Browsing: Crypto.News

A recent report reveals that the majority of jurisdictions worldwide have only partially complied with the Financial Action Task Force (FATF) recommendations for regulating virtual assets. Some progress has been achieved, but not enough, according to a report released on July 13. Further efforts are required to fully adhere to the FATF recommendations and establish

SATS (Ordinals), the native token of the Satoshi Network, has emerged as the top performer among the top 200 cryptocurrencies this week, with its value soaring by over 63% in the past seven days. The cryptocurrency — built on the Bitcoin blockchain — is currently priced at $0.000000198. It boasts a market capitalization of $415.8

Today marks one year since Judge Analisa Torres’ pivotal ruling that XRP is not a security. The decision reshaped the landscape for Ripple and the broader cryptocurrency sector. Reflecting on this landmark anniversary, Ripple’s chief legal officer Stuart Alderoty shared his insights on the ruling’s impact and broader implications for the industry: “It was a

Tether’s USDT stablecoin’s market share on centralized exchanges (CEXs) has decreased from 82% to 74% so far this year. This decline in dominance highlights the growing competition in the stablecoin market and the potential regulatory challenges facing Tether. EU regulations and new competitors Notwithstanding the drop in market share, Tether (USDT) remains the most widely

China and Kazakhstan have entered into a strategic partnership to collaborate on Central Bank Digital Currency (CBDC) research. The initiative focuses on enhancing knowledge sharing, expertise, and employee competencies through joint training and research projects. The People’s Bank of China (PBoC) and the National Bank of Kazakhstan (NBK) partnership comes as global interest in CBDCs

Spot Bitcoin (BTC) exchange-traded funds (ETFs) witnessed a significant surge on July 12, with inflows surpassing $310 million—the highest since June 5. BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) led the inflows, bringing in $120.03 million and $115.14 million respectively, as per information from SoSoValue. The Bitwise Bitcoin ETF

Abra, the digital assets and wealth management platform, purchased Tron (TRX) and Zilliqa (ZIL) among other private crypto trusts from Valkyrie Investments. Bloomberg reported on Friday that Abra acquired the private trusts just before its settlement with 25 U.S. state regulators over charges of operating without required licenses. Abra Capital Management LP, a US Securities