Regulation
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Solana’s (SOL) Fall from Grace – Project Analysis
Recently, the cryptocurrency environment has been receiving criticism from different corners since the collapse of FTX; similarly, Solana has experienced a similar downfall. However, due to the uncertainty, doubt, and fear instilled in investors’ minds, it is clear to say that Solana is yet to receive a bombshell. SOL dropped by 51.14% since the collapse…
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The Parliament of India Discusses Crypto Regulations & Exchange Investigations
The Indian government has been in constant progress in regulating cryptocurrency. That follows the alarming rate of acceptance by the citizens. But on the other hand, regulation of these assets demands international cooperation to improve their efficiency and effectiveness. Because crypto assets are decentralized, this requires global assistance to avoid illegitimate investment. The enforcement agency,…
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Minnesota Representative Says SEC Chair Must Appear Before Congress to Address Its Concerns
On Sunday, Minnesota Representative Tom Emmer called out Securities and Exchange Commission(SEC) Chair Gary Gensler, demanding that he addresses Congress about his approach to regulating crypto. Emmer believes SEC’s failure to gather information needed from crypto firms will continue to cause disasters like the recent FTX exchange collapse. Emmer claims that the SEC has not…
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SBF Denies He Attempted to Make USDT & UST Lose Their Pegs to the Dollar
Former FTX CEO Sam Bankman-Fried has ignored several allegations since stepping down from his position. However, he came out on Friday to deny claims that he targeted Tether and Terra stablecoins. On his Twitter account, Bankman-Fried acknowledged making many mistakes this year, but he says this allegation was not one of them. The Bankman-Fried statement…
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FTC Could Slow Down Microsoft’s Metaverse Ambitions Following Activision Lawsuit
On November 8th, 2022, the Federal Trade Commission(FTC) filed a lawsuit to block Microsoft from buying Activision Blizzard, developers behind Overwatch franchises, and Call of Duty. FTC claims that if the deal succeeded, it would give Microsoft an unfair advantage over its rivals in the industry, thus creating a monopoly. Director of the FTC’s Bureau…
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Ripple (XRP) Price Forecast – Should You Buy the Dip as Bears Struggle?
While writing these lines, XRP consolidated beyond $0.375 & $0.380 against the USD. The cross-border transactions coin trades near $0.388 and the 4-hr 100 SMA. XRP/USD 4hr chart shows a contracting triangle developing with support at $0.382. Clearing the resistance region at $0.400 might welcome a massive increase. Ripple consolidates beyond the support zone of…
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Exchange Nexo to Quit US, Citing Regulatory Barriers
Nexo is among the leading cryptocurrency lending platforms within the digital finance sector. Meanwhile, a Tuesday report from news outlets such as Reuters revealed plans to suspend its United States services after regulators fumbled in debates meant to ensure a clear road for blockchain businesses. The 2018-found Swiss cryptocurrency lender expressed disappointment following participation in…
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Canadian Government Will Host Meeting On Crypto Regulation
Canadian government expressed concern as the negotiations got underway about the possible dangers that electronic possessions posed to the finance regulation of the country. The new predictions state that discussions between the Canadian national authorities and central banks on crypto, stable coins, and CBDCs will soon begin. The annual budget will be used in conjunction…
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Claim Justice – Get Your Money Back From Forex Scams
Forex trading is very popular and very effective. Especially in the current scenario it is good to send some investment in forex trading because inflation crisis has just begun. However, there are people who are looting and plundering public money by defaming the business of forex trading. These people are widely recognized as scammers and…
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Regulators Dent Crypto Markets – Bitcoin and Other Cryptos Tumble
Cryptocurrency markets tumbled early on Friday as financial watchdogs in the UK and US took steps to curb the increasing inflation concerns early on the week. Bitcoin declined as global tech stocks plummet, losing around$1,000 during today’s Asian hours. The Bank of England dented market sentiment after opting to end the asset-buy program on Thursday.…
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