Libra an ‘Important Catalytic Event,’ Says Swedish Central Bank Chief

The head of Sweden’s Riksbank has characterized Libra as “an incredibly important catalytic event” that is spurring central banks to ready themselves for digital transformation. The head of Sweden’s Riksbank has characterized Facebook’s Libra project as “an incredibly important catalytic event” that is spurring the world’s central banks to ready themselves for digital transformation. In […]

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How Severe Is Roche Freedman’s Lawsuit Against Tether and Bitfinex?

Litigation firms files lawsuit against Tether and Bitfinex, as legal experts debate whether the companies manipulated the value of USDT. At the start of October, New York-based legal firm Roche Freedman filed a new class-action lawsuit against stablecoin firm Tether and digital currency exchange Bitfinex. The case accuses the aforementioned entities of manipulating the market […]

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Binance Becomes Tron’s Top ‘Super Representative’, Adds TRX Staking Support

Major cryptocurrency exchange Binance has become the highest-ranked “Super Representative” in the Tron ecosystem. Major cryptocurrency exchange Binance has become the highest-ranked “Super Representative” (SR) in the Tron (TRX) ecosystem. According to Tronscan’s data on Sept. 30, Binance acquired over 12 billion votes for the top-spot ranking. Blockchain community Sesameseed.org is now the second-largest SR, […]

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Is XRP a Security? We May Never Know

A class action lawsuit against Ripple Labs Inc. alleging that XRP is an unregistered security faces another setback. The discourse surrounding the securities laws and the treatment of digital assets continues to draw debate among market participants, regulators and legal practitioners. One of the most high-profile targets in this ongoing debate is XRP, a digital […]

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How Crypto Gambling Is Regulated Around the World

Countries around the world take varying approaches to the crypto gambling and betting, with Japan perhaps having the most defined stance. The Japanese House of Representatives recently passed new crypto asset regulation affecting exchanges and custodians — the Payment Services Act and the Financial Instruments and Exchange Act. However, the country’s crypto gambling industry still […]

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