The U.S House of Financial Services Committee has released a document that seems to be a draft of the stablecoin bill. The document suggests that the country is considering putting proper regulation…
Category: SEC
U.S. States Fines Robinhood $10.2M For Tech Failures And Investor Harm
Robinhood, the popular trading platform that has democratized investing for millions of people, has received a $10.2 million penalty from several U.S. states over technical failures and investor harm. This comes after…
XRP Rallies 10% to Five-Month High Following CFTC Reference of Bitcoin as Commodities
XRP defied the general bloodbath witnessed in the cryptocurrency market to surge 10% a day after the Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance. The reference of bitcoin (BTC),…
Stablecoin Meltdown Causes Market Valuation Of Tether To Surge Tremendously, Demand Is Coming Back
The latest market data revolving around stablecoins has started gaining a lot of market attention lately. However, the report specifically talks about Tether (USDT). Tether Market Grew in Demand The data shows…
Crypto Industry Threatened By New Government-Led Crackdown
Crypto Crackdown From time to time there is some regulatory regime or enforcement initiative for the crypto industry. Sometimes such regulations are in favor of the digital asset and others against it….
CME Announces Launch Of Bitcoin Futures, Asset Moves Past $24,000
CME, a major derivatives marketplace from America has made an announcement about the adoption of a new asset. They announced the adoption of Bitcoin but the full product they have introduced are…
Binance To Acquire Bankrupt Crypto Lending Platform Voyager Digital’s Assets
The $1.3 Billion Deal Earlier in 2022 Voyager Digital had filed bankruptcy since it was facing massive losses due to a crypto token, BitClout. It has now found a buyer in Binance,…