Posts published on August 9, 2023 go to media archive 1/4

Binance Expands Global Reach — Becomes Fully Licensed Crypto Exchange in El Salvador

Binance has become a fully licensed cryptocurrency exchange in El Salvador, having obtained two licenses: a Bitcoin Services Provider license (BSP) and a Digital Assets Services Provider license (DASP). According to the company, Binance now has…

SEC Seeks to Appeal Ripple-XRP Ruling — Requests Stay of Proceedings

The U.S. Securities and Exchange Commission (SEC) has sent a letter to District Judge Analisa Torres seeking permission to file an interlocutory appeal in the SEC v. Ripple case over XRP. In addition, the securities regulator’s motion will…

Fed Launches New Crypto Oversight Program, Issues Dollar Stablecoin Guidelines

The Federal Reserve has established a new supervisory program to increase oversight of crypto activities by the banks it regulates. The U.S. central bank also released additional guidelines for banks to follow before engaging in the issuance…

The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The…

Putin and Ramaphosa Discuss BRICS Summit, Trade and Cooperation; Russian President to Join via Video Link

Russian president Vladimir Putin and South African president Cyril Ramaphosa recently addressed cooperation, trade, and preparations for the upcoming BRICS summit. The two leaders conversed about practical cooperation and the expansion of the…

Fireblocks Discloses ‘Zero Day’ Vulnerabilities Impacting Leading MPC Wallets

It’s unlikely users were impacted by the vulnerabilities – collectively referred to as “BitForge” – but Fireblocks says they could’ve let hackers “drain funds from the wallets of millions of retail and institutional customers in seconds” i

FTX’s Sam Bankman-Fried to Face Campaign Finance Charge, Prosecutors Say

Founder of failed crypto exchange FTX, Sam Bankman-Fried, will be held accountable for alleged campaign finance violations, U.S. prosecutors indicated on Tuesday. The charge was dropped earlier because the extradition treaty with the Bahamas…