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Latest Results from /crypto

/crypto

Canadian watchdog fines crypto firm Cryptomus C$177m

The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) has fined the operator of crypto platform Cryptomus C$177 million for non-compliance with AML and counter-terrorist financing laws.

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Trump pardons Binance founder Zhao

Donald Trump has pardoned Changpeng Zhao, the billionaire founder of crypto exchange Binance, who served prison time after pleading guilty in 2023 to enabling money laundering on the platform.

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Pave raises $39m to build programmable bank

Pave Bank has raised $39 million in funding to scale what it calls the first "programmable bank" built for digital assets and the AI era.

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Coinbase bitcoin rewards credit card gets full release

Coinbase is opening up its bitcoin rewards card to the hundreds of thousands of Americans on its waitlist.

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FCA sues crypto exchange HTX

The UK's Financial Conduct Authority has filed a lawsuit against HTX, a cryptocurrency exchange linked to Justin Sun, a billionaire who has invested millions of dollars in the Trump family's crypto ventures.

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Coinbase buys crypto investment platform Echo

Coinbase has acquired crypto investment platform Echo for around $375 million in cash and stock.

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Japanese banks jointly launch stablecoin

Three of the largest banks in Japan are joining forces for the launch of a unified stablecoin.

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PayPal’s crypto partner mints $300 trillion worth of stablecoins in ‘technical error’

PayPal’s blockchain partner Paxos accidentally minted $300 trillion in stablecoins in an internal transfer on Wednesday.

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US seizes $15bn in bitcoin from alleged forced-labour pig butchering scam

The US government has seized nearly $15 billion worth of bitcoin linked to a Cambodian man accused of running "forced-labour" cryptocurrency “pig butchering” scams.

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Ripple targets corporate treasury with $1bn GTreasury acquisition

Digital asset giant Ripple is making a move into corporate treasury through the $1 billion acquisition of GTreasury.

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OCC approves new bank targeting 'innovation economy'

A new bank backed by tech billionaires that plans to fill the gap left by Silicon Valley Bank's collapse and serve firms in the "innovation economy" has received conditional approval from regulators.

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Coinbase invests in India's CoinDCX

Coinbase is targeting India and the Middle East after investing in Mumbai-based crypto exchange CoinDCX at a $2.45 billion post-money valuation.