Bitstamp Becomes the First Largest Crypto Exchange to Halt XRP’s Trading

After news of a lawsuit against Ripple broke out, some crypto trading platforms at a small level decided to stop offering services for XRP. But today, Bitstamp has become the first major cryptocurrency exchange to stop trading of the fourth-biggest cryptocurrency. Only for US Customers According to Bitstamp’s announcement, the exchange will halt trading services […]

Libra Association Rebrands to Diem Association to Avoid Regulatory Uncertainty

Amid legal battle with the US authorities, the Libra Association has now rebranded itself into Diem Association. The name may wipe out the doubts and misconceptions about the Facebook-led crypto project. Derived from Latin Word It was last year when the social giant Facebook decided to launch its crypto project known as Libra. But after […]

New Amendment Law: Crypto Companies will Share Information of Transfers Above $250

The United States is introducing new financial laws which are also applicable to digital currencies. To curb money laundering, the US regulators have proposed an amendment in the Bank Secrecy Act, which make it a requirement to collect details about transactions, which are above $250. The US regulators also include digital currencies in the upcoming […]

CFTC Charges BitMEX’s Owners for Running Unregulated Bitcoin Exchange

The Commodity Futures Trading Commission has charged leading crypto derivatives exchange BitMEX for running an unregulated exchange and violation of CFTC’s policies. Civil Enforcement Action against BitMEX CFTC has filed a civil enforcement action in the US District of New York against five entities and three owners of BitMEX. “Among those charged are company owners […]

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