The move is expected to boost the usage of non-fungible tokens (NFTs) within the gaming industry.
It is expected that both FTX and Genesis will soon file motions with the bankruptcy courts to seek approval of the deal.
The move comes after Securitize’s entry into the Spanish General Secretariat of the Treasury and International Finance’s sandbox for digital asset securities.
The motion to dismiss a lawsuit filed by Binance’s legal team highlights the argument that CZ is not subject to US jurisdiction as he resides in the United Arab Emirates.
Musk recently rebranded Twitter to the X platform in a bid to venture into global financial markets through modern technology like blockchain and AI.
Grayscale noted that the US SEC should maintain an equitable stand while approving the Bitcoin ETFs without any participant getting greater preference over the other.
The funding comes at a time when investment in the crypto ecosystem is becoming scarce.
Gemini launched its derivative platform Gemini Foundation in May in the heat of the regulatory tension in the United States.
The EOS community has encountered significant problems since Block.one failed to honour its commitments of supporting the EOS Network and community.
The passage of these proposed legislations marks a pivotal moment for the crypto industry as it seeks a clear and unified regulatory framework.
Binance previously launched a beta version of the AI NFT generator on March 1.
New York Federal Prosecutor asked Judge Lewis Kaplan to jail former FTX boss SBF for crossing the line after giving journalists personal writings by Caroline Ellison.
As of now, Binance retains the majority of the crypto market share despite the regulatory challenges.
According to Alderoty, Ripple will handle any appeal the SEC decides to initiate even though he is confident in the judge’s previous ruling.
Today, the eNaira continues to face many challenges from the nation’s monetary policy and financial stability.