The new lawsuit filed by investors against Ripple is based on the amended version of the SEC’s guidance on cryptocurrencies and has good chances for success. Moreover, the XRP token can be qualified as a security.
Starting with mid-September, the trading platform Binance will halt servicing customers from the USA, and will resume on Binance US, a platform licensed within the framework of the US law.
The new document is aiming to free cryptocurrencies from double taxation. The draft bill introduced by Representative Ted Budd (NC-R) is currently under consideration of the United States House Committee on the Budget awaiting approval.
The Internal Revenue Service (IRS) has issued the instruction on the distinction of the genuine letters from the fakes.
To mitigate the influence of the American sanctions on the export of Chinese goods in the USA, the authorities of the People’s Republic of China let Yuan fall by 7% due to the strengthening of the USA’s pressure on China via additional customs duties.