Salame has not yet made an official plea, and is expected to enter a plea deal with prosecutors, which could improve their case against FTX.
The Fed said that the newly introduced activities monitoring plan aims to encourage the good aspects of financial innovations along with addressing risks.
Amid the arrangement with the Bahamian government, the DoJ couldn’t add further charges on SBF. However, it still plans to look at the alleged campaign finance scheme.
Marathon Digital announced that the gains on the sale of Bitcoin were $23.4 million in Q2 2023.
Increased Bitcoin demand from institutional investors led by the ETF frenzy and new stablecoins launch has widened crypto liquidity and trading volume.
The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet.
The DREX CBDC will utilize distributed ledger technology (DLT) for settling wholesale interbank transactions, and retail access will rely on tokenized bank deposits.
The exchange’s USDC balance was reduced from $3.4 billion on March 1 to $23.9 million by May 1.
The new MPI license makes it possible for Blockchain.com to offer regulated digital payment token services to institutions and accredited investors.
The approval of spot-Bitcoin ETF remains a hot issue of debate among investors, regulators, and financial institutions.
Bitstamp is also looking to expand its operations in the UK after securing the FCA license earlier this year.
Scammers may continue to cash in on the PayPal stablecoin launch for as long as possible.
Following the attack, the Cypher Protocol team highlighted that an internal investigation had been launched to determine the root cause of the exploit.
Ripple has now joined more than a thousand members of the ISDA to shape the global derivatives market and contribute to key decisions.
McHenry believes that stablecoins have the potential to play a huge role in the 21st-century payments system.