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Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals

Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly…

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Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote

Mango Markets, the Solana-based decentralized finance (defi) platform that lost more than $110 million in 2022, is currently holding a vote on a proposed settlement with the U.S. Securities and…

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Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil

Binance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the securities regulator of Brazil. The exchange proposed to pay 9.6 million…

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Slovenia Launches First Digital Bond in EU Sovereign History

On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond…

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Cryptocurrency Firm Abra Settles With 25 US States Over Licensing Violations

Financial authorities in 25 U.S. states have reached a settlement with the cryptocurrency investment platform Abra and its CEO Bill Barhydt for operating without proper licensing. This settlement mandates significant…

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Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC

Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before…

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Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?

One crypto executive predicted five months ago that spot Bitcoin ETFs would only be approved after Binance lost ground on its market dominance.

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