Privacy coins have been a quite controversial topic for long. While many users favour them as a way to preserve their privacy, cryptocurrency exchanges and regulators are against them. But do they really pose a threat?
The year 2020 was a big blessing on the side of cryptocurrency and blockchain technology. This is the only year where using digital payments including Bitcoin and other cryptocurrencies, was a must-do thing whether directly or indirectly. So, let us see the biggest achievements of the distributed ledger technology and digital currency sector in 2020.
Jay Clayton, the Chairman of the US Securities and Exchange Commission (US SEC) resigns from his post in front of New Year. Jay threw in the towel after putting pressure on Ripple Inc. accusing the company of involving itself in the sale of unregistered digital asset securities worth $1.3 billion.
The scuffle between Ripple Labs Inc. and the USA Securities and Exchange Commission (US SEC) is escalating. Cryptocurrency exchanges have begun delisting XRP or paused trading XRP following the US SEC’s court case against Ripple Inc. However, despite this turbulence, Ripple has managed to regain its price level after over 30% drop.
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.
Venezuela faces lots of issues due to the sanctions imposed by the United States of America against the authoritarian regime of President Nicolas Maduro. Therefore, its citizens face the need for tools and ways that would allow them to circumvent the economic crisis in the country.