Coinbase VP Warns Taxing DeFi is Impractical
Tax vice president at US leading crypto exchange Coinbase, Lawrence Zlatkin, warned that implementing the proposal to change the taxation rule targeting decentralized finance is...
Crypto Exchange Binance Suspends USD Withdrawals
Binance exchange has delisted USDC stablecoin trading and withdrawal options. Cryptocurrency investor Asher Hopp claimed that Binance.US has updated its Terms of Services (ToS). However,...
Venezuela’s Suited to ‘Special Crypto Utility’ Amidst Hyperinflation
Venezuela is moving to a ‘de-facto dollarization economy,’ thus contradicting cryptocurrency supporters’ claims. Owing to authoritarianism and hyperinflation, Venezuela has regularly been placed in a...
OpenTrade Introduces Tokenized Treasury Bills on Protocol Created by Circle
For each tokenized t-bill bought by an investor, OpenTrade is going to purchase an actual treasury bill and offer an on-chain identifier. OpenTrade, an institutional...
Stablecoin Legislation is Imminent Despite the Risk of Government Closure
Congressperson Patrick McHenry disclosed to Circle’s Chief Strategy Officer and Head of Global Policy that, at present, things are complex. On Friday, Patrick McHenry, House...
Circle Distances Stablecoins From Securities Label in SEC’s Case Against Binance
Despite arguing that BUSD and USDC are not securities, Circle amicus brief affirms its impartiality in the ongoing legal dispute. A court document filed Thursday...
Kraken User Lost $4.5 Million in a Phishing Scam
Phishing scams are often backed by 24/7 customer service chat support. These types of scams can give unsuspecting consumers false and misleading information. Such an...
Tether’s CTO Paolo Ardoino Testifying in Lawsuit Alleging Market Manipulation
Paolo Ardoino, who doubles as the chief technical executive at Tether and Bitfinex, is set to appear in court over the class-action lawsuit alleging both...
VISA to Expand its Stablecoin Settlement Capabilities to Solana’s Blockchain
Global payments processing company VISA has recently announced that it is planning to bring more options for financial transactions happening on cross-border scale. Circle stablecoin...
Visa Payments to Leverage Several Blockchains in Support of CBDC and Tokenized Deposits
A post by Cuy Sheffield cited skepticism linked to an early asset, when sluggish and chirping modems were the standard. The statement attracted scrutiny of...