Binance Upgrades Shiba Inu (SHIB) Listing as Whales Move Trillions
Shiba Inu (SHIB), one of the most popular meme-based cryptocurrencies, has achieved a new milestone on Binance, the world’s largest crypto exchange by trading volume. On April 18, Binance announced that it would move SHIB, along with three other tokens – Frax Share (FXS), Trust Wallet Token (TWT), and 1inch (1INCH) – out of the […]
Dogecoin Nears $0.1 as Crypto Market Surges: What’s Behind the DOGE Rally?
Dogecoin (DOGE), the meme-inspired cryptocurrency featuring a Shiba Inu dog as its mascot, has surged past $0.09 and is now approaching the key level of $0.1. Dogecoin was created in 2013 as a joke based on the popular “doge” internet meme. However, it has gained a loyal community of supporters who use it for tipping, […]
SEC considers FTT to be a security
FTT, the native token of the now-defunct cryptocurrency exchange FTX, has been categorized as a security by the U.S. SEC in a recent complaint. The SEC said in a complaint filed late Wednesday that FTX’s exchange token FTT was promoted as an investment contract and thus is a “security.” According to the regulatory watchdog, FTT […]
Stablecoin framework is near-term priority for Australian regulators
As stablecoin become widely used as a means of payment, Australia is preparing to regulate them accordingly. Payment stablecoin could be incorporated into the framework for regulating stored-value facilities, according to Australian financial regulators who are “working on options”. Such inclusion would be a component of more extensive changes to the nation’s regulatory structure for […]
Bank of Russia wants to ban miners from selling crypto to Russians
The Russian central bank supports the idea of legalizing the crypto mining business, but only if miners sell their coins to non-residents of Russia. The Russian central bank continues to take a very unfavorable stance toward cryptocurrencies and has suggested that local miners be prohibited from selling coins to locals. A draft bill that was […]