On March 21, 2023, Irina Dilkinska, a former executive at OneCoin, was charged by the Department of Justice (DOJ) with one count of wire fraud and one count of conspiracy to commit money laundering. Dilkinska was extradited from Bulgaria...
The crypto community has expressed displeasure about the latest economic report released by the White House. The White House released its 2023 edition of 'Economic Report of the President' on March 20, 2023, containing the first discourse on digital...
Bitget, a cryptocurrency exchange, announced that it had gained control of the decentralized BitKeep multi-chain wallet after investing $30 million in the project. The investment deal involves merging BitKeep Wallet with Bitget's commercial domain. This move will make it...
U.S. Republican Senator Ted Cruz has introduced a bill to prevent the United States Federal Reserve from launching a central bank digital currency (CBDC) for direct-to-consumer use. Cruz explained in a statement on March 21, 2023, that he introduced...
Russia-linked cryptocurrency exchange, Bitzlato, has partially restored user access to deposited funds. On March 20, the company announced that users could withdraw up to 50% of their assets that had been previously frozen due to enforcement actions by both...
OKX, the world's second-largest cryptocurrency exchange by trading volume, has published its fifth monthly Proof-of-Reserves (PoR) report. The report shows that OKX holds $8.9 billion in Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), with reserve ratios of 103% for...
Arf, a regulated settlement banking platform in Switzerland, has partnered with the Stellar Development Foundation to offer a new financing solution for licensed financial institutions. This solution is the first in the world to offer unsecured, short-term financing options...
The Australian Prudential Regulation Authority (APRA) has requested local banks report on their cryptocurrency transactions and disclose their exposures to startups and crypto-related companies. The regulatory body is seeking to obtain a deeper understanding of potential risks and exposures...
On March 20, 2023, Coinbase, a cryptocurrency exchange based in the United States, submitted a petition to the U.S. Securities and Exchange Commission (SEC) challenging the classification of stakes as securities. Americans love their stake. Here’s why we need...
Jatinder Singh, the Crypto.com customer who was accidentally sent $10.5m million (AUD) from the exchange in 2021 and subsequently got sued by the exchange, has been granted bail by an Australian court. The prosecution attempted to persuade the Melbourne...
