Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes, only fraud-related amounts in bank accounts can be frozen 👨🏻⚖️
The court stressed that freezing accounts entirely disrupts livelihoods and called on investigative agencies to inform both account holders and the courts.
Competition in the stablecoin market is intensifying with the emergence of new entrants such as PayPal’s dollar-pegged stablecoin PayPal USD.
Ripple Labs has begun testing its dollar-pegged stablecoin Ripple USD (RLUSD) on the XRP Ledger and Ethereum, with plans to expand to more blockchains. Tether’s USDT remains the largest stablecoin with a market cap of over $118 billion, while Tether has also announced plans for a new stablecoin pegged to the UAE dirham (AED).
Bloomberg: Wall Street giants are optimistic about the potential opportunities in the field of crypto custody and are looking forward to the results of the election and clear regulation⚠️
The number of new addresses of Bitcoin is close to the critical level with 330,000, and the prospect of the bull market has attracted market attention 💵