General News
CFTC Chairman Accuses Binance Leadership of Operating Outside U.S. Laws
Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), recently spoke out against Binance and its leadership, alleging that the cryptocurrency exchange knowingly...
Justin Sun Subpoenaed by U.S. District Court in SEC Civil Case
The U.S. District Court for the Southern District of New York has issued a subpoena to Justin Sun, the founder of Tron, in connection...
Solana Announces Launch of Crypto-Focused Saga Smartphone
Solana has revealed the launch date for its crypto-centric Saga smartphone, with pre-ordered devices already being shipped. Solana Labs has officially confirmed that its...
Spanish Tax Administration Agency Targets Crypto Tax Evaders
The increasing popularity of cryptocurrencies has led to greater government oversight and taxation on investors. However, a significant number of Spanish taxpayers have chosen...
Bitmain Fined $3.7 Million for Tax Violations in China
Beijing-based cryptocurrency mining company Bitmain has been hit with a significant tax penalty for reportedly violating tax regulations in China. According to local news...
Texas Proposes First State-Based Gold-Backed Digital Currency
Two identical bills have been introduced in Texas, proposing the creation of a gold-backed digital currency, marking the first of its kind at the...
Crypto Exchange GDAC Reports $13 Million Hack on Hot Wallet
South Korean cryptocurrency exchange GDAC has reported a security breach on its platform, resulting in a loss of $13 million worth of digital assets...
Binance.US Struggles to Establish Direct Banking Relationship in the US
Binance, the global cryptocurrency exchange, is facing challenges in establishing a new bank partner to serve as a fiat on-ramp and off-ramp for its...
FedNow CBDC Under Fire: DeSantis Warns of Threats to US Financial Freedom
Florida Governor Ron DeSantis has expressed concern about the Federal Reserve's upcoming digital currency, known as the FedNow CBDC, and its potential impact on...
Thai Prime Minister Candidate Promises Digital Currency Airdrop
Real estate mogul and prime minister candidate Srettha Thavisin is promising to distribute digital currency to every citizen of Thailand if his political party,...
Binance Loses Derivatives License in Australia Following Self-Revocation Request
Binance, the world’s largest cryptocurrency exchange, has faced a lot of trouble lately, and it appears that this trend continues. The latest bad news...
Swiss state-owned PostFinance partners with Sygnum to offer crypto services
PostFinance, a Swiss financial services company owned by the government, has partnered with digital assets bank Sygnum to provide regulated crypto services to its...