GameStop Halts Crypto Wallet Service Citing ‘Regulatory Uncertainty’
GameStop, a US-based video game seller, decided to stop operating its cryptocurrency wallet in the coming months. GameStop, a retailer of video games with headquarters in the US, decided to stop operating its cryptocurrency wallet in response to the increasing barrage of regulatory actions taken by US regulators against cryptocurrency businesses. The business cited regulatory […]
XRPL Transaction Scanner Launches New Developer Portal
XRPScan, a key element of the larger XRPL protocol, has released a new developer portal to encourage widespread use. With the release of its updated developer portal, the XRPSCAN API platform, the XRP Ledger (XRPL) transaction scanner, a cutting-edge tool that enables real-time monitoring and analysis of XRP on the ledger, has significantly improved. The […]
Coinbase CEO Says SEC Wanted All Assets Except Bitcoin Delisted
The regulator reportedly wanted Coinbase to cease trading all cryptocurrencies except Bitcoin before its legal action against the exchange. The exchange was instructed to stop all cryptocurrency trading activities other than Bitcoin (BTC) by the US Securities and Exchange Commission (SEC). Brian Armstrong, the CEO of the San Francisco-based cryptocurrency exchange Coinbase, is quoted in […]
SEC Issues Warning Over Misleading Crypto ‘Audits’
The SEC warned accounting firms working as crypto “auditors” could be censured or suspended if they’re linked to misleading marketing. The Securities and Exchange Commission (SEC) has issued a warning regarding a concerning development where accounting firms are partnering with cryptocurrency trading platforms that have a history of scandals and financial catastrophes inside the cryptocurrency […]
EU’s MiCA Rules Could Prohibit MEV Activities on Ethereum
MiCA law enforcement causes concern as MEV-involved organizations on Ethereum and other smart contract platforms may face a business ban in the EU. The adoption of MiCA by the European Parliament on April 20, 2023, is an important turning point because it is the first legislation that governs the issuance and delivery of services related […]