Societe Generale’s Euro Stablecoin Now Trading on Bitstamp

Societe Generale’s euro stablecoin, the EUR CoinVertible, has started trading on Bitstamp, making it the first euro stablecoin issued by a fully regulated bank to be available on a cryptocurrency exchange. The EURCV stablecoin, developed by Societe Generale FORGE, is an Ethereum-based token that aims to bridge traditional capital markets and digital assets for the […]

Cryptocurrency Exchange Bitzlato CEO Pleads Guilty to Operating Unlicensed Money Services Business

Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, has pleaded guilty to operating an unlicensed money services business. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million in cryptocurrency. The exchange was allegedly used by criminals due to lax controls over illicit money transactions.Legkodymov was arrested in Miami during an international […]

Cryptocurrency Exchange Bitzlato CEO Pleads Guilty to Operating Unlicensed Money Services Business

Anatoly Legkodymov, co-founder and former CEO of cryptocurrency exchange Bitzlato, has pleaded guilty to operating an unlicensed money services business. In court, Legkodymov agreed to dissolve Bitzlato and forfeit $23 million in cryptocurrency. The exchange was allegedly used by criminals due to lax controls over illicit money transactions.Legkodymov was arrested in Miami during an international […]

Binance to Compensate Users for AEUR Price Surge

Cryptocurrency exchange Binance has announced that it will compensate users who were impacted by a recent price deviation in the Anchored Coins EUR (AEUR) stablecoin. The value of AEUR surged nearly 200% after it was listed on the platform, prompting Binance to suspend trading for the asset’s four trading pairs. Binance attributed the price deviation […]

Binance to Compensate Users for AEUR Price Surge

Cryptocurrency exchange Binance has announced that it will compensate users who were impacted by a recent price deviation in the Anchored Coins EUR (AEUR) stablecoin. The value of AEUR surged nearly 200% after it was listed on the platform, prompting Binance to suspend trading for the asset’s four trading pairs. Binance attributed the price deviation […]

Binance to Reimburse Users and Delist AEUR Stablecoin After Surge in Value

Crypto exchange Binance has decided to reimburse users and delist the Anchored Coins Euro stablecoin (AEUR) after its value surged by over 200% following its listing. Binance will compensate users who bought AEUR at an inflated valuation and were unable to sell it after trading was halted. Affected users will receive a refund for the […]

Binance to Reimburse Users and Delist AEUR Stablecoin After Surge in Value

Crypto exchange Binance has decided to reimburse users and delist the Anchored Coins Euro stablecoin (AEUR) after its value surged by over 200% following its listing. Binance will compensate users who bought AEUR at an inflated valuation and were unable to sell it after trading was halted. Affected users will receive a refund for the […]

Coinbase Introduces New Wallet Feature for Easy Global Money Transfers

Coinbase, the American-based cryptocurrency exchange, has introduced new wallet features that simplify and expedite international money transfers. The company has launched a user-friendly feature called “Send money with a link” within the Coinbase Wallet. Users can generate a link and share it on their preferred social media platforms.To use this feature, both the sender and […]

Coinbase Introduces New Wallet Feature for Easy Global Money Transfers

Coinbase, the American-based cryptocurrency exchange, has introduced new wallet features that simplify and expedite international money transfers. The company has launched a user-friendly feature called “Send money with a link” within the Coinbase Wallet. Users can generate a link and share it on their preferred social media platforms.To use this feature, both the sender and […]

Cryptocurrency Industry Ramps Up Lobbying Spending to Shape Regulatory Landscape

Cryptocurrency companies are increasing their lobbying spending in an effort to repair their reputations and advocate for favorable legislation, according to a Reuters report. Despite facing regulatory scrutiny and high-profile scandals, these companies are investing significant resources in engaging with policymakers and building a reasonable regulatory framework. In the first three quarters of 2023, cryptocurrency […]