Tag: USA

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Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks’ Association to Develop a Blockchain-based KYC Platform

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________    … Read More: Today in Crypto: ByBit Announces Card, PancakeSwap to Launch V3 on BNB Chain, Egypt Arrests 29 Scammers, Pakistan Banks’ Association to Develop a Blockchain-based KYC Platform  Read more »Sign…
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Top Official Says US Treasury Assessing Viability of Digital Dollar – Here’s the Latest

The US is actively evaluating whether a digital version of the dollar is in the national interest, the US Treasury Department’s undersecretary for domestic finance, Nellie Liang has said. The work to assess the viability of a digital dollar – a form of central bank digital currency (CBDC) – is now being advanced by an…
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Texas Doubles Down on Attempt to Block Binance.US Acquisition of Voyager Digital Assets

Binance.US, the American arm of crypto exchange Binance, has hit yet another roadblock in its attempts to buy the assets of the bankrupt crypto lending firm Voyager Digital: Texas, USA, officials have once again objected to the deal between the exchange and the lender…. Read More: Texas Doubles Down on Attempt to Block Binance.US Acquisition…
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Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users  Read…
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US Authorities Close In: Binance Expected to Pay Penalties for Regulatory Probes

Major crypto exchange Binance will likely pay monetary penalties to settle current investigations by the US authorities, the Wall Street Journal reported, citing the firm’s chief strategy officer. According to Patrick Hillmann, the company is working on patching the compliance gaps and mistakes made earlier in its existence – but it is likely that it…
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Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election Donations in Crypto to $100

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election Donations in Crypto to $100  Read more »Sign up for e-EUR –…
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Today in Crypto: UK Goes After Unregistered Crypto ATM Operators, S. Korea Watching the Ripple-SEC Battle, Silvergate Execs Investigated by Law Firm, Bitget to Collaborate on CBDCs

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: UK Goes After Unregistered Crypto ATM Operators, S. Korea Watching the Ripple-SEC Battle, Silvergate Execs Investigated by Law Firm, Bitget to Collaborate on CBDCs  Read more »Sign up…
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Binance’s Stablecoin Under Fire: Rival Circle Sounds the Alarm to NY Regulators

Circle, the US-based payments company that issues the USD coin (USDC) stablecoin, alleged that major crypto exchange Binance did not fully back some of its own stablecoin proxies. Notably, on Monday, blockchain infrastructure platform Paxos was ordered to stop minting Binance USD (BUSD) stablecoins…. Read More: Binance’s Stablecoin Under Fire: Rival Circle Sounds the Alarm…
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The IRS is Taking Action to Uncover Identities of This Crypto Exchange’s Customers – Who Will Be Affected?

According to the Internal Revenue Service (IRS), the American tax authority, Kraken, the giant crypto exchange, failed to provide requested information regarding its US customers who conducted crypto transactions worth $20,000 or more between 2016 and 2020. The major exchange has allegedly been ignoring the IRS investigation summons. According to Law360,… Read More: The IRS…
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Here’s Why Cardano’s New Stablecoin Could Be a Game Changer

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