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The United States Securities and Exchange Commission (US SEC), an autonomous agency that protects cryptocurrency investors and the national banking and financial system, is going to file a court case against Ripple Inc.

Trading of cryptocurrencies, also referred to as decentralized exchange is on the rise amongst the crypto asset activist who engages in decentralized finance. Decentralized Exchange (DEX), involves the exchange of cryptocurrency in a decentralized model thus allowing crypto assets activists to trade amongst themselves.

The Political Affairs Committee of South Korea’s National Assembly has informed the Financial Services Commission (FSC) on numerous attempts of hackers to break into the country’s financial institutions. Cryptocurrency exchanges became the main target.

While the US Securities and Exchange Commission is known for its cautious stance on cryptocurrencies, it seems things have been changing. The watchdog’s Chairman claimed that they are open to Decentralized innovations.

The International Association for Trusted Blockchain Applications (INATBA) is concerned about the latest Markets in Crypto-assets (MiCA) regulations imposed by the European Commission. The new framework might overburden the industry and therefore slow down its growth.

The European Commission (EC) approved on Thursday September 24, a digital finance package, including a retail payments plan, digital finance strategy and legislative proposals on cryptocurrency and digital resilience, for a booming European Union (EU) financial sector that gives customers access to state-of-the-art financial goods and services.

Fake news related to cryptocurrency, Coronavirus pandemic, and other fields that spread through social media like Facebook, Google, Twitter etc., are becoming a problem. That is why the European Commission urged the giants to strengthen measures against misinformation.

Despite Bitcoin offering unprecedented decentralization and security, its network has one significant flow, namely, the transaction speed. A single transaction processing can take up to 10 minutes. But why is this happening?

The traditional method of moving money abroad has always been associated with high transfer and money conversion rates, unnecessary delays, annoying paperwork and bureaucracy, but the rise of cryptocurrency as a competing instrument seems to provide many easy alternatives.