PayPal, Ernst & Young settle first corporate payment via PYUSD stablecoin

The US Supreme Court made a ruling on June 23 which will limit the amount of fines the SEC can impose on crypto and blockchain firms. 846 Total views 16 Total shares The United States Securities Exchange Commission (SEC) has new regulatory limitations when it comes to punishing defendants with fines. The ruling would have…

Bitcoin (BTC) will have a 5% market share of the entire world by 2023, serial VC investor Tim Draper told FOX Business in an interview on May 10.Speaking on the sidelines of the Salt Conference in Las Vegas, Draper — who has become a stalwart bitcoin advocate — said the largest cryptocurrency would continue to…

In April 2022, a judge sentenced Virgil Griffith to 63 months in prison for violating U.S. sanctions on North Korea.

The Japanese city of Tsukuba, north of Tokyo, has recently tested a voting system based on blockchain technology, local newspaper The Japan Times wrote Sunday, September 2.The city, which The Japan Times described as a “center for scientific research,” held the voting trial in late August. As Cointelegraph Japan reported earlier, in order to vote…

The Thai SEC is seeking public input for newly proposed crypto custody regulations until late September. 775 Total views 7 Total shares The Securities and Exchange Commission (SEC) of Thailand continues introducing new regulations for the cryptocurrency industry, citing investor protection concerns.On Wednesday, the Thai SEC proposed a set of additional regulations related to custody of…

Russian deputies have removed the definition of crypto mining from a draft bill on digital currency regulation ahead of its next reading in the State Duma, major local news agency Interfax reports Oct. 19. Consequently, the new law will not clarify tax issues for miners.The chairman of the Duma Committee on Financial Markets Anatoly Aksakov…

Stablecoin issuers including Tether, Circle, and others have spent well over a million dollars lobbying lawmakers on Capitol Hill since the start of 2022, according to recent data.Stablecoins have become the center of attention in Washington DC recently as pressure mounts to roll out a regulatory framework for dollar-pegged digital assets. Tether uses the law…

The ‘Ledger hacker’ who siphoned away at least $484,000 from multiple Web3 apps on Dec. 14 did so by tricking Web3 users into making malicious token approvals, according to the team behind blockchain security platform Cyvers. According to public statements made by multiple parties involved, the hack occurred on the morning of Dec. 14. The

At least one bank appears to have changed course after OnlyFans went public about banks blocking payments. 1332 Total views 6 Total shares OnlyFans has made a sharp u-turn on its decision to ban sexually explicit content after it received a  backlash from creators and some new assurances from at least one bank suffering bad…