Cardano Founder Charles Hoskinson Name USDC As Early CBDC
Charles Hoskinson’s recognition of USD Coin (USDC) as an early Central Bank Digital Currency (CBDC) shows stablecoins’ growing importance in cryptocurrency. Charles Hoskinson, the founder of Cardano, recently garnered interest in USD Coin (USDC) by designating it as an early Central Bank Digital Currency (CBDC). However, this description illuminates the increasing importance of stablecoins such […]
Ripple Challenges $2B SEC Fine, Argues for $10M Maximum Penalty
Ripple, a cross-border payment protocol, disputed the SEC’s $2 billion fine request, advocating for a maximum penalty of $10 million. They argue the fine is excessive. Protocol for cross-border payments Ripple challenged the request of the United States Securities and Exchange Commission (SEC) to sanction the blockchain company $2 billion, arguing that the maximum penalty […]
Binance Faces Class-action Lawsuit in Canada
Plaintiffs have filed a new class-action lawsuit against cryptocurrency exchange Binance in Canada, alleging that the company has violated local securities laws. On April 19, the Superior Court of Justice of Ontario issued a certification motion concerning a class-action lawsuit targeting Binance. The lawsuit charges Binance engaged in the unregistered sale of crypto derivative products […]
Revolt App’s Integration of BONK Token Excites EU Users
Revolt App has made a significant move by incorporating the BONK token into its trading platform, thereby expanding its crypto repertoire. This advancement provides trading prospects for individuals who are citizens of the European Union and other eligible nations; they can now conduct BONK token transactions effortlessly through the application’s interface. In addition, a Learn […]
Thailand Moves to Block Crypto Websites to Combat Online Crime
Thai authorities have decided to block unauthorized cryptocurrency platforms to enhance law enforcement efforts against online crime. In order to block access to the platforms, Thailand’s Securities and Exchange Commission (SEC) was instructed to provide the Ministry of Digital Economy and Society with information regarding unlicensed digital asset service providers after a meeting of the […]