Ripple’s RLUSD could benefit from the new rules and expand its use in US financial systems. Only 14 million XRP tokens have been burned to date versus 59.1 billion in circulation. The pending CLARITY Act […]
A Florida investor says he was scammed out of $860,000 by a Denver-based trading “school” and a fake crypto exchange that promised him life-changing profits. In a lawsuit filed last week in federal court, Brian […]
Thailand’s Securities and Exchange Commission (SEC) has opened a period of consultation for feedback on rules that would allow exchanges or individuals connected to an exchange to issue utility tokens, according to a Friday statement. […]
The head of South Korea’s central bank has reportedly said he is not against the country issuing a won-based stablecoin, but is still concerned about managing the foreign exchange of the token. Reuters reported on […]
South Korea’s financial regulator plans to investigate transaction fees charged by domestic cryptocurrency exchanges, aiming to reduce trading costs for users, according to local media. South Korea’s Financial Services Commission (FSC) will launch a probe […]
US Senate passed the “GENIUS Act” (68-30) to create a regulatory framework for stablecoins. The bill requires stablecoins to be backed by liquid assets and issuers to disclose reserves monthly. This is a major milestone […]
Former Celsius CEO Alex Mashinsky has agreed not to claim any assets from the Celsius bankruptcy proceeds. In a motion filed on Monday, the United States Bankruptcy Court for the Southern District of New York […]
Marc Andreessen, co-founder of the Andreessen-Horowitz venture capital (VC) firm, said that the current race to establish dominance in the artificial intelligence sector is analogous to the Cold War between the United States and the […]
Opinion by: David Carvalho, founder, CEO and chief scientist of Naoris Protocol Satoshi Nakamoto changed how we define money. In response to the 2008 collapse of the financial institutions in which millions put their trust, […]
The US Securities and Exchange Commission (SEC) has announced several new hires, including those with experience in the cryptocurrency and blockchain industry. In a Friday notice, the SEC said Jamie Selway would join as the […]
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