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Paxos in ‘Constructive Talks’ With SEC Following Enforcement Action on Binance USD (BUSD): Report

New York-based crypto company Paxos Trust Company is in “constructive talks” with the U.S. Securities and Exchange Commission (SEC) following enforcement actions surrounding stablecoin...

What Are Stablecoins and How Do You Use Them?

In brief Stablecoins are cryptocurrencies "pegged" to a fiat currency. They can be used as stores of value or units of account, as well as in...

These aren’t the apps you’re looking for: fake installers targeting Southeast and East Asia

ESET researchers have identified a campaign using trojanized installers to deliver the FatalRAT malware, distributed via malicious websites linked in ads that appear...

Regulatory and Legislative Analysis #7

Regulatory and Legislative Analysis #7February 11, 2023Demetrios TseasRegulatory and Legislative Analysis – GlobalBIS bulletin addresses the risks in crypto and lays out the optionsOn...

Stablecoin issuer Paxos probed by New York regulator

Paxos Trust, the issuer of Binance’s BUSD stablecoin, is reportedly being investigated by the New York State Department of Financial Services (NYDFS).See related article:...

Weekly Market Wrap: Bitcoin retreats below US$22,000 after a record January. Is the strong start to 2023 reversing?

Bitcoin, the world’s largest cryptocurrency by market capitalization, fell 3.92% in the week from Feb. 3 to Feb. 10, trading at US$21,848 at 6...

Paxos Under Investigation By US Authorities: Report

Paxos has been trying to secure a national trust bank charter for a while now. There have been rumors that the firm has...

Paxos refutes bank charter rejection rumors

Ad Brokerage and stablecoin issuer Paxos said it had not been denied a national bank charter from the Office of the Comptroller of the...

“Operation Choke Point 2.0”: Is US Planning Crackdown Against Crypto Market?

The Biden Administration secretly plans a widespread crackdown against the crypto market. Several influential figures in the crypto market have warned of an...

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts

Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions...

India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’

India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year....

Surely you can’t be serious: Airbus close to landing fully automated passenger jets

UpNext, Airbus's future technology-focused subsidiary, reported on Thursday that it has entered the final three months of testing tech it hopes will automate the...

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