This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Trump Says The US Cannot Be ‘Second Place’ In Crypto
“All things relating to this new and developing business” are something that former US President Donald Trump says he is “extremely open-minded” about. According to the former US president, the US would not be satisfied with anything less than the top spot in the crypto business…[continue reading]
2) Ethereum Gains Support From Bitcoin Evangelist Saylor
Michael Saylor, co-founder of MicroStrategy, recently made an interview on the podcast “What Bitcoin Did,” where he expressed optimism over Ethereum exchange-traded funds and predicted that they would speed up institutional adoption…[continue reading]
3) The Ripple CTO Has Provided A Critical Explanation Regarding Tokenization
There has been a lot of talk about tokenization, but few people have a firm grasp on what it entails. Using real estate as an example, the Ripple CTO explained the tokenization idea in a 60-second video for Ripple Labs’ new X series…[continue reading]
4) China’s Digital Asset Ban Is Overlooked Despite A Recent Rise In Money Laundering Cases
Even though digital assets are illegal in China, recent searches by the authorities have uncovered large-scale unlawful transactions utilizing these assets. In spite of China’s digital asset prohibition, Bloomberg reports that recent police searches in China aimed at illegal foreign currency operations have shown the continued usage of cryptocurrencies…[continue reading]
5) BitGo’s Lawsuit Against Galaxy Digital Is Permitted To Proceed By The Court
The BitGo case against Galaxy Digital may now proceed after the Delaware Supreme Court overturned a previous verdict. In regards to their canceled $1.2 billion merger deal, BitGo reportedly gets a fresh chance to sue Galaxy Digital, according CoinDesk…[continue reading]
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