Tether Announces Plans for UAE Dirham-Pegged Stablecoin
The proposed Dirham-pegged token will join Tether's existing lineup of stablecoins, which includes those pegged to the US Dollar and Euro.
Binance Hit With Fresh Class Action Lawsuit Over Money Laundering Allegations
The lawsuit alleges that Binance’s negligent compliance practices allowed bad actors to use the platform to launder stolen crypto.
Binance Faces Renewed Legal Battle Over Alleged Crypto Money Laundering
Binance and its former CEO, Changpeng Zhao (CZ), are facing a revived class action lawsuit in the U.S. District Court for the Western District of Washington, Seattle. The lawsuit, filed…
Roman Ziemian Arrested in Montenegro for Alleged $21 Million Cryptocurrency Fraud
Roman Ziemian, co-founder of the cryptocurrency platform Futurenet, was arrested in Montenegro for allegedly orchestrating a $21 million cryptocurrency fraud scheme. The arrest was part of an international law enforcement…
Ledn Secures Landmark $50 Million Bitcoin-Backed Loan From Sygnum to Expand Retail Lending Operations
Ledn, a crypto lending firm, has secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group. This loan will be used to expand Ledn’s retail…
RBI Report Highlights India’s Central Bank Digital Currency Development
India’s central bank, the Reserve Bank of India (RBI), published its August bulletin on Monday. The report discusses several aspects of central bank digital currency (CBDC) and its implications. The…
Hong Kong Lawmaker Calls for DAO Regulation to Boost Web3 Investments
Hong Kong lawmaker Johnny Ng Kit-chong has called for a legal framework to regulate decentralized autonomous organizations (DAOs) to boost Hong Kong’s Web3 investment landscape. Ng said a recent High…
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