XRP Army Launches New Petition
Ripple’s legal battle against the United States Securities and Exchange Commission (SEC) has been actively engaged by the XRP army, which has submitted a new petition supporting the crypto payments company. The petition has collected thousands of signatures from various community members, highlighting the SEC’s detrimental enforcement actions with its new appeal. The XRP Army […]
Crypto Market Fears Crash as S. Korea FSC Probes Upbit
South Korea’s Financial Services Commission (FSC) is investigating the monopoly structure of the crypto market centered around Upbit, the world’s second-largest exchange In the most recent development on Thursday, the Financial Services Commission (FSC) of South Korea announced that it would investigate the monopoly structure of the country’s crypto market, which is concentrated around the […]
Thai SEC Proposes New Crypto Investment Rules for Funds
The Thai SEC has proposed new regulations to allow mutual and private funds to invest in digital assets, aiming to align with global trends and meet rising institutional interest. In an effort to align with international developments and address the increasing interest from institutional investors, the Thai Securities and Exchange Commission (SEC) has proposed new […]
IOSCO: Retail Investors Boost Crypto Purchases Despite Volatility
According to an IOSCO report, crypto ownership among retail investors has surged since 2020, with some jurisdictions reporting up to 30% ownership. The organization emphasizes the need for more investor education in response to this rapid growth. The Board of the International Organization of Securities Commissions (IOSCO) has called for increased investor education regarding cryptocurrency […]
FBI Creates ‘NexFundAI’ to Trap Crypto Scammers
The FBI created its cryptocurrency, “NexFundAI,” as part of an undercover operation to catch crypto market manipulators. An unsealed indictment charged 18 individuals and several firms with artificially inflating token prices through sham trades. An covert operation is common for the U.S. Federal Bureau of Investigation (FBI). Nevertheless, this would be the bureau’s inaugural attempt […]