Latest Articles
DCG Settles Short-Term Debts and Plans for the Long-Term Genesis Repayment
DCG clears $1B in short-term debt but faces a $1.1B note for Genesis. Despite serious financial difficulties, DCG’s debt repayment demonstrates perseverance. Digital Currency Group…
Russia Set to Launch Two Crypto Exchanges to Power Global Trade
Russia is set to launch crypto exchanges in Moscow and St. Petersburg, aimed at enhancing foreign trade. The new exchanges will initially target to large…
PayPal Teams Up with Anchorage to Launch Interest Rewards for PYUSD Holders
PayPal collaborates with Anchorage Digital to offer interest rewards on PYUSD holdings. The initiative is meant for institutional investors who operate outside of US regulatory…
FBI Turns to NFTs for CluCoin Crypto Fraud Restoration
FBI to use NFTs for $1.14 m settlement in CluCoin crypto fraud case. CluCoin founder Austin Taylor faces up to 20 years in prison after…
Nvidia Faces Legal Showdown as TDC Warns of Crypto Lawsuit Surge
Nvidia faces a revived lawsuit claiming concealment of GPU sales to crypto miners. TDC is concerned that Nvidia’s lawsuit could lead to more crypto-related cases.…
DBS Bank Singapore Rolls Out Blockchain-Based Government Grants Pilot
DBS Bank is implementing a blockchain pilot for government grant disbursements in Singapore. The pilot project initiatives to improve fund distribution and eliminate manual oversight.…
Abu Dhabi Advances Fiat-Referenced Token Regulation with New Framework
FSRA’s latest proposals seek to regulate Fiat-Referenced Tokens (FRTs) to improve stability. FSRA will assess feedback submitted by the public until October 3 before making…
Nigeria Set to Introduce Crypto Tax Law by September
Nigeria’s FIRS plans to introduce a crypto tax law by September to address regulatory gaps. The changes aim to modernize Nigeria’s revenue structure and regulate…
Polygon launches Major MATIC-to-POL Shift on September 4, 2024
MATIC tokens on Polygon PoS will automatically convert to POL on September 4. POL will serve as the primary token for gas fees and staking…
