UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded

On Aug. 19, the standoff between Bitcoin Cash (BCH) and Bitcoin (BTC) took a new twist, as one of the industry’s most controversial Twitter accounts — with nearly a million followers — changed its views overnight.The account in question, @Bitcoin, has had a history of promoting Bitcoin Cash. Arguably the crypto industry’s biggest turnaround, @Bitcoin…

Belgium’s Financial Services and Markets Authority (FSMA) has updated its blacklist of cryptocurrency-related websites associated with fraudulent activity.The FSMA made the update following a number of complaints from Belgium-based users who dealt with fraudulent offers of investment in digital currencies, according to a Feb. 21 announcement. After the latest revision, the FSMA’s list now includes…

Food-related DeFi projects have slowly taken over crypto in the last quarter, with many of these projects suffering from contentious issues, like the Uniswap fork, SushiSwap's vampire attack, and the market dump of $13 million worth of Ether (ETH) by lead developer Chef Nomi. Then there’s the infamous Hotdog DeFi meme coin which dumped 99.9% hours…

New York lawmakers proposed a bill on a peer-to-peer (P2P) savings and payment platform called the “New York Inclusive Value Ledger.”Introduced by New York State Assembly legislator Ron Kim and Senator Julia Salazar, the bill proposes to set up the “empire state inclusive value ledger establishment and administration act” that would create a system of…

Trading platform eToro has recently unveiled blockchain-driven social project GoodDollar to tackle global wealth inequality, according to a press release obtained by Cointelegraph Wednesday, Nov. 7.GoodDollar had been presented at Web Summit held this week in Lisbon, Portugal. According to the release, eToro has invested $1 million of its funds to the project and is…

Consensys founder Joseph Lubin has informed teams in India and the Philippines that their offices will be closing down.Consensys confirmed to Cointelegraph that local offices in India and the Philippines would indeed be shut down and that 11 employees are being laid off. A spokesperson for ConsenSys said:"A total of 11 roles were eliminated in…

As Litecoin (LTC) celebrated its eighth birthday on Oct. 13, its founder Charlie Lee had to fend off crypto Twitter’s FUD — fear, uncertainty and doubt — about the altcoin.Lee’s original post was the exuberant announcement that:“Litecoin network has been up and running continuously for the past 8 years with zero downtime. And in that…

Jameel Ahmad, the deputy governor of the State Bank of Pakistan (SBP), the nation’s central bank, declared that the institution aims to issue a digital currency by 2025, Pakistani YouTube news channel Public News reported on April 1.English-language local media Dawn also reported today that Asad Umar, Pakistan’s finance minister, prompted the official’s statement during…

The lawyers for Alexander Vinnik, the alleged operator of defunct crypto exchange BTC-e, have filed a complaint alleging violation of Vinnik’s rights.Written on behalf of Vinnik’s young children, the complaint has been filed with a Greek court to prevent the allegedly approaching criminal’s extradition to France and the United States.Vinnik’s extradition from Greece was allegedly…