Crypto transactions are legitimate but sanctions are still needed – Treasury official
The US Department of Treasury’s Deputy Secretary, Wally Adeyemo, stated that the department would likely be implementing harsher sanctions against corporations engaging in illegal ransomware payments. Adeyemo said the US government will certainly use sanctions when criminals endanger national security interests, speaking at an online event hosted by the Center for a New American Security […]
Worldcoin crypto project aims to make 1B crypto owners in 2 years
Worldcoin, a new crypto unicorn backed by crypto giant a16z and co-founded by Sam Altman, has unveiled its proposal to allow anyone to collect free coins in order to drive global crypto adoption. Providing free cryptocurrency to the entire world may sound like a pipe dream, but the Worldcoin project has received $25 million in […]
Bitcoin makes a new all-time high (ATH) to keep investors hope alive
Bitcoin has surpassed its previous all-time high of $64,888, reaching $66,283 for crypto investors, it’s just more volatility to tune out and also hope for better days ahead. This current spike coincides with the debut this week on the New York Stock Exchange of the much-anticipated first Bitcoin ETF. The achievement is remarkable given that […]
High Court of Sindh orders Pakistan’s government to regulate crypto in three months
The government has been urged by the High Court of Sindh (SHC), Pakistan’s highest judicial authority, to come up with procedures for cryptocurrency regulation and also a report on deliberations surrounding the process. The SHC handed the instruction while hearing a case challenging the validity of Pakistan’s 2018 crypto prohibition, according to Pakistani English daily […]
Facebook tests Novi cryptocurrency wallet with Coinbase and Paxos
Facebook has chosen Coinbase and Paxos as partners for its upcoming Novi digital wallet project, which began testing in the US and Guatemala on Tuesday. Once regulatory clearance is given, the social media giant will proceed with the launch of Novi , which will be accompanied by the Diem payment network. For its planned Novi […]