Tags: Digital Currency

The number of crypto millionaires has nearly doubled, reflecting the rising dominance of digital assets globally.

The recently amended lawsuit by NYAG claimed that investors were cheated out of $3 billion.

Genesis Global Trading Settles with NYDFS, Pays $8 Million Penalty, and Surrenders BitLicense

Controversy Arises as Genesis Creditors Challenge DCG’s Claim of Full Debt Repayment

Former DCG Advisor Larry Summers Named Among Academics Linked to Epstein List

Digital Currency Group has Settled Over $1 Billion in Debt, Including $700 Million Owed to Bankrupt Genesis

Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next year.

The CBDC-like bakong provides digital payment services in riel and the U.S. dollar. It has been steadily extending its regional scope.

CoinDesk was owned by the Digital Currency Group, which acquired the media company in 2016 for $500,000. Its new owner is headed by former New York Stock Exchange president Tom Farley.

According to the report, these expectations can be addressed by applying existing rules or creating new ones, depending on the jurisdiction.

The Monetary Authority of Singapore has unveiled its plan to launch a live wholesale CBDC used for settlements by local banks.

EU lawmakers are anticipating the arrival of the digital euro, though German politician Joana Cotar is pushing back against the currency and fighting in favor of Bitcoin.