Demand made to halt trading in cryptocurrencies (excluding BTC)
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March 21, 2024
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Coinbase, the largest US-based crypto exchange, is facing a legal battle with the US Securities and Exchange Commission (SEC) over the trading of cryptocurrencies. According to a recent report by the Financial Times, the SEC demanded that Coinbase suspend the trading of all cryptocurrencies except for Bitcoin. The SEC’s request came as a result of Coinbase’s failure to register as …
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Supreme Court Urges Action on Cryptocurrency Regulations in India
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March 21, 2024
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Supreme Court of India Pushes for Crypto Regulations in the Country Major countries across the globe are taking active steps to implement crypto regulations and govern cryptocurrencies. Notably, the European Union and the United Arab Emirates have made significant progress in developing regulatory frameworks for cryptocurrencies. Now, India is following suit and demonstrating a proactive approach to regulating digital currencies. …
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Crypto Regulation Collaboration between Wall Street Banks and Senator Warren
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March 21, 2024
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Wall Street Banks Join Senator Elizabeth Warren in Push for Cryptocurrency Regulation In an unexpected turn of events, Wall Street banks and Senator Elizabeth Warren have found common ground in their belief that the cryptocurrency industry needs to be regulated more effectively. The Bank Policy Institute (BPI), a trade group representing lenders that have often been scrutinized by Senator Warren, …
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Unlocking Metaverse Fashion Brilliance with Your Passport
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March 21, 2024
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DRESSX and Tiago PZK have teamed up to revolutionize the world of digital fashion. In an exciting collaboration, they are offering fans a unique opportunity to wear Tiago’s favorite accessories and outfits from his hit single ‘Asqueroso’ in the metaverse. This partnership aims to redefine the boundaries of music and fashion by immersing fans in Tiago’s signature style. The Asqueroso …
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Agreement between John Deaton and Mark Cuban: SEC appeal doesn’t guarantee victory in Ripple case.
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March 21, 2024
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SEC May File for Appeal in XRP Lawsuit, Experts Analyze ‘Common Enterprise’ Factor The U.S. Securities and Exchange Commission (SEC) is reportedly considering filing for an appeal against the XRP lawsuit Summary Judgment, according to recent court statements. Experts are now debating the challenging nature of proving the “Common Enterprise” factor for the SEC, especially since the judge excluded the …
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NFT Debit Cards: Revolutionizing Finance
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March 21, 2024
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Animoca Brands, an investment firm that specializes in NFT and Web3 projects, has announced a partnership with Hi, a neobanking app that offers cryptocurrency exchange services, digital banking, and personalized NFT debit cards. This collaboration aims to enhance the utility of Web3 tokens and NFTs within the Hi ecosystem. One of the key features of Hi’s service is its global …
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Ripple’s Ongoing Conversations with Central Banks Remain Largely Unaffected by XRP Lawsuit by SEC
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March 21, 2024
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Ripple’s Legal Battle With the SEC Has Minimal Impact on Central Bank Engagements, Says VP James Wallis In a surprising turn of events, Ripple’s extensive legal battle with the U.S. Securities and Exchange Commission (SEC) has had little effect on the company’s discussions with central banks. According to James Wallis, the vice president of central bank engagements at Ripple, the …
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‘The Sandbox’ Welcomes the British Museum into the Metaverse as It Expands
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March 21, 2024
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The British Museum has announced a new partnership with The Sandbox to explore the world of non-fungible tokens (NFTs) and the metaverse. This collaboration aims to showcase the museum’s vast collections and offer new experiences to users in the virtual realm. The British Museum has joined forces with French startup LaCollection, their licensing partner, to create a range of NFT …
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BOJ’s Yield Control Fails to Shake Bitcoin’s Steady Hold Above $29K
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March 21, 2024
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Bitcoin (BTC) remained steady above the $29,000 mark on Friday as investors closely monitored the Bank of Japan’s (BOJ) latest developments. The BOJ’s decision to maintain low-interest rates while making a slight adjustment to its yield curve control (YCC) program led to an increase in Japanese and U.S. government bond yields. The BOJ chose to keep the short-term interest rate …
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A Guide on How to Utilize Binance NFT’s Bixel AI Tool
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March 21, 2024
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Binance Launches AI NFT Feature “Bixel” Allowing Users to Generate and Mint NFTs Binance, one of the leading cryptocurrency exchanges, has officially launched its new AI NFT feature called Bixel. This feature allows users to generate and mint up to ten NFTs per day. Bixel is a game-changer in the world of digital artworks and NFTs, as it enables users …
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