USDT To The Moon? Tether Inches Closer To $100 Billion Market Cap Tether, the leading stablecoin, is on the verge of reaching a $100 billion market cap, signifying its dominance in the crypto market. Tether’s stability and financial performance have made it a preferred choice for investors, but regulatory scrutiny and potential dependence on the … Read more
Jupiter Asset Management was forced to divest its XRP Exchange Traded Product (ETP) investment of $2.5 million due to regulatory discrepancies in the European Union regarding cryptocurrency investments. Ireland’s firm stance against incorporating crypto assets into funds mandated the reversal of this investment. This incident highlights the need for a harmonized regulatory approach within the … Read more
There is speculation in the market that XRP may receive approval for an exchange-traded fund (ETF) similar to Bitcoin’s recent approval, but regulatory hurdles and the ongoing SEC case against Ripple make an XRP ETF unlikely in the near future. A job advertisement by Ripple for a Senior Manager in business Development suggests potential involvement … Read more
DJ 3LAU causes a stir after opting out of Friend.tech over regulatory risks DJ and crypto investor 3LAU has withdrawn from decentralized social media platform Friend.tech due to concerns over regulatory risks. He specifically pointed out the automated market maker (AMM) feature of the platform as a potential regulatory grey area. 3LAU stated that he … Read more
