The two coins linked to Terra’s Classic network, terraclassicusd (USTC) and luna classic (LUNC), had a huge increase in value on Tuesday for an unexplained cause. The market changes come after Do Kwon’s recent interview with Coinage, during which the Terra co-founder discussed the possibility of a mole working for Terra. In an interview, Kwon …
Some heated issues in the crypto field include regulation and enforcement. The discussion centers on the complicated topic of whether to classify digital assets as securities, commodities, or as a whole other asset class. The Department of Justice (DOJ) has issued a statement stating that the classification is irrelevant for its objectives in the middle …
DOJ Uses Wire Fraud Statute In Prosecuting Crypto Cases Read More »
The largest banks on Wall Street have mainly refrained from making direct investments in cryptocurrencies. However, many are working covertly to incorporate blockchain, the technology that powers cryptocurrencies, into trade and other industries. By bringing together buyers and sellers of securities and lending money to businesses, huge Wall Street companies support the economy to function. …
Goldman Sachs and JPMorgan To Drive Blockchain Transformation On Wall Street Read More »
The Bermuda Monetary Authority (BMA) has granted CoinZoom Global, Ltd. a license under the Digital Asset Business Act (DABA), enabling the exchange to act as a trading platform for non-U.S. customers outside of the U.S. looking for a way to trade digital assets. CoinZoom is a leading fintech company located in the U.S. A Modified …