China

'We do not do illegal things': Inside a U.S.-sanctioned stablecoin issuer's race to build a crypto giant

The article discusses the efforts of a U.S.-sanctioned stablecoin issuer to expand its operations and establish itself as a major player in the cryptocurrency market. Despite facing regulatory scrutiny and sanctions, the company emphasizes its commitment to legal compliance and transparency. The issuer is actively working on developing new products and services to attract users and investors. The article highlights the challenges and risks associated with operating in a heavily regulated environment while striving for growth in the competitive crypto landscape.

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Bitcoin Miner MARA Says It May Sell BTC Holdings in Strategy Shift

Bitcoin mining company Marathon Digital Holdings (MARA) has announced a potential shift in its strategy, indicating that it may sell some of its Bitcoin (BTC) holdings. This decision comes as the company aims to improve its liquidity and manage operational costs amid challenging market conditions. Marathon currently holds approximately 11,

Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho

Circle's shares have seen an increase due to escalating tensions in the Middle East, which have contributed to rising oil prices. Additionally, there is a growing sentiment that interest rate cuts may not occur as soon as previously anticipated. Mizuho analysts highlighted these factors as key drivers behind

Ex-LAPD Officer Found Guilty of $350K ‘Wrench Attack’ Bitcoin Robbery

A former LAPD officer was found guilty of a $350,000 Bitcoin robbery involving a "wrench attack." The incident occurred in 2019 when the officer, along with an accomplice, targeted a victim who was attempting to sell Bitcoin. They assaulted the victim with a wrench and stole his

International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering

The Financial Action Task Force (FATF) has issued a warning that stablecoins are increasingly being utilized for sanctions evasion and money laundering activities. The organization highlighted concerns that the growing use of these digital assets could undermine global financial systems and regulatory efforts. FATF emphasized the need for stricter regulations

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Bitcoin Miner MARA Says It May Sell BTC Holdings in Strategy Shift

Circle shares boosted by Middle East tensions, rising oil, fading rate cut hopes, says Mizuho

Ex-LAPD Officer Found Guilty of $350K ‘Wrench Attack’ Bitcoin Robbery

International finance watchdog warns stablecoins are increasingly used in sanctions evasion and money laundering