Quick Crypto Update

The lawsuit alleges that the two were personally profiting a sum of $600 million and as per the watchdog, they ignored the legal advice that XRP could be considered a security. Even though such a crackdown from the SEC was expected, the case may be a stepping stone for defining regulations around the cryptocurrency ecosystem.(Credits-AMB crypto)

Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project. ( Credits- Cointelegraph)

Google Finance users can now get a quick rundown of the top cryptocurrency prices with just one click ( source- Cointelegraph)

The Belarus government is exploring the prospects of tapping into the crypto mining industry (Credits - BTC manager)

The RBI is getting ready to launch its own central bank digital currency. (Credits - Cointelegraph)