Russia Advocates Crypto Solutions for International Payments Amid Sanctions

by Theresa Joy Lacatan | Jul 5, 2024 | Blog News, Crypto News

Amid escalating Western sanctions, Russia’s central bank is advocating the use of cryptocurrencies and other digital assets to facilitate international payments. Elvira Nabiullina, the governor of the Bank of Russia, underscored the significance of innovative...

EU-U.S. Financial Regulatory Forum: A Milestone in Transatlantic Cooperation

by Theresa Joy Lacatan | Jul 5, 2024 | Blog News, Crypto News

On 25-26 June, 2024, the EU–U.S. Joint Financial Regulatory Forum concluded a productive meeting hosted by the European Commission and the U.S. Department of the Treasury. This forum brought together top financial regulators from both sides of the Atlantic to discuss...

CFTC Wins Landmark Case Against Crypto Fraudsters: Over $120 Million Ordered in Penalties

by Theresa Joy Lacatan | Jul 5, 2024 | Blog News, Crypto News

In a recent victory for market integrity, the Commodity Futures Trading Commission (CFTC) announced on 3 July, 2024, that Judge Mary Rowland of the U.S. District Court for the Northern District of Illinois granted summary judgment in favor of the CFTC on all counts of...

Binance Enhances Trading Environment by Delisting Low-Performance Pairs

by Theresa Joy Lacatan | Jul 3, 2024 | Blog News, Crypto News

Binance, one of the leading global cryptocurrency exchanges, has announced it will refine its trading offerings by delisting certain spot trading pairs that have shown consistently low liquidity and trading volumes. This move, part of Binance’s routine review of...

Bittensor Blockchain Temporarily Suspended Amid Security Breach, Aims for Revolutionary Decentralized AI

by Theresa Joy Lacatan | Jul 3, 2024 | Blog News, Crypto News

On Tuesday, the Bittensor blockchain, known for its cutting-edge decentralized artificial intelligence (AI) technology, experienced a significant setback due to a security breach that led to the abrupt suspension of its network. The developers initiated a “safe...

Paxos Gains Full Approval from MAS to Offer Digital Payment Token Services

by Theresa Joy Lacatan | Jul 3, 2024 | Blog News, Crypto News

Paxos has received full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token (DPT) services, marking a significant milestone for the crypto firm. The DPT license enables Paxos to issue stablecoins in alignment with MAS’s upcoming...