Ripple Launches Stablecoin RLUSD to Challenge 90% Dominance of USDT, USDC
Ripple launches RLUSD, a USD-backed stablecoin targeting the 90% market dominated by Tether and USDC. RLUSD is fully secured by...
Regulation
Updates on global cryptocurrency laws, policies, and compliance. Stay informed about government actions affecting Bitcoin and DeFi.
Truflation Unveils Real-Time AI Index to Capture Market Movements
Truflation has released a new index for the AI market, providing price data and performance of companies driving the generative...
$1.1 Billion Bitcoin Options Expiry Points at BTC Price Volatility Ahead
A total of 18,271 Bitcoin options contracts will expire, with a put-to-call ratio of 0.90 and a maximum pain point...
Taiwan’s FSC Implements Strict AML Rules for Crypto Firms by 2025
Taiwan’s FSC mandates all cryptocurrency VASPs to register by September 2025 under new AML rules. Non-compliance with the FSC’s regulations...
21.co and Crypto.com Announce Strategic Partnership to Enhance Liquidity for 21.co’s Wrapped Tokens
21.co collaborates with Crypto.com to source Bitcoin liquidity for its Wrapped Bitcoin 21BTC. Both companies aim to make cryptocurrencies more...
Crypto Funds See $147 Million Outflows in First Week of October, What’s Next?
Bitcoin and altcoins started October on a bearish note stronger-than-expected US jobs data reducing the likelihood of a 50 bps...
Praxis Secures $525M in Funding to Build Crypto-Powered Network City
Praxis has raised $525 million to build its Network City for entrepreneurs, technologists, and forward-thinkers who want to shape the...
SEC Exposes Market Manipulation Scheme Involving Gotbit, What Does It Mean for Crypto Market?
Gotbit profited by executing wash trades to create a false sense of market activity and mislead investors. Panic among retail...
Binance Founder Changpeng Zhao Reportedly Grows Wealth by $25M per Day behind Bars
Forbes estimates CZ's net worth at $61 billion by late September 2024, reflecting a $3 billion increase since July. Bloomberg...
Bloomberg Analyst Eric Balchunas Under Fire for ‘Misinformation’ about Ethereum’s Security and Decentralization
Analyst's claims that the US could shut down Ethereum via Amazon Web Services sparks outrage. Ethereum developers focused on decentralization...
