Chinese Billionaire Guo Sentenced for $1B Crypto Fraud Scheme
Guo was arrested in 2023 for orchestrating a more than $1 billion fraud conspiracy involving cryptocurrency.
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Guo was arrested in 2023 for orchestrating a more than $1 billion fraud conspiracy involving cryptocurrency.
Securitize announced that shareholders of Cantor have greenlit the business combination, which is expected to close on Wednesday.
Bitcoin Magazine JPMorgan Backs U.S. Crypto Bill, But Puts a Warning Label Front and Center as Senate Eyes August Deadline JPMorgan urged Congress to pass clear digital asset legislation with robust safeguards, warning that without robust oversight, crypto innovation could create shadow-banking risk
Ripple outlined how the XRP Ledger Lending Protocol would provide institutions with a novel way to structure loans directly on-chain.
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path toward lower borrowing costs.
Based in the UK, Curve are building a financial super-app, a smart wallet that consolidates all your debit and credit cards into a single app and card, simplifying how millions of users spend, send and save money. However, operating at this scale means confronting a high-volume, ever-evolving landsc
The post RLUSD Brings the Dollars, XRP Moves Them ; Analyst Explains Why There Is No Competition appeared first on Coinpedia Fintech News The debate over whether Ripple’s stablecoin RLUSD is slowly cannibalising XRP’s utility has circulated through the crypto community for months. Versan Aljarrah, f
A proposed XRPL standard would let institutions borrow against tokenized assets, with the blockchain enforcing loan terms while the underwriting stays with human credit teams. It still needs validator approval to go live.
The bank added five Asia-Pacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.
The move deepens BNY's partnership with Circle and builds on the bank's role as the primary custodian of USDC reserves.
Bitcoin Magazine Strategy (MSTR) Raises STRC Dividend, Authorizes $2B in Buybacks, and Unlocks Further Bitcoin Sales Strategy (MSTR) unveiled a new capital management framework that raises STRC's dividend to 12%, authorizes $2 billion in share buybacks, and permits limited bitcoin sales to fund rese
The move makes USDe more accessible to investment professionals wishing to take advantage of 'digital dollar exposure.'
The post Bank of Thailand Nears Completion of Baht-Backed Stablecoin Framework appeared first on Coinpedia Fintech News The Bank of Thailand is finalizing its framework for a 1:1 baht-backed stablecoin, with every token required to be fully backed by liquid reserves held in segregated accounts at li
The Basel-based institution said that private digital tokens fall short of the requirements for sound money and urged policymakers to accelerate work on tokenized forms of central bank and commercial bank money.
India’s Unified Payment Interface has grown to over 750 million daily transactions, and the head of the body that oversees it says AI will be central to reaching a billion. Dilip Asbe, MD and CEO of the National Payments Corporation of India, told TechCrunch at Mumbai Tech Week that AI could drive t
The post Is It Safe? What Happens to Crypto After a Deposit appeared first on Coinpedia Fintech News In online entertainment, an internal balance is already a familiar part of the user experience. For years, users have funded that balance with bank cards, e-wallets, and local payment methods. Now cr
Securitize says less than 30% of shareholders in the acquisition firm taking it public elected to redeem, giving it an expected $400 million on its upcoming debut.
Securitize expects to begin trading next week under the ticker symbol “SECZ,” following the completion of a merger with a blank-check firm.
Seeking to debut next week, Securitize will receive roughly $400 million after retaining more than 70% of its SPAC trust.
The fintech company's engineering-first application security team re-engineered the process for granting system access, making it easier and more secure for developers working on their projects. Here are the lessons learned from Robinhood's experience.