Silicon Valley Bank Finds New Home With First Citizens Bank
In a significant move to expand its presence in the tech industry, First-Citizens Bank & Trust Company recently announced an agreement to acquire all deposits...
Senator Ted Cruz Proposes Bill to Block Fed CBDC from Launching
In a move that could have significant implications for the future of digital currency in the United States, Senator Ted Cruz has proposed legislation that...
This Week in Crypto – Tron Founder and Coinbase Become the Latest SEC Targets
The Securities and Exchange (SEC) continued its enforcement actions this week, leveling charges against Tron's founder Justin Sun and serving US top crypto exchange Coinbase...
SEC’s New Crypto Risk Warning Sparks Outrage Among Community During TradFi Turmoil
The cryptocurrency sphere is currently abuzz with discussions about the perceived partiality of the US Securities and Exchange Commission (SEC) in its oversight of the...
US Prosecutors Accusing Do Kwon of Fraud
A court in the US has charged Terraform Labs chief executive Do Kwon for engaging in a fraudulent scheme. On March 23, Do Kwon was...
UAE Central Bank to Implement CBDC Strategy
On March 23, the United Arab Emirates apex bank penned a partnership agreement with the leading Abu Dhabi- based financial provider G42 Cloud and R3...
Nigeria CBDC Adoption Increases Following a Shortage in Fiat Currency
The decision made by Nigerian financial watchdogs to replace the old fiat currencies has increased the adoption of central bank digital currency eNaira. The global...
OneCoin Ex-Compliance Manager Facing 40 Years Imprisonment Over Crypto Fraud
A court in the United States accuses Irina Dilkinska, the former compliance manager at OneCoin, of engaging in fraudulent crypto activity. The March 21 court...
European Parliament Passes New Data Bill Requiring Smart Contracts to Add Kill Switch
The European Parliament has not been very positive towards the cryptocurrency market. Recently, the parliament has introduced a new Data Act that is going to...
Circle Expands to France to Establish Headquarter in Paris
On March 21, the popular issuer of USD Coin (USDC) Circle Internet Financial Ltd. revealed plans to pursue the French market. According to the press...