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...
Fed Collaborating with Central Banks to Improve Dollar Funding through Swap Lines
On March 19, the Fed announced plans to team up with five apex banks outside the US to develop strategies to maintain the dollar's value...
UBS Acquiring Credit Suisse for $3.25 Billion Deal
On March 19, the UBS team agreed to acquire the embattled investment bank Credit Suisse at a $3.25 billion buyout deal. The report revealed that...
New York Attorney General Sues KuCoin for Selling Unregistered Securities such as Ethereum
The Attorney General of New York, Letitia James, has registered a lawsuit against the KuCoin project. The lawsuit aims to prosecute the cryptocurrency project as...
Bitcoin Price Jumps as the US Government Tries to Stop Banking Crisis
Bitcoin prices have shown recovery during the last 24 hours. The flagship currency has risen from a slipping price range of $20K and regained $26K...