Crypto News

KuCoin and Founders Charged with Bank Secrecy Act and Money Transmission Offenses

KuCoin, along with its founders Chun Gan and Ke Tang, has been charged with violating the Bank Secrecy Act and operating an unlicensed money transmission business, allegedly allowing its platform to be used for money laundering and terrorist financing. (Read More)Source link

Vitalik Buterin Takes a Dig at the Metaverse, Calls it a Branding Ploy

Metaverse tokens have a $18 billion market cap, but we're not quite at Ready Player One yet.Source link

Russia Discusses Testing Digital Ruble for Budget Payments

The Central Bank of Russia and the Russian treasury are considering testing using the Russian CBDC, the digital ruble, to complete budget settlements. The tests would involve using this CBDC to make payments to businesses and citizens and receiving payments from these in CBDC, to ensure the targeted use of these funds. Russian Digital RubleSource link

HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong

The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors.Source link

Decrypt Newsletter Service Hacked—Don’t Click Those Links!

A scam email was sent out under our name touting a fake token airdrop. Please ignore it!Source link