Florida Appeals Court Overturns Ban on Binance, Allowing Operations to Resume

by Александр Пирогов | May 23, 2024 | Blog News

A state appeals court ruled Wednesday that Florida regulators acted improperly when they blocked Binance from operating in the state. The decision effectively allows Binance to resume its operations in Florida. In a unanimous decision on May 22, the First District...

Hong Kong Privacy Commissioner Rules Against Worldcoin for Privacy Violations

by Александр Пирогов | May 23, 2024 | Blog News

The Hong Kong Privacy Commissioner’s Office (PCPD) announced Wednesday that the cryptocurrency project Worldcoin has violated the city’s Personal Data (Privacy) Ordinance (PDPO). The ruling comes after an investigation into Worldcoin’s collection of...

Donald Trump’s 2024 Campaign to Accept Cryptocurrency Donations

by Александр Пирогов | May 22, 2024 | Blog News

Former United States President Donald Trump, currently facing criminal charges in four jurisdictions, has announced that his 2024 presidential campaign will accept cryptocurrency donations. In a May 21 notice, the Trump 2024 campaign launched a fundraising page...

SEC Moves Closer to Approving Spot Ethereum ETFs

by Александр Пирогов | May 22, 2024 | Blog News

The U.S. Securities and Exchange Commission (SEC) is advancing towards a decision on approving a spot Ethereum (ETH) exchange-traded fund (ETF). In response to regulatory feedback, the exchange associated with five potential spot Ethereum ETF issuers, Cboe, has...

Ripple Files Trademark for “RLUSD” Stablecoin, Stirring Community Reactions

by Александр Пирогов | May 22, 2024 | Blog News

Ripple has filed a new trademark for the phrase “RLUSD,” suggesting the likely listing symbol for its proposed dollar-based stablecoin. The application was lodged with Justia, a U.S. legal database, on May 7. Although Ripple has not made a formal announcement, the...

Hong Kong Monetary Authority Launches Digital Yuan Pilot Program

by Александр Пирогов | May 20, 2024 | Blog News

The Hong Kong Monetary Authority (HKMA) announced the launch of a digital yuan pilot program on Friday. The digital yuan, or e-CNY, is designed to facilitate retail transactions and cross-border payments within the city, offering Hong Kong residents a digital...