Headlines

SEC Lifts Five-Year Moratorium on New Online Lending Platforms

Build, Regulate, Navigate. Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Securities and Exchange Commission (SEC) announced it will officially lift its nearly five-year moratorium on new online lending platforms (OLPs) effective August 1. According to the regulatory body, the move comes alongside the introduction…

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XRP holders helped Ripple resist SEC pressure, Deaton says

John Deaton has credited 75,000 XRP holders with helping Ripple executives resist pressure during the company’s legal fight with the U.S. Securities and Exchange Commission.  Summary Deaton says 75,000 XRP holders helped Ripple’s leaders resist SEC pressure during the prolonged litigation. Ripple considered closing before executives chose a costly legal defense that preserved hundreds of…

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Cape Town Expands Crypto Fraud Fight as Police Seize Luxury Cars With Fake Plates

Key Takeaways Mayor Hill-Lewis joined Cape Town police in an operation to impound luxury cars with fake registrations. Fraudulent crypto syndicates are using Tiktok to flaunt assets, impacting South Africa’s digital market. A report showed 2 major South African cities now host corporate-style, international scam centers. Luxury Seizures and Social Media Lures A crackdown on…

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