The Office of the Comptroller of the Currency (OCC), an independent bureau within the United States Department of the Treasury, approved that banks could provide custody services for cryptocurrencies, Reuters reported. Providing custody and safekeeping services for cryptocurrencies is now considered a modern version of banking services. Such services include …
Read More »Ripple Facing Lawsuits for Selling XRP in Securities Offering
Ripple is being sued for selling its XRP token in an unregistered securities offering, the Coin Telegraph reports. A number of class-action lawsuits have been reportedly filed against Ripple in recent months. In addition, former Chairman of the Commodity Futures Trading Commission (CFTC), Chris Giancarlo, is arguing in a recently …
Read More »Leading Cryptocurrencies Trading Lower on Thursday
The top cryptocurrencies showed a decline over the past 24 hours, despite an improved risk appetite across most global markets. Bitcoin is currently trading at $9,110, down by 1.81%, while Bitcoin Cash is down by 2.32% at $220.72. Ethereum decreased by 1.88%, trading at $227.36. Tether and XRP are down …
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