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Russian Lawmakers Approve Cryptocurrency Use in International Trade

Russian Lawmakers Approve Cryptocurrency Use in International Trade

Russia Greenlights Cryptocurrency for International Trade Moscow, Russia – In a significant shift, Russia has officially approved the use of cryptocurrencies for international trade. This move, seen as a strategic response to the economic challenges

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SEC Pursues $102M Penalty from Ripple in XRP Case

SEC Pursues $102M Penalty from Ripple in XRP Case

The U.S. Securities and Exchange Commission (SEC) is now seeking a $102.6 million penalty from Ripple in the ongoing XRP case, marking a significant reduction from the initially demanded $2 billion. Ripple's proposed penalty of

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South African Tax Authorities Scrutinize Crypto Traders Amid Compliance Uncertainty

South African Tax Authorities Scrutinize Crypto Traders Amid Compliance Uncertainty

South African crypto traders have reportedly started receiving notices from the South African Revenue Service (SARS) indicating that their tax affairs are under review. The revenue collector is gathering information from various crypto-asset exchanges to

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National Australia Bank Abandons ETH-Based Stablecoin for Ubiquity Project: A Sign of Fintech Agility

National Australia Bank Abandons ETH-Based Stablecoin for Ubiquity Project: A Sign of Fintech Agility

The National Australia Bank recently announced the discontinuation of its Ethereum-based stablecoin initiative, shifting its development team's focus to the Ubiquity stablecoin project. This move underscores the agility and innovation potential of startups compared to

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