Tether co-founder launches rival stablecoin that offers yield
The USP stablecoin will allow users to earn yield backed by bonds and other real-world assets.
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Cryptocurrency News From Japan: May 17 – May 23 in Review
This week’s headlines from Japan included BitBank exchange adding three trading pairs, Bitpoint exchange posting decreased fiscal year totals, Bitpoint adding information on its 2019 hack, and Binance donating masks to Japanese nursing homes through its charity arm. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan.BitBank adds three more…

All fintech companies will use blockchain within 10 years: Aussie government report
Australian government report on the future of fintech and regtech suggests blockchain technology is critical to Australia’s future The Australian government’s Senate Select Committee on Financial Technology and Regulatory Technology has released a draft report citing blockchain technology more than 50 times.The report is in response to Australia’s first recession in 30 years as a…

Over 7M Americans Own BTC But Hold None In Retirement Accounts
Millions of U.S. citizens own both Bitcoin and a retirement account, but hold no Bitcoin in that retirement account. 1632 Total views 15 Total shares Ryan Radloff, CEO of custody solution Kingdom Trust, recently explained a vast number of Americans do not hold Bitcoin (BTC) in their retirement accounts. "There's 7.1 million Americans that have already…

Crypto community slams WazirX’s 'socialized losses' plan after hack
As WazirX navigates this crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community.

Binance Tackles Cryptocurrency Misinformation With Multilingual Educational Article Bank
Cryptocurrency exchange Binance has launched a collection of educational content comprising almost 500 articles in order to provide “unbiased” information about crypto and blockchain, a press release confirmed Dec. 12.Binance, which regularly tops the list of the world’s largest exchanges by volume traded, will initially support 15 languages via the project.The launch and development is…

Rich Dad Poor Dad Author: ‘Gold Guys are Being Phased Out’
Best-selling author Robert Kiyosaki says he still invests in gold, silver, and Bitcoin because he doesn’t trust the US government. 1561 Total views 26 Total shares Robert Kiyosaki, author of “Rich Dad Poor Dad,” says that investments in real estate and gold may not be the future of finance as cryptocurrency comes into focus.In a…

Brazilian court authorizes crypto seizure for debt collection — Report
Brazilian judges have been authorized to seize cryptocurrency assets from debtors who owe money and are behind on their payments, signaling a growing recognition that digital assets can be both a form of payment and a store of value. According to local media reports, the Third Panel of Brazil’s Superior Court of Justice unanimously authorized

International Anti-Money Laundering Standards for Crypto Expected in October
The Financial Action Task Force (FATF) said it is getting closer to the establishment of a global set of anti-money laundering (AML) standards for cryptocurrencies, Financial Times reported September 19.The FATF is an international organization established in 1989 at the initiative of the G7 in order to develop policies and standards to fight money laundering.…