Nigeria’s central bank denies directive to freeze digital asset bank accounts
After news outlets reported on the directive supposedly issued to multiple banks, the Central Bank of Nigeria denied it amid a nationwide digital currency crackdown.
After news outlets reported on the directive supposedly issued to multiple banks, the Central Bank of Nigeria denied it amid a nationwide digital currency crackdown.
The Gillibrand-Lummis bill intends to distinguish Tether and Circle as lawmakers look to allow state non-depository trust companies to issue stablecoins with market caps below $10 billion.
As criminals become more innovative, the chances of rogue individuals taking advantage of "cryptos" in funding their ideologies increase, forcing the Treasury to call for tools to combat the issue.
On this week's CoinGeek Weekly Livestream, Kurt Wuckert Jr. answered viewer questions about the BTC price rally, the latest events in the BSV blockchain, progress with Teranode, and more.
A new report by John Griffin and graduate student Kevin Mei made waves last week, claiming that pig butchering has stolen over $75.3 billion from its victims as of February 2024.
Circle Internet Financial, the issuer of the USDC stablecoin, said it was immediately halting new mints of USDC on Tron and would halt all support for USDC on Tron by February 2025.
Tether noted that it prepared its reserves report "using the recognition and measurement principles" of the IFRS without making sufficient disclosures to actually comply with the IFRS.
The charges against Xue 'Sam' Lee, accusing him of orchestrating the scheme that took $1.89 billion from its 'investors' between June 2020 and November 2022, were originally filed on January 25.
The UNODC report details Tether's role in the massive underground banking networks that support Macau's casino 'junket' operators as well as illegal China-facing online gambling sites.
India's FIU issued 'compliance show cause' orders to nine digital asset exchanges alleging them of "operating illegally without complying" with the Prevention of Money Laundering Act."
Howard Lutnick, the CEO of U.S. trad-fi giant Cantor Fitzgerald, declared himself "a fan" of Tether stablecoin partly because he holds their treasuries, which is over $90 billion now.
While Tether attempts to disassociate itself from entities and individuals on Office of Foreign Assets Control’s SDN list, Coinbase is acting tough as it continues to show its rejection of the Office's sanctions list.