Bybit Gains Approval to Operate in India

Bybit has successfully registered with the Financial Intelligence Unit India (FIU-IND). The Indian government mandates that all Virtual Digital Asset Service Providers (VDASPs) register with FIU-IND and adhere to strict AML and CFT measures. Bybit settled a $1 million penalty before securing approval. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has registered with … Read more

Cboe Files 19b-4 Proposals for Spot XRP ETFs, Initiating SEC Review

On Thursday, the Chicago Board Options Exchange (Cboe) initiated a pivotal regulatory step by submitting 19b-4 filings to the U.S. Securities and Exchange Commission (SEC) on behalf of four prominent asset management entities—Bitwise, Wisdomtree, 21shares, and Canary Funds—to advance proposals for spot XRP exchange-traded funds (ETFs). Cboe Files 19b-4 Proposals for XRP Trusts Fundamentally, a … Read more

Why Is Bitcoin, XRP, Solana & Dogecoin Price Dropping?

Another crypto market crash has occurred, with Bitcoin, XRP, Solana, and Dogecoin prices experiencing significant declines. This development comes amid economic uncertainty and the bearish sentiment among investors. Crypto Market Crash: Why Bitcoin, XRP, Solana, And Dogecoin Are Dropping CoinMarketCap data shows that the Bitcoin, XRP, Solana, and Dogecoin prices are dropping today amid another … Read more

Russia and Ethiopia Take Steps Away From US Dollar as Dedollarization Grows

Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global Shift Away From US Dollar Accelerates—Russia and Ethiopia Deepen Currency Ties Countries worldwide are increasingly shifting away from the U.S. dollar in trade, opting instead … Read more