‘Anti-American’ Stablecoin Regulation Push Sparks Outrage Among Crypto Industry Leaders
A U.S.-based venture capitalist has spoken out against proposals that would restrict international stablecoin issuers from accessing the U.S. treasury market. Stablecoin Regulatory Battle Emerges in Washington Vance Spencer, co-founder of Framework Ventures, has criticized attempts to “shut off access to the treasury market for centralized international stablecoin issuers.” According to Spencer, blocking these issuers […] Powered by...
MEXC Backs Ethena’s USDe With $20 Million Investment, Launches $1 Million Rewards
MEXC has invested $20 million in USDe, Ethena’s synthetic dollar, to drive stablecoin adoption and expand DeFi innovation. The exchange also launched a $1 million rewards campaign to incentivize participation in the growing stablecoin market. $20 Million Investment in USDe to Boost Stablecoin Adoption MEXC, a global crypto exchange has announced a $20 million investment […] Powered by...
US Charges Gotbit Founder Aleksei Andriunin With Wire Fraud and Market Manipulation
A Russian founder of cryptocurrency exchange Gotbit has been extradited to the U.S. to face charges of wire fraud and conspiracy to commit market manipulation. Code for Wash Trading Crypto Transactions Aleksei Andriunin, 26, founder of cryptocurrency exchange Gotbit, has been extradited to the United States to face charges of manipulating cryptocurrency markets on behalf […] Powered by...
FBI Arrests Three in Pig Butchering Crypto Scam Tied to $13M Fraud Scheme
Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that funneled funds […] Powered by...
Bybit Is Back: Crypto Exchange Resumes Full Operations in India After FIU Approval
Bybit is back in India! After overcoming regulatory hurdles and a security breach, the crypto exchange fully restores services, resuming new user onboarding and trading access. Bybit Reinstates Services in India After Regulatory Compliance Cryptocurrency exchange Bybit has officially registered with Indian authorities, allowing the platform to fully restore its services in the country. The […] Powered by...
