Tag: Crypto

Are Crypto Banks In Danger? FDIC ‘Pause Letters’ Spark Fears Of Operation Chokepoint 2.0

A cryptocurrency exchange accused the US government of undermining the cryptocurrency sector orchestrating a campaign against digital currencies. Coinbase revealed that the US Federal Deposit Insurance Corporation (FDIC) has been employing tactics to dissuade financial institutions from engaging in crypto-related activities. FDIC: Stay Away From Crypto Coinbase claimed that...
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Paxos Partners With Singapore’s DBS To Launch New Stablecoin

Blockchain infrastructure company Paxos, in conjunction with Singaporean bank DBS, has introduced a new stablecoin known as Global Dollar (USDG). This development comes four months after Paxos secured approval to offer digital payment token services as a Major Payments Institution (MPI). Paxos USDG Compliant With Upcoming Singaporean Regime In...
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Tornado Cash Co-Founder Trial Adjourned Until April 2025

In the latest development in the ongoing prosecution of Tornado Cash co-founder Roman Storm, the presiding judge has adjourned the much-awaited trial until April 2025. This decision will see the money laundering and sanctions violations charges against the crypto developer drag on for at least the next five months....
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Turkish Investors Shift Focus: Crypto Outshines Real Estate In 2024 Investment Trends

A cryptocurrency exchange called Paribu recently conducted a survey highlighting a notable trend in Turkey: an increasing preference for crypto over traditional investment options such as stocks and real estate. The “2024 Cryptocurrency Awareness and Perception Survey” survey involved interviews with 2,002 individuals familiar with crypto and 541 interviews with those actively...
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Bitcoin Mining Takes Center Stage At Argentina’s Central Bank: Here’s Why

The Central Bank of Argentina (BCRA) has unveiled a unique art exhibition at its Héctor Carlos Janson Historical and Numismatic Museum with Bitcoin in the spotlight. The exhibition, titled “Art, Artificial Intelligence and the Future of the Economy,” marks the first instance globally where actual destroyed currency from various...
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