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The Trump administration is considering at least 11 candidates to replace Jerome Powell when his term as Federal Reserve chair expires in May. At least three of them have taken…
The United Kingdom imposed sanctions on Kyrgyzstan’s financial sector and crypto networks it said were used by Russia to bypass Western restrictions, targeting an alleged $9.3 billion, ruble-backed stablecoin operation.The…
Crypto exchange Bitget has introduced the industry’s first
Real-World Asset (RWA) Index Perpetual Contract, opening trading on tokenized
equities and other traditional assets through its futures platform. The product
went live on August…
New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic failures” in its compliance and anti-money laundering programs, including a past partnership…
In brief
The DOJ is seeking forfeiture of $2.3 million worth of Bitcoin tied to ransomware attacks.
The funds are allegedly linked to Chaos, a newly identified ransomware group.
The group emerged as…
Goldman Sachs and BNY are collaborating to launch digital tokens that mirror shares of money market funds. Investors can now buy and sell money market fund shares on BNY’s LiquidityDirect…
In brief
The EU has sanctioned pro-Kremlin influencer Simeon Boikov and Moldova-based platform A7 for using crypto to spread disinformation and interfere in elections.
A7’s ruble-backed stablecoin, A7A5, was reportedly used to…
Greek authorities have carried out the country’s first cryptocurrency seizure, blocking access to funds lifted from February’s record $1.5 billion Bybit hack linked to North Korea’s Lazarus Group.The Hellenic Anti‑Money Laundering…
Internet Computer Protocol is trading at $4.8373, down 5.18% in the past 24 hours, while the broader crypto market as gauged by the CoinDesk 20 Index dropped only half…