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SEC Charges App Developer Abra for Unregistered Security-Based Swaps

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

Abra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.

Coinbase CEO Criticizes Chase UK’s Crypto Transaction Ban

Coinbase CEO Criticizes Chase UK’s Crypto Transaction Ban

Coinbase CEO, Brian Armstrong, condemns Chase UK's restrictive stance on cryptocurrency transactions, urging UK crypto holders to close their Chase accounts. This move by Chase UK could potentially impede Coinbase's expansion plans in the UK and Europe.

Indian Banks Seeking Clarity from NPCI on the Use of UPI for Crypto Transactions

Indian Banks Seeking Clarity from NPCI on the Use of UPI for Crypto Transactions

NPCI’s formal directive on the use of UPI payment method for crypto transactions is unlikely to come soon.

NFT Secondary Sales Surpass $15b amid Monthly Volume Constantly Topping $1b

NFT Secondary Sales Surpass $15b amid Monthly Volume Constantly Topping $1b

The non-fungible tokens (NFTs) sector continues to take the world by storm based on the massive growth experienced.

ANZ Bank Pushes Customers Towards Digital, Faces Criticism

ANZ Bank Pushes Customers Towards Digital, Faces Criticism

ANZ Bank is facing criticism as it discontinues withdrawals and deposits from a number of Australian branches to encourage customers to use digital transactions. Critics suggest this could impact older customers and increase vulnerability to technical issues. This decision highlights the gradual shift towards a cashless society in Australia, with cash payments falling from 59% in 2007 to 27% in 2019.

New London Upgrade Could Help Ethereum Hit $3,000, Crypto Expert Says

New London Upgrade Could Help Ethereum Hit $3,000, Crypto Expert Says

Ethereum is likely to increase its value based on the speculation and hype surrounding the London upgrade event.

The US Treasury Department Imposes Sanction on Suex Crypto Exchange, Accused of Facilitating Ransomware Transactions

The US Treasury Department Imposes Sanction on Suex Crypto Exchange, Accused of Facilitating Ransomware Transactions

The US Treasury Department said in a statement that Suex cryptocurrency exchange has been aiding ransomware actors to attack businesses and government entities.

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024

According to Juniper Research, blockchain-enabled B2B cross-border payments will be more than $4.4 trillion by 2024. This will be a substantial rise from the current $171 billion.

The Reserve Bank of India is Expanding CBDC While Dismissing Privately Issued Stablecoins

The Reserve Bank of India is Expanding CBDC While Dismissing Privately Issued Stablecoins

The Reserve Bank of India (RBI) is planning to increase the number of Central Bank Digital Currency (CBDC) transactions to one million per day by the end of 2023, according to Deputy Governor T Rabi Sankar.

New Money Theory: Understanding the Fundamental Internal and External Factors of Money

New Money Theory: Understanding the Fundamental Internal and External Factors of Money

Money has always had a fundamental influence on the development of the world and society's values. Money is a major incentive for our economic society. Everybody knows the importance of money, but how money is created and achieves its value still remains a mystery for most people.

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.

Bitcoin Transaction Fees Altering its Ecosystem

Bitcoin Transaction Fees Altering its Ecosystem

Bitcoin (BTC) transaction fees entail the amount charged for your proceedings to be handled by a miner and approved by the Bitcoin network.

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