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More than 40 Firms Join Central Bank Group to Explore Tokenization for Cross-Border Payments

16.9.2024
More than 40 financial firms will join central bank group the Bank for International Settlements to explore how tokenization can enhance wholesale cross-border payments in Project Agorá, the BIS said on Monday

El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025

16.9.2024
Bukele spoke during the commemoration of 203 years of El Salvador independence

Sen. Elizabeth Warren's Pro-Crypto Opponent, John Deaton, Has a Plan to Beat Her

16.9.2024
Defeating U.S. Sen. Elizabeth Warren (D-Mass.), a national hero in progressive circles, seems a stretch for a relatively little-known Republican in the liberal bastion of Massachusetts. But candidate John Deaton, known among crypto fans for his legal advocacy, says it can be done by leveraging...

SEC Places Heavier Scrutiny on Binance's Token Listing, Trading Process in Proposed Amended Complaint

16.9.2024
The SEC filed its proposed amended complaint against Binance on Thursday with a greater emphasis on the exchange's token listing process

'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court

15.9.2024
The regulator pleaded with the court to halt Kalshi's political prediction markets for the duration of the CFTC's appeal

Even Temporarily Blocking Election Contracts Risks 'Irreparable' Harm, Kalshi Argues

14.9.2024
Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission's move to block its new election contracts, saying they would harm the company

In-Depth Study Reveals Stablecoins as Pivotal Players in Global Finance

13.9.2024
As digital economies evolve, stablecoins emerge not just as mere facilitators for crypto trading but as pivotal tools in global financial systems. A comprehensive report by Castle Island Ventures and Brevan Howard Digital, sponsored by Visa, unveils the profound impact of stablecoins on monetary...

Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial: NYT

13.9.2024
The FTX founder is six months into a 25-year prison sentence

Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved

13.9.2024
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations

English High Court Rules Tether's USDT Stablecoin Counts as Property

13.9.2024
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared

Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments

13.9.2024
Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed

Kalshi's New Political Prediction Markets Halted as CFTC Appeals Loss

13.9.2024
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday

Federal Judge Threatens Ryan Salame With Sanctions After Former FTX Exec Says He Lied About Plea Deal Last Year

12.9.2024
A federal judge on Thursday told former FTX executive Ryan Salame that he could be hit with sanctions after Salame lied to the judge about prosecutors not making promises to him as part of his plea deal last year, CNBC reported

U.S. Election Betting: CFTC Loses Last-Minute Bid to Halt Kalshi Contract

12.9.2024
The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts

Crypto Industry Holds Its Breath as US Election Debate Fails to Clarify Economic Policy

12.9.2024
After the first election debate, QCP Capital shared its perspective on how the U.S. election could influence the cryptocurrency market. According to the firm, investors remain cautious as their attention shifts to key macroeconomic indicators and the upcoming election decision. The CEO of Chirp,...