Last week, the US Security and Exchange Commission (SEC) has filed a lawsuit against Ripple that, XRP is not a crypto asset and falls under the category of security. This has created a huge impact on Ripple’s stand in the market. The price of the world’s third-largest…
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Offline mapping app Maps.me, which boasts 140 million users, has raised $50 million to build a DeFi ecosystem inside the map app. The post Offline mapping app Maps.me raises $50m led by Alameda Research to enter DeFi appeared first on The Block.
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Middle East Venture Partners was the lead investor, with other participants, including Coinbase, Vision Ventures, and DIFC Fintech Fund. Rain Financial raised a total of $6 million but did not disclose the final valuation. Coinbase Makes it Rain Rain is the first licensed cryptocurrency platform in the…
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The financial watchdog even said that ambitious central banks developing digital currencies might come up against their own laws.
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It’s been just reported that Kraken is also getting ready to ditch support for XRP. As you probably know by... The post Kraken Gets Ready To Drop Support For XRP Trading For US Residents first appeared on CryptoGazette - Cryptocurrency News.
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Ecuadoran presidential candidate Giovanny Andrade shared his plans to create a national cryptocurrency for the Latin American country based on the gold standard. Giovanny Andrade is the president of the Ecuadorian-Chilean Chamber of Mining and has been a supporter of the dollarization of the Ecuadorian economy started…
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This month’s decentralized exchange (DEX) volumes are set to break September 2020’s record highs. According to data compiled by The Block, current DEX volumes for January 2021 are $26.01 billion with 15 days remaining for the month. In September, DEX volumes reached $26.6 billion fueled by DeFi…
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While many nations are moving to develop digital currencies, the International Monetary Fund (IMF) reports that only a number of countries are legally allowed to do so. In a recent blog post, the IMF reports that according to various surveys, an increasing number of central banks are…
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The San Francisco-based cryptocurrency exchange Kraken is joining dozens of companies that are dropping support for XRP. The exchange cites the SEC’s lawsuit against Ripple, which accuses the company of illegally selling XRP as an unregistered security, as the reason behind its decision to stop all trading…
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The U.S. financial authority, the SEC, has sued Ripple over the XRP sales. After the securities lawsuit, many popular cryptocurrency exchanges removed XRP from their platform or suspended XRP trading.The Uphold exchange opposed the decision, saying it would wait for the outcome of the case. Now Gatehub has…
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