lawmaker’s idea of regulating crypto like gambling. Instead, it believes its existing proposals are better suited to handle risks, including those arising from the FTX collapse.  House of Commons Treasury Committee raised concern that the government’s plans to treat crypto like traditional finance were not strict enough. However, […]