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World’s Largest Regional Organization to Switch to Settlements in National Currencies

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A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a…

Reporte: Terraform Labs Co-Founder Indicted on Fraud Charges in South Korea

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Recent local reports have brought to light that Shin Hyun-seong, also known as Daniel Shin, co-founder of Terraform Labs, has been indicted by the Seoul Southern District Prosecutors’ Office on charges of fraud. Along with nine others, Shin is suspected of…

China Pushes Digital Yuan for Wage Payments in Changshu

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Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the…

Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues

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Bienvenido a Latam Insights, un compendio de las noticias criptográficas y de desarrollo económico más relevantes de América Latina durante la última semana. En este asunto: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, y el…

Police in Kosovo Seize Crypto Mining Rigs From Serbs

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Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the…

German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary

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Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the…

The Rapid Rise of IXFI Exchange – Now the World’s Biggest Buy Crypto Platform

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PRESIONE SOLTAR. Zurich, Switzerland, April 1st, 2023 – Since its launch at the end of 2021 by founders Cristian Andrei, Shailesh Rajput, and Alexandru Badoi, IXFI has attracted nearly 9 million unique visitors and over 350,000 active platform users. The IXFI…

El ex director ejecutivo de FTX busca un fondo de seguro de 10 millones de dólares para la defensa legal, Solicitud con oposición de deudores y acreedores quirografarios de FTX

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Los documentos judiciales revelan que el cofundador de FTX está buscando acceso a un $10 Plan de seguro de millones para cubrir los honorarios de su abogado.. Los deudores y acreedores no garantizados de FTX se han opuesto a la solicitud de Sam Bankman-Fried, argumentando que cada dólar gastado en su defensa es “uno…

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

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According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, A NOSOTROS. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after…

Binance demandado por la CFTC por supuestas violaciones de las reglas de comercio y derivados

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The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Comisión de Comercio de Futuros de Productos Básicos. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading…