XRP Loses Moneygram Because Of The SEC Lawsuit Against The Crypto

Reportedly, Moneygram has suspended utilizing Ripple’s platform. The announcement was a result of US Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs and its officials. Preceding year, Moneygram International earned $50.2 million for using the Ripple platform. However, this year it announced that it had suspended trading on the platform following the lawsuit against…

For Preventing Crypto Owners From Evading Tax Spanish Authorities Issues Guidelines

Fresh guidelines regarding crypto tax have been published by Spain’s Federal Tax Authority, SATA – (i.e. State Agency for Tax Administration). The purpose of the issuance of guidelines is to seek a prominent increase in the number of crypto taxpayers while reducing the instances of tax avoidance. Spanish Government says that the initiative is an…

After New York, New Jersey Mandates Upon Crypto-Exchanges/Businesses To Obtain Licenses

After New York, New Jersey Mandates Upon Crypto-Exchanges/Businesses To Obtain Licenses

Many had thought that the US Presidential Elections will adversely affect the growth of cryptocurrencies. Some had even believed that if new administration would come, then for quite some time, no one will bother about cryptocurrencies. Yet both these predictions turned out to be totally wrong. Firstly, pre and post-election trauma had not impacted the…