General News

SEC charges Justin Sun and celebrities for unregistered crypto token sales

The US Securities and Exchange Commission (SEC) has charged Justin Sun, the founder of cryptocurrency Tron, for the unregistered offer and sale of Tronix...

US Economic Report of the President is skeptical of crypto

The recently published US Economic Report of the President is skeptical about the potential benefits of cryptocurrencies. The report acknowledges the potential benefits of...

Bulgarian OneCoin executive extradited to U.S. to face charges

Irina Dilkinska, a Bulgarian national who held the position of "head of legal and compliance" at OneCoin, has been extradited to the United States...

USDC Stablecoin Issuer Circle Seeks License to Enter French Market

Circle, the stablecoin issuer, has submitted applications to become a licensed e-money provider in France and to register as a crypto provider. If successful,...

Coinbase Considers Move Outside US Amid Regulatory Concerns: Reports

Crypto exchange Coinbase is reportedly exploring the possibility of moving a trading unit outside the United States as a way to diversify its regulatory...

Carole House Warns: Crypto Innovation Going Overseas Threatens US National Security

Former Director of Cybersecurity and Secure Digital Innovation at the White House and co-author of President Joe Biden's executive order on crypto, Carole House,...

South Korean Crypto Exchanges Investigated for Bribery Allegations

South Korean prosecutors are investigating executives of major crypto exchanges in the country, including Bithumb and Coinone, for alleged bribery in the listing of...

Former Coinbase CTO bets $1 million on Bitcoin hitting $1 million by June 17, 2023

Former Coinbase CTO Balaji Srinivasan has taken a $1 million bet on Bitcoin, predicting that the cryptocurrency will hit $1 million by June 17....

Microsoft reportedly developing Web3 wallet for Edge browser integration

Microsoft is reportedly developing a Web3 wallet that can integrate cryptocurrencies and non-fungible tokens (NFTs) into its Edge web browser. Software documenter and occasional...

India’s RBI and Central Bank of UAE Sign MOU for CBDC Bridge Development

India and the United Arab Emirates (UAE) have signed a memorandum of understanding (MoU) to develop a proof-of-concept and pilot program for a central...

Federal Reserve to Launch Instant Payment System by July 2023

The Federal Reserve has announced that its instant payments system, which is seen as a substitute for central bank digital currencies (CBDCs) and stablecoins,...

FDIC denies reports of requiring divestment of crypto activities from banks

US bank regulators are reportedly requesting that any institution interested in buying Signature Bank give up all crypto business, further isolating the digital asset...