Cryptocurrency
On 17 February 2022, the Department of Justice named Eun Young Choi as the first director of a National Cryptocurrency Enforcement Team to help identify and deal with misuse of cryptocurrencies and other digital assets.< https://portlandfrenchschool.org/ /p>
On 11 November 2022, FTX Trading Ltd., a cryptocurrency exchange, which also operated a crypto hedge fund, and had been valued at $18 billion, filed for bankruptcy. The financial impact of the collapse extended beyond the immediate FTX customer base, as reported, while, at a Reuters conference, financial industry executives said that “regulators must step in to protect crypto investors.” Technology analyst Avivah Litan commented on the cryptocurrency ecosystem that “everything…needs to improve dramatically in terms of user experience, controls, safety, customer service.”
In January 2024 the SEC approved 11 exchange traded funds to invest in Bitcoin. There were already a number of Bitcoin ETFs available in other countries, but this change allowed them to be available to retail investors in the United States. This opens the way for a much wider range of investors to be able to add some exposure to cryptocurrency in their portfolios.
Related Links Are you ready to learn more? Visit our glossary and crypto learning center. Are you interested in the scope of crypto assets? Investigate our list of cryptocurrency categories. Are you interested in knowing which the hottest dex pairs are currently?
Best cryptocurrency
Launched in March 2020, Solana is a newer cryptocurrency and it touts its speed at completing transactions and the overall robustness of its “web-scale” platform. The issuance of the currency, called SOL, is capped at 480 million coins.
The native LHUNT token is the platform’s primary exchange medium. Token holders can participate in various casino games for passive income and stake the coins to get lucrative APY. Besides, renting, owning, and leasing casino tables for diverse revenue streams makes it easier for LHUNT investors. It integrates virtual reality technology into its gaming ecosystem to create a Mixed Reality platform, the first of a kind in blockchain-powered online gambling.
XRP is decentralized and uses the Ripple protocol to prioritize speed and minimize costs. It is an older cryptocurrency that was first released in 2012. XRP is said to be a fast and secure way to send digital payments.
Launched in March 2020, Solana is a newer cryptocurrency and it touts its speed at completing transactions and the overall robustness of its “web-scale” platform. The issuance of the currency, called SOL, is capped at 480 million coins.
The native LHUNT token is the platform’s primary exchange medium. Token holders can participate in various casino games for passive income and stake the coins to get lucrative APY. Besides, renting, owning, and leasing casino tables for diverse revenue streams makes it easier for LHUNT investors. It integrates virtual reality technology into its gaming ecosystem to create a Mixed Reality platform, the first of a kind in blockchain-powered online gambling.
China cryptocurrency
Finance Magnates is a global B2B provider of multi-asset trading news, research and events with special focus on electronic trading, banking, and investing. Copyright © 2024 “Finance Magnates CY Ltd.” All rights reserved.For more information, read our Terms, Cookies and Privacy Notice Manage Cookies
Chinese traders have access to a variety of crypto exchanges, each with unique features tailored to different trading needs. Understanding the differences between these platforms can help you choose the best one for your trading style and objectives.
In the contract dispute between Zhongya Smart Digital Technology (Shenzhen) Co., Ltd. and Changsha Shengda Industrial Co., Ltd., the court stated that the validity of the “Points Settlement Agreement” involved in the case was invalid due to violation of mandatory legal provisions.
Arthur Hayes, a cofounder of bitcoin and crypto derivatives pioneer BitMex who went on to set up the Maelstrom investment fund, has predicted a China “bazooka” combined with the Fed easing will create a “glorious” bitcoin and crypto bull market going into 2025.
Leave a comment