Congressman Criticizes US SEC, Gensler Over Violations & SAB 121 Rule
House Majority Whip Tom Emmer criticizes SEC Chairman Gary Gensler for handling SAB 121, expressing concerns over regulatory overreach. Tom Emmer, majority whip of the House of Representatives, has criticized Securities and Exchange Commission (SEC) Chairman Gary Gensler for his management of Staff Accounting Bulletin (SAB) 121. Emmer argues that Gensler’s methodology is in opposition […]
Nigerian Government Requests $150 Million Bribe, Binance CEO Exposes
Binance CEO, Richard Teng claims Nigerian officials demanded $150M in bribes to halt legal action against executives; denies payment. On Tuesday, Binance, the largest cryptocurrency exchange in the world, disclosed that Nigerian government officials demanded $150 million in bribes in exchange for acquittal in the legal proceedings against Binance executives Tigran Gambaryan and Nadeem Anjarwalla. […]
QANplatform Debuts First Quantum-Resistant, EVM-Compatible Testnet
QANplatform introduces pioneering quantum-resistant blockchain testnet, EVM-compatible, facilitating quantum-resistant smart contract development. Enabling the development of smart contracts resistant to quantum attacks, QANplatform has introduced the first blockchain testnet compatible with the Ethereum Virtual Machine (EVM) and resistant to quantum attacks. Cointelegraph has been informed that the new testnet will permit programmers to create smart […]
QCP Capital Receives In-principle Approval in Abu Dhabi
QCP Capital, one of the world’s foremost platforms for trading cryptocurrency options, has obtained an in-principle regulatory approval to operate in Abu Dhabi. Bloomberg has obtained information indicating that the Financial Services Regulatory Authority of Abu Dhabi Global Markets (ADGM) has granted preliminary authorization to the digital asset options trading division for conducting regulated digital […]
Bancolombia Launches Crypto Exchange, Peso Stablecoin
After nearly a decade of study and research, Bancolombia, the largest bank in Colombia, has established Wenia, a cryptocurrency exchange, and a peso-pegged stablecoin. In conjunction with a cryptocurrency exchange, the Colombian bank introduced “COPW,” a stablecoin pegged to the Colombian peso. In its inaugural year, the cryptocurrency platform intends to acquire 60,000 users and […]