US court rules in favor of XRP in Ripple Labs case against SEC, with caveats
Judge Analisa Torres ruled on Thursday that Ripple Labs’ programmatic sales of the XRP cryptocurrency did not qualify as the offer and sale of investment contracts.
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USDC issuer Circle trims workforce
Stablecoin issuer Circle has reduced its workforce and investment in non-core activities.
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South Korea mandates new accounting rules for domestic crypto sector
South Korea’s FSC is requiring companies that issue or own cryptocurrencies to provide detailed crypto disclosures from 2024.
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Global crypto industry worth US$180 billion, says K33 Research report
The global cryptocurrency industry is valued at US$180 billion, with over 10,000 companies employing a total of 190,000 employees, according to a July 5 report from crypto intelligence firm K33 Research. See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast facts See related article: South Korea, Singapore, Thailand clarify crypto…
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Despite the regulatory darkness in America, crypto’s dawn is nigh: Opinion
Crypto’s current turmoil in the US stands in stark contrast to other jurisdictions that are paving paths to for the industry to shine, writes Sean O’Connor.
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Bitcoin stays above US$30,000; ETF optimism dampens; further rate hikes expected
Bitcoin dipped on Monday morning in Asia but held above the US$30,000 support level. Ether edged lower along with most other top 10 non-stablecoin tokens.
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Tokenization makes the world a better place, and Asia is paving the way: Opinion
Hong Kong, Japan, Singapore and Thailand have regulations supporting the growth of tokenization, showing the world the benefits of fractionalizing assets.
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Global shifts in crypto capital are underway. Here’s where the money is going
Digital assets funds have been flowing in waves all over the world since crypto’s inception, writes Amy Yu, CEO of SEBA Bank. Where is crypto capital going now?
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Hong Kong launches task force to promote blockchain initiatives, developments
Hong Kong’s local government on Friday set up the Task Force on Promoting Web3 Development to promote the benefits of blockchain to real-world industries.
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U.K. bill to regulate crypto assets passes into law, offering ‘rocket boost’ for economy
A U.K. bill to recognize cryptocurrency trading as a regulated financial activity passed into law on Thursday.