China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’

Jeremy Allaire, co-founder and CEO of payments company Circle, has said that as the sector continues to see new market entrants, stablecoins using an open standards approach will prevail. Allaire made his remarks during an interview with Fortune’s crypto-focused segment The Ledger on March 19.As reported, Circle launched its US dollar-backed, ERC-20 stablecoin USD Coin…

FTX CEO Sam Bankman-Fried has said that acquiring Goldman Sachs and CME “is not out of the question,” if the exchange beats competition from Binance and Coinbase. 1546 Total views 5 Total shares Hong-Kong-based billionaire Sam Bankman-Fried has stated that FTX may consider buying U.S. financial giant Goldman Sachs and exchanges such as Chicago Mercantile…

The London Stock Stock Exchange Group (LSEG) has led a $20 million investment round in fintech startup Nivaura, Reuters reported on Feb. 27. The British blockchain startup is the developer of the world’s reportedly first crypto-denominated, blockchain-settled bond.According to Reuters, LSEG paid an undisclosed amount for a minority equity stake in Nivaura.  The startup provides…

The German government got rid of all of its Bitcoin, but it could still be a bit early to expect a trend reversal in BTC price.

United States-based payments firm Square’s Cash App has reportedly blocked the personal account of the founder of controversial social media site Gab, according to a tweet from Gab Jan. 8.The move was reported just after Gab announced that the firm had sent an email to its user base promoting Cash App and Bitcoin (BTC). In…

Coinbase and SoftBank have participated in a $26 million funding round for Latin America’s largest crypto asset management firm. 690 Total views 3 Total shares Hashdex, the Rio de Janeiro-based crypto asset manager with over 4 billion Brazilian real ($765 million) in assets under management, has raised $26 million in new funding round from investors.According…

United States-based software corporation Microsoft has removed eight Windows 10 applications from its official app store after cybersecurity firm Symantec identified the presence of surreptitious Monero (XMR) coin mining code. The news was reported by Symantec on Feb. 15.Stealth crypto mining — also know as cryptojacking – works by installing malware that uses a computer’s…

As been reported by TechCrunch Sept. 6, stock and cryptocurrency trading platform Robinhood is planning to launch an initial public offering. Now the company is looking for a chief financial officer (CFO). Robinhood CEO Baiju Bhatt added that the startup is undergoing a spate of audits from the U.S. Security and Exchange Commission (SEC) and…

Ethereum's native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out.Ethereum chart paints bearish patternETH's price fell to its six-month low of $2,159 on Jan. 24, 2022, only to rebound sharply to as high as $2,724 days later. However,…