SEC Chair Gary Gensler Takes His Anti-Crypto Vendetta to Congress
Politics

Coinme Hit With $4M Penalty by SEC

April 30, 2023 0

The U.S. Securities and Exchange Commission (SEC) has issued Coinme, Up Global, and Neil Bergquist, who led both companies, with combined fines of nearly $4 million. The fine, announced by the SEC on Friday, relates […]

Hong Kong Regulator Prompts Banks to Support Crypto Firms
Politics

Hong Kong Crypto Firms Get Boost From Regulator

April 29, 2023 0

The Hong Kong Monetary Authority (HKMA) has issued a circular calling on banks to support crypto firms. Dated April 27, the document reminds banks of their responsibility to provide access to banking services for legitimate […]

Public Sector Leads Transition to Digital Yuan Wage Payments
Politics

Chinese Government Pays Wages in Digital Yuan

April 23, 2023 0

In a bid to drive CBDC adoption, the Chinese government is pushing to pay state employees in digital yuan (e-CNY). Public Employees Receive Wages in Digital Yuan Considering it is arguably the most mature central […]

Binance Ends Russian Account Limits as Country Uses Tech to Bypass Sanctions
Politics

Binance Back Open for Business in Russia

April 23, 2023 0

Binance is reportedly allowing users to purchase crypto with Russian bank cards after curbing its service in the country following international sanctions. According to the Russian blogger Kirill Sergeev, the exchange quietly reintroduced compatibility with […]

Peter Schiff Mocks ‘Fool’s Gold’ Bitcoin Rally, Encourages Gold Buying Instead
Politics

Zimbabwe to Issue Gold-Backed Digital Currency

April 23, 2023 0

Zimbabwe’s central bank will launch a gold-backed digital currency, the national newspaper, The Sunday Mail reports. And although technically the tokens could be considered a form of central bank digital currency (CBDC), they are better […]