California Is Open to Allowing Crypto Political Donations

The first Securities and Exchange Commission witness in Nigeria's trial against Binance and its executives has been cross-examined. The money-laundering trial reconvenes on July 5. Tigran Gambaryan's health is deteriorating in jail, his family said. Nigeria's money laundering trial against Binance and two executives was adjourned until July 5 following the cross-examination on Monday of

Global anti-money laundering (AML) agency the Financial Action Task Force (FATF) has released its updated guidance for firms that handle cryptocurrency and virtual assets.It appears designed to corral much of the nascent industry into the existing regulatory framework for banks.After incorporating industry feedback from April 2021, the updated rules for so-called virtual asset service providers…

May 20, 2020 at 08:51 UTCUpdated May 20, 2020 at 09:02 UTCKeep Network says a flawed code addition forced the shutdown of its bitcoin-backed Ethereum token, tBTC, just two days after it launched.On May 18, deposits of bitcoin into tBTC were paused for 10 days – a move prompted by a bug that was supposedly…

Investors who hold less than one BTC continue to accumulate, as they have been doing for the past two months. Humpback whales who hold over 10K BTC, continue to distribute coins, extending the two-month trend. Long-term holders, on average, seem unfazed about this rally and continue holding onto bitcoin, demanding higher prices. 01:01 Bitcoin Breaks

Binance.US and its founder, majority shareholder, and chairman, Changpeng Zhao, are looking into strategies for decreasing Zhao's ownership in the crypto exchange, The Information reported.According to The Information's reporting, executives at Binance.US have deliberated on how this potential reduction in Zhao's stake might enhance the company's reputation amongst U.S. regulatory authorities.Zhao is a Canadian citizen,…

Mar 17, 2020 at 11:45 UTCUpdated Mar 17, 2020 at 11:48 UTCViewBitcoin's MVRV Z-score suggests the cryptocurrency is under-priced and could be trading near a major bottom. Short-term technical charts indicate scope for a test of price resistance near $5,900.A violation of an ascending trendline support on the 4-hour chart would expose the recent low…

Dec 4, 2020 at 10:28 a.m. UTCStripe Partnering With Goldman, Citigroup, Others to Offer Checking Accounts, Services: ReportPayments processor Stripe is teaming up with banks like Goldman Sachs, Citigroup, and Barclays to provide checking accounts and other banking services, reports the Wall Street Journal.Stripe, which processes payments for online businesses and e-commerce platforms, will soon…

After growing in Latin America, the firm wants to bring its micro-loans and stablecoin savings features to other emerging markets. Toronto, Canada(Claudio Beiza/Shutterstock)Feb 8, 2021 at 1:35 p.m. UTCCanadian Crypto Lender Ledn Raises $2.7M for Emerging Markets ExpansionCanadian cryptocurrency lender Ledn is aiming to do in other emerging markets what it did in Latin America,…

The Bored Apes Yacht Club NFT collection experienced a significant price decline of over 90%, dropping from a peak of 120 ETH to just over 10 ETH. This decline reflects a broader waning interest in Ethereum-based NFT collections.Despite the hype and celebrity endorsements, the Bored Apes collection has seen a substantial decrease in value, with