Paxos, a blockchain fintech company, has partnered with MercadoLibre, an online marketplace, to bring the Pax Dollar (USDP) stablecoin to Mexico through the MercadoPago payment service.
According to a report by TRM Labs, cryptocurrency pyramid and Ponzi schemes worldwide are estimated to result in a total payout of $7.8 billion in 2022.
The Terra Classic (LUNC) ecosystem recently witnessed a series of significant developments. Following a joint governance proposal for liquid collateralized derivatives
Token issuers in Japan are no longer obligated to pay corporate tax on unrealized gains from cryptocurrencies, following a revision to the law by the National Tax Agency on June 20.
The Financial Action Task Force (FATF) has reiterated its call for countries to enforce the "travel rule" as a means to combat money laundering and terrorism financing associated with cryptocurrencies.
The Australian government has introduced a draft bill that threatens significant fines for tech and social media giants if they fail to remove misinformation from their platforms.
The Australian Treasury's approach to defining crypto assets in its digital asset token mapping will be "technology agnostic" and "principles-based," according to a Treasury official.
In an unexpected turn of events, the Binance Australia team received sudden notification in the middle of the night that they would no longer have ties with the Australian banking system.
Australia's cryptocurrency industry is likely to face ongoing banking challenges as the government and major banks remain firm in their stance against scams involving cryptocurrencies.
Binance has reversed its decision to delist several privacy coins in Europe after making operational modifications to ensure compliance with local regulations.
HSBC, the largest bank in Hong Kong, has reportedly launched its first cryptocurrency service in the local market. According to reports, HSBC now allows its customers to buy and sell Bitcoin and Ethereum.
California Representative Maxine Waters, who holds a prominent position on the US House Financial Services Committee, has urged federal regulators to provide their input on a proposed framework for digital assets.
The federal judge presiding over the lawsuit involving Binance.US, Binance Holdings Ltd., CEO Changpeng Zhao (CZ), and the Securities and Exchange Commission (SEC) has rejected a motion that sought to prevent the SEC from making public statements regarding the case
New regulations have been passed by the US House of Representatives, prohibiting lawmakers from using most artificial intelligence (AI) large-scale language models.
Mitsubishi UFJ Financial Group (MUFG), Japan's largest financial institution, is reportedly considering the issuance of a global stablecoin using its blockchain platform. The bank had previously announced plans to launch a token pegged to the value of the yen .
Amazon Web Services (AWS) -- the e-commerce giant's cloud arm -- said it will allocate $100 million to build a center to help entities leverage generative artificial intelligence (AI).
Singapore-based cryptocurrency trading service provider, Crypto.com, has obtained registration as a virtual asset service provider from the Bank of Spain.
Digital Asset, the New York-based firm behind the now-defunct blockchain-based clearing system for the Australian Securities Exchange (ASX), has accused the ASX of abandoning its blockchain plans.
