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Japanese Stablecoin Ban Lifted, Banks Prepare Move


Japanese firms can now issue stablecoins, after a long-awaited piece of legislation came into effect today. The revised Payment Services Act was promulgated at midnight on June 1, 2023. Under the terms of the act, all token-issuing firms must be able to prove they have the underlying assets that...

Best Crypto to Buy Now 31 May – Solana, The Graph, Filecoin


The cryptocurrency market has been affected this week by uncertainty surrounding the U.S. debt ceiling vote and potential interest rate hikes. While legislation to raise the debt ceiling and cut government spending was introduced in the House of Representatives on Tuesday, the market remains...

Sam Bankman-Fried Leverages Law Firm Advice for FTX Fraud Defense


Sam Bankman-Fried, the disgraced founder of cryptocurrency exchange FTX, is preparing to argue that he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud charges.  On Tuesday, his lawyers requested that prosecutors turn over documents that were provided...

Best Crypto to Buy Now 30 May – Quant, Injective, Lido DAO


Conservative Republicans are opposing the bipartisan agreement to raise the U.S. debt ceiling, which could result in a U.S. default if it doesn't pass its first test in Congress. Both President Joe Biden, a Democrat, and the leading Republican figure in Congress, House Speaker Kevin McCarthy...

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