The ebb and flow of crypto regulations have been a fixture since the very beginning of the DeFi ecosystem. From the most liberal to the most stringent, every country and its regulators have constantly grappled with streamlining the market. In the United Kingdom, this dialogue has taken a pivotal turn, with the latest guidelines introduced […]
Ripple gets formal approval for Singapore payments license
Ripple says it received a license to operate as a major payments institution from Singapore’s central bank allowing it to continue operations in the country after receiving in-principle approval in June. In an Oct. 4 blog post, the company said its local entity, Ripple Markets APAC Pte Ltd, was granted the full license by the […]
Ripple gets formal approval for Singapore payments license
Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore.
Ripple Obtained Full License in Singapore!
The post Ripple Obtained Full License in Singapore! appeared first on Coinpedia Fintech News Ripple has secured a full license to provide digital payment token services in Singapore from the Monetary Authority of Singapore (MAS), four months after obtaining in-principle approval of its Major Payments Institution (MPI) license application. The company’s Singapore subsidiary, Ripple Markets […]
Ripple vs. SEC: Another Win For Ripple As Judge Torres DENIED SEC’s Motion to File an Interlocutory Appeal.
The post Ripple vs. SEC: Another Win For Ripple As Judge Torres DENIED SEC’s Motion to File an Interlocutory Appeal. appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) experienced a setback in its legal battle against Ripple, a prominent digital payment protocol and cryptocurrency (XRP). The SEC’s motion to appeal […]
CFTC Chair Calls for Crypto Regulation, Directly Opposing SEC Chair’s Stance “Rules of the Road are Clear”
Appearing as a keynote speaker on Monday, the Chair of the US Commodity Futures and Trading Commission (CFTC) doubled down on his stance that current cryptocurrency regulation is unsatisfactory. Rostin Benham was clear in his belief that the crypto market requires a transparent, regulatory framework that benefits both lawmakers and innovators within the nation. His […]
Polygon Surges 11%, Why is MATIC Outperforming the Market?
In what’s been a fairly solid week for the cryptocurrency top dogs, one token is performing head and shoulders above the rest. Polygon’s native coin, MATIC, has enjoyed gains of 11% over the past seven days of trading – beating out all competitors in the top 20 by market cap except Solana. It appears the […]
Bitcoin Coming to Osmosis, Can Cosmos Become the DeFi Ecosystem for the Largest Crypto?
Bitcoin’s status as the oldest, most prestigious cryptocurrency comes with a slate of advantages. But its age also has drawbacks – particularly, BTC’s lack of compatibility with decentralised networks. Yesterday, the Cosmos blockchain took steps toward eliminating this issue by announcing the protocol has teamed up with blockchain bridge Nomic. Nomic will allow users to […]
Huge Win for XRP As Judge Tosses Out SEC Motion for Interlocutory Appeal
In breaking news, the Judge presiding over the case of the United States Securities and Exchange Commission (SEC) against Ripple has just released a much-anticipated ruling. Late Tuesday local time, District Judge Analisa Torres denied the SEC request for certification of interlocutory appeal, stating, “The SEC’s motion for certification of interlocutory appeal is DENIED, and […]
Two Breaches Contribute to Majority of Q3 Crypto Losses
Web3 bug bounty platform Immunefi has revealed that two specific projects were responsible for the majority of the $662,850,580 in losses from crypto exploits in the third quarter of 2023. “Most of that sum was lost to two specific projects: Mixin Network, a transactional network for digital assets, and Multichain, a cross-chain router protocol,” the […]