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Search Results for: terra

Banq files for bankruptcy as Prime Trust’s struggles spread
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15 June, 2023

Banq files for bankruptcy as Prime Trust’s struggles spread

Nevada-based 'crypto-friendly' payment processor Banq Inc's Chapter 11 bankruptcy filing lists around $18 million worth of assets, nearly all of...
Do Kwon may face prison time in US, South Korea amid tight extradition race
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12 June, 2023

Do Kwon may face prison time in US, South Korea amid tight extradition race

South Korean prosecutor Dan Sunghan thinks that sending Do Kwon to South Korea is the most rational decision to recover...
MUFG to onboard Japanese banks on its stablecoin issuance platform
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11 June, 2023

MUFG to onboard Japanese banks on its stablecoin issuance platform

MUFG revealed that it would collaborate with blockchain infrastructure providers TOKI and Datachain to create a bridge to facilitate cross-chain...
Filipino fintech launches stablecoin targeting the unbanked and remittances
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8 June, 2023

Filipino fintech launches stablecoin targeting the unbanked and remittances

Launched by Smart Citi, it will be the second stablecoin in the Philippines and plans to tap the $36 billion...
India’s central bank is keen on steering G20 toward macro risks posed by digital currencies
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6 June, 2023

India’s central bank is keen on steering G20 toward macro risks posed by digital currencies

While Indian regulators are focused on protecting retail investors, the broader payments ecosystem faces significant risks from digital currencies, according...
SEC sues Binance for ‘calculated evasion’ of US securities law
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6 June, 2023

SEC sues Binance for ‘calculated evasion’ of US securities law

The U.S. Securities and Exchange Commission (SEC) filed 13 charges against Cayman-registered Binance Holdings Ltd, Delaware-registered BAM Trading Services—which operates...
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