Bank of America emphasizes the need for a comprehensive regulatory framework amid uncertainty caused by the recent court ruling in favor of Ripple Labs. Key Points Bank of America (BAC) has released a research report emphasizing the need for a comprehensive regulatory framework to promote the mainstream adoption of digital assets and accommodate increased institutional…
In the legal battle between Coinbase and the SEC, Judge Failla issues a scheduling order with important submission deadlines, bringing clarity to the process. Key Points In the ongoing legal battle between Coinbase Global Inc, a well-known cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC), Judge Failla has taken a decisive step by…
The Institute of Digital Fashion releases AI Barbie, a collection celebrating London’s LGBTQI+ community and promoting inclusivity in fashion through six digital dolls inspired by queer nights out. Key Points Step into the world of AI Barbie, a groundbreaking release by the Institute of Digital Fashion that celebrates London’s vibrant LGBTQI+ community. The Institute’s mission…
U.S. House Republicans introduce the “Financial Innovation and Technology for the 21st Century Act” bill to regulate the crypto sector, raising concerns about its impact on DeFi platforms. Key Points U.S. House Republicans have introduced a new bill aimed at regulating the crypto sector and protecting investors. The “Financial Innovation and Technology for the 21st…
Congress urges the SEC to create clear regulations for the cryptocurrency industry following the XRP lawsuit, raising questions about the future direction of crypto regulation. Key Points In the world of XRP, there is a new buzz surrounding the calls from Congress for the U.S. Securities and Exchange Commission (SEC) to create comprehensive and efficient…
Attorney Bill Morgan counters Max Keiser’s criticism of XRP, citing its regulatory clarity after Ripple’s victory against the SEC, indicating a promising future for the token. Key Points In the ongoing Ripple vs. SEC lawsuit, there has been no shortage of opinions and criticisms from both sides. One notable critic of XRP is Max Keiser,…
Indosuez Wealth Management introduces Le Clu3, an NFT loyalty program targeting tech-savvy clients in private banking. Key Points Indosuez Wealth Management, a division of Crédit Agricole, has launched Le Clu3, an NFT loyalty program for its exclusive clientele in the world of private banking. Developed by SiaXperience and METAV.RS, Le Clu3 targets tech-savvy clients in…
The Ripple vs SEC lawsuit nears its final ruling, generating anticipation for regulatory clarity and the broader impact on the crypto industry. Key Points The Ripple Vs SEC lawsuit is nearing its final phase, and the anticipation for the final ruling is high within the cryptocurrency industry. This case holds significant importance as it is…
Circle CEO suggests China should consider using CNY-backed stablecoins to promote the internationalization of its currency, emphasizing their potential effectiveness over CBDCs. Key Points In a recent interview with the South China Morning Post, Jeremy Allaire, CEO of Circle, suggested that the Chinese government should consider allowing Chinese Yuan (CNY)-backed stablecoins as a means to…
ZachXBT’s investigation into the Boneheads NFT rug pull leads to legal action in Canada over the scam worth $3.1 million. Key Points Crypto detective ZachXBT’s investigation into the infamous Boneheads NFT rug pull has made waves in the Canadian legal system. The lawsuit, which centers around the project’s scam of over $3.1 million, relies heavily…
