Had it succeeded, Diem would have presented two challenges, which were discussed publicly at the time, for the federal government to wrestle with. Libra’s stablecoin would have launched when the U.S. lacked a comprehensive regulatory […]
Source: Screenshot CoinDeskTV During an interview, Cody Carbone, the Vice President of Policy at the Chamber of Digital Commerce, expressed his concerns regarding the regulatory stance the US Securities and Exchange Commission (SEC) has adopted […]
Las Vegas-based cryptocurrency custodian Prime Trust filed for Chapter 11 bankruptcy protection on Monday, the latest setback for the troubled financial technology company. The bankruptcy filing follows Prime Trust’s placement into receivership in late June […]
But in the grand scheme of things, PayPal’s project is in a far stronger position politically than the universally mistrusted Libra ever was. Republicans are thrilled that the payments company launched its stablecoin, known as […]
Source: Shutterstock Binance, the global leader in cryptocurrency exchange by trading volume, has submitted an application for registration in Taiwan according to the Money Laundering Control Act and the Financial Supervisory Commission (FSC). During a […]
Crypto Twitter did not hold back Friday amid news that disgraced FTX founder and former CEO Sam Bankman-Fried’s bail had been revoked. He was remanded to jail by a federal judge due to witness tampering, […]
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Source: Adobe Stock On Wednesday, Democratic Congresswoman Maxine Waters (D-CA) criticized PayPal’s launch of its new dollar-backed stablecoin, PYUSD, as she believed the company should have waited for federal regulatory approval before proceeding. “I am […]
Artificial intelligence is perpetuating eating disorders in young people, claims a new report released Monday. The Center for Countering Digital Hate—which is separately involved in litigation with Twitter—says generative AI tools created “harmful content,” including […]
In today’s crypto news roundup, we delve into a series of significant events that have shaped the digital currency landscape. From PayPal’s groundbreaking entry into the stablecoin market to regulatory challenges faced by Worldcoin in […]
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