The Minister of State for IT Rajeev Chandrasekhar is going against the ideas set forth on crypto by the Reserve Bank of India (RBI). In a recent interview, he claimed that should all crypto-based laws set forth by the country’s present regulators be obeyed by investors and traders alike, all […]

In light of the continuing investigation by New York regulators, blockchain infrastructure platform Paxos Trust Company will stop issuing new Binance USD (BUSD) stablecoins. The third-largest stablecoin in the world, Binance USD, is purportedly under scrutiny by the SEC.  The Securities and Exchange Commission intends to file a lawsuit against […]

Blockchain infrastructure platform Paxos Trust Company will halt the issuance of new Binance USD (BUSD) stablecoins amid the ongoing probe by New York regulators. Paxos officially announced on Feb. 13 that the firm would end its relationship with Binance for the branded U.S. dollar-pegged stablecoin BUSD. Starting from Feb. 21, […]

The Dogecoin (DOGE) community was delighted by Elon Musk’s unexpected support during this year’s Super Bowl over the weekend.  While wearing a Dogecoin-themed t-shirt, Musk was spotted sitting next to media mogul Rupert Murdoch, the owner of the Fox empire and this year’s broadcaster of the Super Bowl. Notably, Musk […]

Robert Kiyosaki, an American author, and entrepreneur remains unflinching in his belief in the king coin despite the fact that Bitcoin’s price has continued to go down a little bit. Kiyosaki has projected that the price of bitcoin would reach half a million dollars as people lose trust in the […]

Recently reported planned enforcement action against Paxos by the United States Securities and Exchange Commission (SEC) over Binance USD (BUSD) has many in the community questioning how the regulator could see a stablecoin as a security. Blockchain lawyers told Cointelegraph that while the answer isn’t black and white, there exists an argument […]

Eddy Alexandre, CEO of purported crypto trading platform EminiFX has pleaded guilty to commodities fraud in a New York district court, agreeing to pay back millions to investors who lost funds to his “cryptocurrency investment scam.” The United States Department of Justice (DOJ) announced on Feb. 10 that Alexandre submitted […]

The United States Securities and Exchange Commission (SEC) has reportedly told stablecoin issuer Paxos Trust Co. it’s planning to sue the firm for violation of investor protection laws in relation to Binance USD (BUSD).  According to a Feb. 12 report in The Wall Street Journal citing people familiar with the […]

Mississippi’s state Senate has passed a bill to protect cryptoasset miners from being discriminated against on electricity rates.  According to a report by Cointelegraph, the state Senate has passed the Mississippi Digital Asset Mining Act, which now awaits its companion bill to make it through the state’s House of Representatives.  […]

FTX may restart. That’s the crazy news for today, that one of the biggest crypto debacles could eventually turn itself around. The news has been greeted with positivity given that FTT – the native token of the now defunct crypto exchange – has risen by more than 35 percent at […]