According to a press release on Monday, stablecoin issuer Paxos acknowledged that it had received Wells’ notice from the SEC indicating that enforcement action may be taken based on its allegations that Binance USD constitutes an unregistered security.
Singapore's largest bank, DBS, is planning to apply for a license that will allow it to offer cryptocurrency services to Hong Kong residents, as part of the Chinese territory's push to become a hub for digital assets.
Eddy Alexandre, the purported CEO of cryptocurrency trading platform EminiFX, faces up to 10 years in prison for his involvement in a fraudulent venture.
The SEC has reportedly informed Paxos Trust Co. that it plans to sue the stablecoin issuer for violating investor protection laws related to its Binance USD token.
Blockchain infrastructure platform Paxos Trust Company will stop issuing new Binance Dollar (BUSD) stablecoins amid an ongoing investigation by New York regulators.
The popular decentralized autonomous organization (DAO) Friends With Benefits (FWB) is launching a social networking app, the group announced Thursday on Twitter.
Cathie Wood's investment management firm, ARK Invest, continues to add to its holdings of Coinbase (COIN) stock amid the recent cryptocurrency market decline.
Initiatives around central bank digital currencies (CBDCs) have gained attention in recent months as banking authorities attempt to simplify cross-border transactions and spur innovation in the payments industry.
Cryptocurrency lending firm BlockFi has announced the creation of a website called Kroll, which acts as BlockFi’s complaint agent and accepts complaints from users until 5:00 p.m. (Eastern Time) March 31, 2023.
Cryptocurrency miner Argo Blockchain said on Thursday that founder Peter Wall is stepping down as chief executive and interim chairman to "pursue other opportunities."
Five years since its founding, fan token platform Chiliz has launched its own layer-1 Ethereum Virtual Machine (EVM) compatible blockchain ecosystem to support its growth.
A group of South Korean officials traveled to Serbia to try to find Do Kwon, co-founder of Terra Terraform Labs, which developed the now-collapsed Terra Luna and TerraUSD stablecoins.
t artificial intelligence (AI) startup Anthropic received more than $500 million in funding from former FTX CEO Sam Bankman-Fried roughly six months before FTX’s catastrophic collapse.
