The troubled cryptocurrency corporation Digital Currency Group (DCG) is now dealing with additional legal issues due to a new class action lawsuit filed against its subsidiary Genesis Capital. According to a securities class action (SCA) complaint filed by a...
The European Commission has recently announced its plans to publish a bill that will pave the way for the creation of a digital euro and set the foundation for the EU's strategy on virtual worlds. While the European Central...
It has come to light that Binance, one of the largest cryptocurrency exchanges in the world, has processed a significant amount of transactions for another digital currency exchange known as Bitzlato. According to a report, Binance processed nearly $346...
The recent bankruptcy filing of Genesis, a cryptocurrency lending platform, has left customers of Gemini Earn, a rewards program for lending cryptocurrency, facing a potential shortfall of $485 million. Gemini Earn operates by paying rewards to customers who lend...
President Nayib Bukele of El Salvador has taken to Twitter to express his disappointment and frustration with "legacy international news outlets" and their failure to adequately cover his country's recent repayment of an $800 million bond debt. Bukele stated...
Charles Hoskinson, the founder of Cardano, agrees with attorney John Deaton in stating that he does not expect Congress to establish clear regulations for the cryptocurrency sector until 2025. John Deaton recently posted a Twitter thread stating that "the...
Policymakers in the UK are currently debating whether selling, promoting and distributing derivatives and exchange-traded notes (ETNs) linked to cryptocurrencies to retail investors should be illegal. In January 2021, the Financial Conduct Authority (FCA), the top British regulator, approved...
BlockFi, the insolvent cryptocurrency lending company, has announced its plan to sell $160 million worth of loans secured by over 68,000 Bitcoin mining equipment as part of its bankruptcy process. According to two people with knowledge of the situation...
According to a local financial authority, Japan's new legislation permitting investors to trade using stablecoins like Tether (USDT) is set to be approved no later than June 2023. At present, the distribution of stablecoins within Japan is prohibited. However,...
Brian Armstrong, the CEO of Coinbase, recently proposed the idea of Brazil and Argentina adopting Bitcoin as a national currency. This sparked many discussions about the feasibility of using BTC as a common currency, as the two South American...
