Every day the world of cryptocurrencies develops, and every week there are many important events. Blockchain technologies and smart contracts open up new opportunities for business and finance. New projects and startups are emerging, seeking to improve existing solutions or offer completely new products. States are beginning to recognize cryptocurrencies and develop legislative frameworks to regulate them. Investors and traders actively monitor the market, analyzing trends and predicting future price movements. All these factors make the cryptocurrency industry one of the most dynamic and interesting in the modern world.
Review of the past week:
| September 10, 2024 |
Tron and Tether have formed an alliance to combat the illegal use of USDT. Tether, TRON and TRM Labs Establish First-Ever Private Sector Financial Crime Unit to Combat Crypto Crime. Read more |
| September 11, 2024 | The UK government has submitted a bill, which recognizes cryptocurrency as personal property and provides owners with greater legal protection.
The bill introduces a new personal property category of “thing” that will apply to certain digital assets.Once enacted, it will help the legal profession determine ownership in disputes such as divorce and provide protection to crypto owners subject to scams and fraud. Read more
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| September 12, 2024 | In the USA, they launched investigation against the Securities and Exchange Commission (SEC) — suspected of political favoritism in recruitment
The probe seeks to determine whether the SEC violated federal law by considering political affiliations in its hiring of senior employees, potentially compromising the agency’s impartiality. Read more |
| September 13, 2024 | The SEC claims that when it said ‘crypto asset securities’ it never meant tokens were actually securities
The U.S. Securities and Exchange Commission “regrets” referring to crypto tokens themselves as securities, according to a court filing. Read more |
| September 14, 2024 | Paxos, Tether and Circle have frozen almost $5,000,000 in crypt on wallets linked to the North Korean hacker group Lazarus
It was also found that Lazarus had withdrawn more than $200,000,000 to fiat in three years, stolen as a result of 25 attacks on various blockchains. Read more |
As the crypto landscape evolves, so does the need for a reliable platform. At FYBIT, we provide the tools for your success. Don’t wait, trade with FYBIT.
Best regards,
FYBIT team
