Trials

The post Russia is Ready to Start Crypto Trials! appeared first on Coinpedia Fintech News Russia is working rapidly to utilize crypto as payment for international trades. In just 2 months, from lower house bills to becoming ready to test payments, they has worked very fast. Lower house of Russian parliament passed the bills in July and on August 8, the president approved them. By September, Russia will start testing. Why is Russia in so much hurry and how are…

TL;DR Ripple contests the SEC’s classification of the “Fox Declaration” as standard evidence, arguing it’s expert testimony, which affects the legal proceedings. Predictions suggest a possible $100 million settlement in case, potentially impacting XRP’s value and the broader crypto market. Ripple Strikes Back The legal battle between Ripple and the US Securities and Exchange Commission (SEC) escalated recently due to a disagreement on one key witness’ testimony. The two entities can not find common ground on a statement from Andrea…

The Chinese digital yuan trial has gone life following the big announcement made last weekend. During the weekend, China's southern city of Shenzhen, a major Chinese city, announced that it was giving away 10 million yuan ($2 million) in its Central Bank Digital Currency. According to them, the digital yuan can be used across 3,389 stores. The main objective of the giveaway is to encourage the usage of the new government-backed digital currency. Close to 2 million people applied to…