Crypto News
New Evidence Reveals Extent of South Korean Official’s Crypto Investment Fraud
Authorities said the civil servant forged documents and used the mayor's seal to open a bank account, diverting funds for crypto investments.Source link
Deutsche Börse Launches Crypto Custody With Clearstream for Institutional Investors
Deutsche Börse is launching a crypto custody service through Clearstream, enabling institutional investors to securely store and settle cryptocurrencies. Deutsche Börse Announces New Crypto Custody Service Deutsche Börse Group announced on March 11 that its post-trade services arm, Clearstream, will launch a new crypto custody solution for institutional investors. Partnering with Crypto Finance, also partSource link
California Shuts Down 42 Crypto Scam Sites—$6.5M Stolen in Massive Fraud
California has shut down 42 fraudulent crypto websites, exposing a $6.5 million scam that drained victims of an average $146,306 each. 42 Fraud Sites Dismantled—How Scammers Built Fake Crypto Worlds to Steal Millions California Attorney General Rob Bonta announced on March 10 that the state had taken decisive action against fraudulent cryptocurrency schemes by shuttingSource link
ARK Invest’s Cathie Wood Predicts End of Rolling Recession Amid Looming AI-Driven Productivity
Cathie Wood foresees 7.3% GDP growth, while claiming the biggest productivity gains in history lie just ahead.Source link
US Lawmaker: Stablecoins Key to Strengthening Dollar’s Dominance
A U.S. congressman stressed that a well-regulated stablecoin market is essential for maintaining the dollar’s global dominance, modernizing payments, and expanding financial access without government overreach. Lawmakers Debate Stablecoin Role in Securing US Dollar’s Future House Financial Services Committee Chairman French Hill (R-AR) stressed that a well-regulated stablecoin market is essential for maintaining the U.S.Source link