Although ripple and the SEC have been trading barbs, a prominent crypto lawyer believes the two sides may never face off in trial court. He believes both parties may come to an out-of-court settlement as it can lead to a quicker resolution.
The city of Seoul, South Korea, has outlined a new plan to crack down on local tax evaders: seizing crypto assets. Authorities say they are taking the bold step in hopes of establishing a fairer and more efficient tax system.
Crypto markets lost an average of $20B in daily market cap, as Bitcoin fell below the $29K mark. The top 20 cryptocurrencies by market cap, as well as the entire crypto market, have experienced a crash in prices this week.