A major United States-based cryptocurrency exchange has halted all XRP trading on its platform in the wake of the Securities and Exchange Commission’s ongoing lawsuit against Ripple Labs. The PayBito exchange, which processed $1.1 billion worth of trades in 24 hours leading up to the time of publication, will suspend all XRP trading pairs, as announced on Feb.18. Four XRP trading […]

Lawmakers in Russia’s Duma are drawing up legislation that could pave the way for the taxation of digital currencies, according to reports. As per an official announcement from Russia’s state parliament, the Committee on State Building and Legislation has given the green light to the bill, which will introduce a raft of amendments to the country’s tax code. State news […]

Grayscale, the world’s largest cryptocurrency asset manager crossed $40 billion in digital assets under management (AUM) after Bitcoin and Ethereum registered all-time highs. The crypto asset manager purchased 38 Bitcoin in the last 24 hours as the total value of Grayscale’s Bitcoin holding jumped above $34 billion for the first time. The firm has a total of 654,000 BTC under […]

A digital euro has been one of the most anticipated sovereign digital currencies alongside China’s digital yuan. However, as one executive of Europe’s apex bank observes, it could lead to commercial banks disintermediation. He proposed a €3,000 threshold for users to hold, beyond which they would incur a penalty, such as negative interest rates. Fabio Panetta, an executive board member […]

New York State Attorney General Letitia James has sued crypto investment platform Coinseed Inc for allegedly defrauding thousands of investors out of more than $1 million.  According to the Attorney General, Coinseed and its CEO Delgerdalai Davaasambu and former CFO Sukhbat Lkhagvadorj, traded unlawfully, defrauding investors between 2017 and May 2018: “Rather than selling stock, Coinseed sold digital tokens to […]

The international Pionex cryptocurrency exchange has been one of the fastest growing trading platforms in Asia in 2020 and it is now set to capture even more of the global market in 2021. What makes Pionex so popular is the trustworthy team of professionals behind it and the top notch automated trading tools that it offers for free to all […]

Video game developer Capcom is the latest pop culture brand to enter the crypto collectibles space, launching a series of Street Fighter II-inspired NFTs on the WAX blockchain on Feb. 18.  The digital trading cards feature renderings of characters from the ever-popular arcade game, first released 30 years ago in 1991. Digital packs containing 10 and 60 Street Fighter II […]