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 […]

The US Comptroller of the Currency rolls out a proposal that aims to end discriminatory measures against those companies and institutions which are dealing with cryptocurrency. Since the start of 2020, crypto-related businesses have faced many legal difficulties that are put forward by the US-based regulators. In order to contain such practices against crypto businesses, […]

According to a leaked document, cryptocurrency exchange Binance launched its subsidiary in the United States to distract the US regulatory authorities. As per the Forbes’ leaked document, Binance rolled out a subsidiary, Binance.US, in 2018 in order to evade US regulations. The report claims Binance employed a “bait and switch” strategy in order to avoid […]

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 […]