Individuals with compatible external wallets, as well as merchants who embrace PYUSD for payments, will be able to receive transfers from Venmo users.
In a bid to douse the fears of users about the safety of their funds, however, the platform has published a compensation plan.
The price of Bitcoin is still above $27k as investors and stakeholders await monetary policy announcements from regulators worldwide.
Grayscale’s decision to file for an Ether futures ETF comes on the heels of a significant legal victory against the US Securities and Exchange Commission (SEC).
More than the risks to its financial reserves, and all the news about withdrawals, there is yet another reason that currently ticks off investors about Huobi.
According to the DOJ, Russell defrauded at least 29 investors from the scheme of around $1.5 million.
The “Stand with Crypto” campaign will have a strategic focus on nine specific states in the United States: New Hampshire, Nevada, Ohio, Pennsylvania, Arizona, California, Georgia, Illinois, and Wisconsin.
The move comes shortly after the beleaguered crypto exchange FTX filed a lawsuit against the parents of its founder, Joseph Bankman and Barbara Fried, both distinguished professors at Stanford Law School.
A major part of SEC’s probe into Binance.US borders around Ceffu, even as the regulator seeks to affirm that the US exchange’s assets won’t be transferred overseas.
SBF’s parents are said to have received millions of dollars from FTX and used political donations amounting to over $100 million to cover up.
The SEC enforcement chief stated that the agency’s interest in crypto goes much beyond the high-profile cases with a number of DeFi businesses on its radar.
Circle emphasized that Circle Account and Circle APIs will exclusively facilitate the use of Polkadot USDC, natively issued within the Polkadot Asset Hub.
While all the predictions from influential figures and institutions mentioned in our article provide intriguing insights, it’s always crucial to approach them with caution.
The Hong Kong Securities and Futures Commission, in their statement regarding the arrest of the alledged fraudsters, pointed out that JPEX was not licensed and lacked the authority to host a cryptocurrency trading platform within the community.
Zodia Custody will now offer yield on digital assets to institutional clients in addition to providing its custody services.