Ripple CEO Brad Garlinghouse recently discussed the SEC’s lawsuit against Ripple and also talked about the possibility of the company settling with the SEC. Ripple’s general counsel Stuart Alderoty also commented on the issue, and the two pointed to some critical problems regarding the SEC’s allegations that Ripple’s sales of XRP are an unregistered securities offering.
Cryptocurrency derivatives were prohibited in the UK starting from January 6. The Financial Conduct Authority (FCA) first announced the news in October, following extensive discussions around the issue. The ban prohibits companies from offering crypto derivatives, including options, futures, and other similar instruments to customers in the United Kingdom.
The gambling industry faces unique challenges other industries usually aren’t subject to resolving. During 2020, online casino operators took on unprecedented hurdles they never expected or were prepared to tackle. One of the things that makes the online gambling sector so impressive is its ability to adjust and adapt without substantially faltering. Tech advances spun online casinos upside down by continually releasing gaming and software updates that enhanced players’ experiences. For example, mobile casino gaming platforms raged in popularity and value through the improvement of mobile devices.
Now that both the United States Senate and the House of Representatives are in control of the Democratic Party, Democrats will find it a lot easier to implement their economic and monetary policies
As usual, several projects are deploying important mainnet upgrades and launching new features this week. Our this week’s selection consists of three coins that we think will benefit from the increased attention. Will this be enough to end what it appears to be a significantly bearish week in the green?
Find out which countries have launched their digital currencies, what this means for Bitcoin and cryptocurrency and how this could affect future markets.
Crypto.com has announced a partnership with Booking.com to deliver travel deals to all Crypto.com users, available exclusively inside the Crypto.com App. Crypto.com users who make Booking.com reservations in the App can now enjoy up to 25% off accommodations. As an added bonus, users who pay using their Crypto.com Visa Card can get up to 8% back on spending along with great travel perks, including free and unlimited LoungeKey™ airport lounge access, free ATM withdrawals worldwide, and no foreign transaction fees.
According to an announcement by the Kraken cryptocurrency exchange on Wednesday, customers have staked over $1 billion worth of cryptocurrency via its platform. A spokesperson from the exchange revealed that Ethereum represents around one-third of the staked assets. Tezos and Polkadot are among the other significant cryptocurrencies popular among Kraken customers who are using the exchange’s staking services. Kraken also supports other coins for staking, including Kava and Cosmos.
Top esports team Dignitas has announced a partnership with fintech company Zytara to provide digital banking products and services to gamers and esports enthusiasts. At the core of this partnership, Zytara will leverage the DigitalBits blockchain to power the use of stablecoins and other digital assets across the esports and gaming industry.