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...

Circle Achieves Compliance with EU Crypto Regulations, Paving the Way for Global Stablecoin Expansion

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

On Tuesday, 2 July, 2024, Circle, the issuer of USD Coin (USDC) and Euro Coin (EURC) stablecoins, announced a groundbreaking achievement in the European crypto sector. Circle has become the first global stablecoin issuer to comply with the European Union’s...

Bolivia Central Bank Updates Regulations to Include Virtual Asset Transactions

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

On 26 June, 2024, the Central Bank of Bolivia, Banco Central de Bolivia (BCB) issued Press Release CP35/2024, with significant updates to regulations surrounding Virtual Assets. Through Board Resolution No. 082/2024, the BCB revoked the earlier Board Resolution No....