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” Here’s how Binance is mitigating its stablecoin needs after BUSD ban “ Binance has turned to a new set of stablecoins in the wake of the United States Securities and Exchange Commission’s (SEC) regulatory action against its native stablecoin, BUSD. SEC had sent a Wells notice, alleging BUSD is in violation of the U.S….
” Terraform Labs co-founder Do Kwon gets probed by Singaporean authorities “ Local authorities in Singapore announced they had begun a probe that is connected to Do Kwon’s Terraform Labs. According to a Bloomberg report, Singaporean police sent an email on March 6, which said, “investigations have commenced in relation to Terraform Labs.” The email…
” Iran completes pre-pilot phase of central bank digital currency “ Iran is moving forward with its central bank digital currency (CBDC) plans, completing preliminary research for the launch of a potential digital rial. The Central Bank of Iran (CBI) has successfully completed a pre-pilot phase in the development of Iran’s CBDC, according to an…
” Internal documents reveal Australia’s potential timeline for crypto legislation: Report “ Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order to get a full picture of the industry — internal documents from the government have revealed. The documents, obtained by The…
” Binance tried to hire Gary Gensler in 2018 for closer ties with U.S. regulators: Report “ Crypto exchange Binance sought to hire Gary Gensler as an advisor before he became chairman of the United States Securities and Exchange Commission (SEC), according to a Wall Street Journal report based on messages and documents from 2018…
” ‘Sorry for spreading a rumor’, says podcaster on Lido’s FUD “ Co-founder of content studio Bankless David Hoffman apologized for spreading rumors about what he called a “Wells Notice Carpet Bombing” targeting crypto firms, including the decentralized finance protocol Lido Finance. “Carpet bombing” was a reference to an allegedly flood of well notices sent…
” Can blockchain help combat climate change? “ With rising temperatures, melting ice caps and more frequent and intense extreme weather events, the effects of climate change are becoming more and more obvious. There is an urgent need to prevent climate change, and numerous technologies and methods are being investigated to do so. Blockchain technology…
” Binance recommends P2P as Ukraine suspends hryvnia use on crypto exchanges “ Ukraine temporarily suspended the use of its national currency, the hryvnia, via banking cards for fiat deposits and withdrawals on crypto exchanges. While the move immediately impacted how investors move funds to and from exchanges, Binance reminded users about how peer-to-peer (P2P)…
” The crypto industry has ‘already started’ moving outside US, says Ripple CEO “ The United States Securities and Exchange Commission (SEC) regulation through “enforcement,” as opposed to “doing the work,” is not a “healthy way” to regulate an industry, and may result in the U.S. being a less attractive place for crypto innovation, suggests…
” CZ denounces false rumor ‘widely’ spread on China’s WeChat “ Binance CEO Changpeng “CZ” Zhao has denied a rumor that he had been “shot” by the U.S. federal law enforcement agency, which was “spread widely” across a Chinese messaging platform, in a recent tweet. In a Mar. 4 tweet, CZ addressed the false speculations…