Discussions on the regulation of stablecoins between US and UK officials took place in London. There is agreement on the need to fully require one-to-one stablecoin reserves. The issue of cooperation in cross-border regulation and […]
Market News Patrick Witt, the adviser at the White House, has put off his military duty in order to conduct important talks on the CLARITY Act before the August recess. Harry Jung declared his resignation […]
The bankruptcy estate of FTX will be making its fifth distribution by making available nine hundred million dollars for eligible creditors. The total amount distributed will therefore reach almost ten billion dollars since the initial […]
Sony Bank received conditional OCC approval to establish Connectia Trust for its planned U.S. dollar-backed stablecoin. The proposed stablecoin will support digital payments across Sony’s gaming, subscriptions, anime, and broader content ecosystem. Sony Bank has […]
The fraud charges were made against Trevor Vernon and Argent Capital Management for the $14 million commodity pool fraud. It is said that the company falsely represented the trading records, registration, and profitability to its […]
The SEC got a $5.4 million judgment after charging NanoBit with operating a fraudulent crypto investment platform. According to the regulators, NanoBit operators defrauded investors by making use of fake dashboards and fraudulent claims to […]
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