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Sam Bankman-Fried sentenced to 25 years in prison

/crypto

Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried has been sentenced to 25 years in prison for stealing $8 billion from customers of FTX, the bankrupt cryptocurrency exchange he founded.

Ex-chancellor's crypto firm served sushi off half-naked models

/crypto

Ex-chancellor's crypto firm served sushi off half-naked models

Guests at a party hosted by a cryptocurrency firm chaired by former UK chancellor Philip Hammond were served sushi off the bodies of half-naked models.

Worldcoin banned in Portugal over privacy concerns

/crypto

Worldcoin banned in Portugal over privacy concerns

Worldcoin, the crypto biometric project fronted by OpenAI boss Sam Altman, has been temporarily banned in Portugal over data privacy concerns.

US charges crypto exchange KuCoin with AML violations

/crypto

US charges crypto exchange KuCoin with AML violations

The United States has charged cryptocurrency exchange KuCoin and two of its founders with flouting money laundering laws.

Russia-linked fintechs hit with US sanctions

/crypto

Russia-linked fintechs hit with US sanctions

The US government has imposed sanctions on 13 fintechs for offering crypto-based services to Russian firms looking to evade the economic restrictions in place since the outbreak of war in Ukraine.

Swift hails results of CBDC connector testing

/crypto

Swift hails results of CBDC connector testing

Swift says a new round of sandbox testing has found that its central bank digital currency interlinking technology can enable financial institutions to carry out a wide range of transactions using CBDCs and other forms of digital tokens, easily incorporating them into their business practices.

Binance exec escapes Nigerian custody

/crypto

Binance exec escapes Nigerian custody

A Binance executive detained by Nigerian authorities last month has escaped, according to local media reports. Meanwhile, the West African country has charged the cryptocurrency exchange with a host of tax evasion charges.

BlackRock claims tokenisation first

/crypto

BlackRock claims tokenisation first

BlackRock, the world's largest asset manager, has taken its first step into the world of tokenisation.

Genesis to pay $21m SEC fine

/crypto

Genesis to pay $21m SEC fine

Genesis has agreed to pay a $21 million civil penalty to the Securities and Exchange Commission (SEC) for the unregistered offer and sale of securities.

UDPN launches digital currency sandbox

/crypto

UDPN launches digital currency sandbox

The Universal Digital Payments Network (UDPN) has launched a digital currency sandbox for both commercial and central banks.

EBAday 2024: Calling early-stage startups to showcase products

/crypto

EBAday 2024: Calling early-stage startups to showcase products

The 19th edition of EBAday, the largest annual European event for payments and transaction banking, will return on 18th – 19th June 2024 at CCL in Lisbon, Portugal.

Hong Kong invites applications for Phase 2 CBDC pilot programme

/crypto

Hong Kong invites applications for Phase 2 CBDC pilot programme

Hong Kong's central bank is inviting interested parties to submit applications for Phase 2 of its e-HKD CBDC pilot programme.

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