According to the FinCEN order, Bitzlato has been used to launder as much as $700 million since its inception, and according to the terms of the order, the regulator wants the named counterparties to stop doing business with Bitzlato.
NAB chief innovation officer Howard Silby said the decision to mint the AUDN stablecoin, which is backed 1:1 by the Australian dollar (AUD), was based on the bank’s belief that blockchain infrastructure will play a key role in the new evolution of finance.
Crypto firm 21Shares recently launched the world’s first crypto staking ETP on the local stock exchange BX Swiss.
The Ripple boss hinted some optimism, stating that there may finally be a resolution to its legal battle with the SEC.
The DOJ has ordered the arrest of Bitzlato founder Anatoly Legkodymov for allegedly aiding and abetting financial impropriety.
The EURM token will be backed 1:1 with physical euros that are held at Banco Bilbao Vizcaya Argentaria (BBVA) and Caixabank.
The Consensys CEO lashed out at CeFi companies stating that the recent events have exposed their ill behavior and further opened the gates for DeFi to flourish.
Sources familiar with the matter said that Genesis might file for Chapter 11 bankruptcy as negotiations with creditors aren’t succeeding so far.
Musk argued in his 2018 tweets that taking Tesla private could save a lot of headaches for the company’s management.
The Rarible NFT marketplace chose Polygon (MATIC), an Ethereum scaling solution, due to its high NFT adoption rate.
According to Binance’s announcement, to use the full range of its services, customers will have to sign new Terms and Conditions with Binance Poland sp. z o.o.
Metaverse decentralized infrastructure service provider OVER has launched its much-awaited OVER GATE Console as it seeks to play a more dominant role in the evolution of Web3.0 through the powers of Augmented Reality.
The EU deferred its final MiCA legislation vote for the second time in two months.
Embattled crypto exchange FTX fingered a $415 million hack from November as part of assets recovered to pay off creditors.
Coinbase says that its customers in Japan have a 1-month deadline to withdraw all holdings, as operations would cease after that.