Thailand launches regulatory sandbox to test crypto services
Thailand has been moving toward a more crypto-friendly stance throughout 2024, approving a Bitcoin ETF, initiating tax breaks for crypto and more.
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‘XRP is not a security. Period’ — Crypto lawyers on Ripple’s case amid SEC appeal
Lawyer Oscar Franklin Tan believes that if the appeal is allowed, whoever wins will build momentum in the main case. 276 Total views 24 Total shares As the United States Securities and Exchange Commission (SEC) seeks an interlocutory appeal in its case against Ripple Labs, lawyers working in the crypto space expressed confidence in Ripple’s…
Alibaba Filmmaking Arm to Distribute New Movie Rights via Tokens: Report
Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film "Striding into the Wind,” Chinese English-language publication China.org.cn reports on Nov. 22.The company has purportedly signed an agreement with New York-based decentralized entertainment platform Breaker, formerly known as SingularDTV, to distribute the film overseas using its blockchain platform.Li Jie,…
Bitcoin traders bet on $24K BTC price as market digests SEC vs. Binance
Bitcoin (BTC) circled $25,800 on June 6 as the aftermath of fresh panic over largest exchange Binance lingered.BTC/USD 1-day candle chart on Bitstamp. Source: TradingViewBTC price risks losing multi-month rangeData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it steadied after dropping to near three-month lows.The weakness came as part of a knee-jerk market…
Institutional investors dominated the DeFi scene in Q2: Chainalysis report
Big-money players accounted for the majority of transactions in the decentralized finance crypto market in Q2 2021. The DeFi market appears to no longer be the domain of retail actors alone as the institutional investment footprint in the crypto market segment continues to attain more significant levels.According to blockchain intelligence firm Chainalysis, institutional investors played…
SEC has taken ‘too expansive’ a view of crypto, says former commissioner
Former SEC commissioner Troy Paredes was not the first to criticize the U.S. financial regulator’s lack of clarity on digital assets.
Kraken launches derivatives trading in Bermuda with BMA license
The crypto exchange is expanding its offerings in Bermuda as the US SEC goes after it on its home turf.
Binance Research: Facebook’s Libra Could Spark Additional Cryptocurrency Volume
Binance Research, the research arm of major cryptocurrency exchange Binance, claims that Facebook’s Libra stablecoin could spark additional cryptocurrency volume in a post published on its blog on June 18.In the announcement concerning the release of the full report, Binance Research claims:“Libra could spark additional cryptocurrency volume due to increased accessibility from both institutional players…
Opportunities for Blockchain-Based Technologies in African Healthcare
One of the linchpins of the internet is the ability to access and share data seamlessly. Whether it’s financial metrics for an institution or something as innocuous as a meme, the internet’s distinct pathways of protocols and standardization are the ideal medium for exchanging information.That transmissibility of information has not translated well to specific industries,…