Binance wants the court to know US government’s position on USDC
The U.S. government’s arguments on stablecoins in an unrelated criminal case could bolster Binance’s position in its civil case with the SEC.
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PayPal crypto services to go global early 2021, support for CBDCs coming
PayPal is planning to launch crypto services for users of its platform globally, along with the Venmo app, and the company will explore central bank digital currencies. 921 Total views 20 Total shares Senior executives at global payments giant PayPal have revealed further details about its plans to aggressively push into the crypto sector next…
Thai Police Arrest Suspect in $24 Million Bitcoin Scam
Thai police have detained 27-year old actor Jiratpisit "Boom" Jaravijit in an alleged $24 million cryptocurrency scam, Bangkok Post reported August 9. Jiratpisit is reportedly one of the seven suspects in the alleged crime, including his older brother and sister. On July 26, the Criminal Court awarded a warrant for his arrest following a complaint…
Israeli securities regulator moves to establish crypto legal framework
After tasking multiple committees over the years, the Israeli Authority is ready for public comment on its proposal of crypto legal framework 76 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTThe Israeli Securities Authority (ISA) proposes a framework for regulating digital assets as an increasing number of Israeli…
Prosecutor says Do Kwon’s extradition to South Korea would best serve Terraform Labs’ victims: Report
The former Terraform Labs CEO could face 40 years in jail in South Korea, the country where he committed most of his crimes, according to local authorities. 157 Total views 1 Total shares Own this piece of history Collect this article as an NFTSouth Korean authorities are seeking the extradition of the co-founder and former…
Crypto, forex platform CEO pleads guilty in $248M fraud scheme
Eddy Alexandre, the CEO of the purported crypto trading platform EminiFX is facing as much as 10 years behind bars for his part in the fraudulent enterprise. 129 Total views 2 Total shares Own this piece of history Collect this article as an NFTEddy Alexandre, CEO of purported crypto trading platform EminiFX has pleaded guilty…
Bitcoin trader explains why BTC outperforming Ethereum is just ‘simple math’
Bitcoin (BTC) has been outperforming Ether (ETH) in the past several days as BTC surged above $50,000 for the first time in history. Meanwhile, one popular cryptocurrency trader explains that this is "simple math" given the growing institutional demand for BTC. BTC vs. ETH (orange) performance in February. Source: TradingviewWhile ETH is beating BTC in USD…
Bitcoin could top $100K but only if 'high-yield rate' falls below 7% — Analyst
Bitcoin needs the high yield rate to fall as low as 6% if it wants to reach a "sustainable all-time high", says crypto analyst Timothy Peterson.