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Washington Investors Set to Reclaim Digital Currency in GS Partners Settlement

After over a year of negotiations, the Washington State Department of Financial Institutions (DFI) has joined a multi-state settlement agreement with GS Partners. Accused of violations under Washington’s Securities Act,…

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Palau Collaborates With Japan to Introduce Blockchain Savings Bonds

The government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau Invest, a digital savings bond platform. This initiative, developed…

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XRP Army Launches Petition Against SEC Appeal in Ripple Case

The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit, calling it unnecessary and damaging to the…

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Crypto Fraud Ring Dismantled by Vietnamese Authorities

Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of…

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Paypal Completes First Corporate Transaction Using PYUSD Stablecoin

Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in…

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Institutional Investors Predict Surge in Digital Asset Fund Launches, Research Finds

Institutional investors and wealth managers anticipate a sharp increase in digital asset fund launches, with 70% of those surveyed expecting a rise over the next 12 months, according to new…

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Russia’s Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says

Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent…

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Sygnum Secures Liechtenstein License to Expand Crypto Services in EU

Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and…

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Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam

The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services…

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Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital…

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