U.S. SEC Subpoenas PayPal About USD Stablecoin, Company Says
In August, PayPal said it was entering the cryptocurrency market with its own U.S. dollar-pegged stablecoin, PayPal USD.
The Case Against Sam Bankman-Fried
The jury will begin deliberations by the end of Thursday.
Swiss National Bank to Work With SIX Digital Exchange, 6 Banks on Wholesale CBDC Pilot
The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange.
Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says
The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal with parent company DCG.
St.Galler Kantonalbank Works With SEBA Bank to Offer Swiss Customers Bitcoin, Ethereum
The first tier of customers will be wealth-management clients; retail customers are next in line, and other coins and staking services are planned, said SEBA Bank’s Christian Bieri.
Bitcoin Put Options, Which Offer Downside Protection, Look Unusually Cheap. Will the Situation Last?
Historically, puts have seldom traded at cheaper valuations for a prolonged period.
Crypto at the Center of $300M Fraud Case in China
21 people were sentenced in a case involving converting ‘dirty’ USDT to RMB.
A Year After Sam Bankman-Fried’s Downfall, Solana and Other FTX Holdings Are Flying High
The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.
Sam Bankman-Fried’s Defense Argues Ex-FTX CEO Acted ‘In Good Faith’ In Emotional Closing Argument
The alleged fraudster appeared on the verge of tears as his defense wrapped.
Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections
The CFTC denied a valid hedging option when it rebuffed a plan to offer event contracts for traders to bet on political outcomes, the company said.