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Article by Steve Kaaru

Facebook’s Diem to sell assets for $200M after botched stablecoin attempt
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31 January, 2022

Facebook’s Diem to sell assets for $200M after botched stablecoin attempt

Diem is reportedly in talks with Silvergate Bank for the sale of the Diem project’s assets as it seeks to...
Florida’s Cryptsy exchange founder indicted over allegedly stealing $1M and destroying evidence
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31 January, 2022

Florida’s Cryptsy exchange founder indicted over allegedly stealing $1M and destroying evidence

Paul Vernom faces a 17-count indictment in connection with his alleged crimes, with 16 of the charges carrying a maximum...
Digital currency-friendly Adrienne Harris confirmed as NYDFS new chief
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29 January, 2022

Digital currency-friendly Adrienne Harris confirmed as NYDFS new chief

Adrienne Harris is taking over one of the toughest agencies, but having worked with digital asset companies, she’s expected to...
Binance knowingly ignored AML, KYC checks and Changpeng Zhao knows it: report
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28 January, 2022

Binance knowingly ignored AML, KYC checks and Changpeng Zhao knows it: report

A special report by Reuters has unearthed the rot at Binance, including how top execs made fun of anti-money laundering...
IMF to El Salvador: Remove BTC as legal tender
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28 January, 2022

IMF to El Salvador: Remove BTC as legal tender

The IMF says that El Salvador is at a heightened risk with its financial and market integrity, financial stability, and...
Bulgaria exploring digital currency payments options: report
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28 January, 2022

Bulgaria exploring digital currency payments options: report

The Minister of Finance in Bulgaria told Bloomberg that the government is in talks with the central bank and some...

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