TL;DR Changpeng Zhao (CZ), former CEO of Binance, denied the Wall Street Journal's claims about possible negotiations between representatives of Trump and Binance.US. The businessman suggested that the report aimed to discredit both President Trump and the crypto industry.
The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.
The Senate Banking Committee voted to advance a monumental stablecoin bill, advancing it to the full Senate.
Russia's Ministry of Finance is set to legalize cryptocurrency through a controlled national framework, utilizing an experimental legal system to monitor and regulate its adoption, with the goal of creating a safer and more effective crypto environment. The post Russia's Ministry of Finance Plans to Regulate Crypto Operations with National Infrastructure appeared first on Cryptonews.
The Crypto Fear and Greed Index rebounded from its recent lows, showing diminished concerns of a bear market. However, several crypto stocks have posted huge losses, and gold is surging towards an all-time high.
Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will give MoonPay's enterprise customers the ability to accept stablecoin payments instantly and at a low cost.
Richard Teng, the CEO of Binance, says President Donald Trump's pro-crypto policies are forcing global regulators to rethink their approach. Speaking at CONVERGE LIVE in Singapore, Teng pointed to a clear shift from Biden's crackdown on crypto to an administration that is actively supporting the industry.
MoonPay Buys Stablecoin Infrastructure Platform Iron in Latest M&A Deal
New research by Dragonfly Capital reveals that U.S. users may have missed out on as much as $5.02 billion in potential revenue from geo-blocked airdrops.
Circle Internet Group is expanding its tokenized financial services in Bermuda.
Former Binance CEO Changpeng “CZ” Zhao has denied many of the claims in a Wall Street Journal report suggesting that he has been actively seeking a federal pardon from US President Donald Trump.In a March 13 X post following the release of the report, Zhao said he had no discussions regarding a business deal between the Trump family and Binance.US. He further denied claims that he wanted a presidential pardon from Trump, which could potentially allow him to assume an operational or management role at Binance.
Crypto payments company MoonPay said Thursday (March 13) that it expanded its enterprise offerings by acquiring API-first stablecoin infrastructure platform Iron. Iron's application programming interfaces (APIs) provide solutions for enterprises; FinTechs and payment processors; and marketplaces and merchants, MoonPay said in a Thursday press release emailed to PYMNTS.
GoPlus AVS Restakes 909K ETH, Pays Security Operators in $GPS
The Senate Banking Committee is considering bills to create a regulatory framework for dollar-denominated stablecoins and to prevent debanking due to "reputational risk."
Major cryptocurrency exchange Coinbase has announced its decision to delist three digital assets from its platform; meme coins Floki, GIGA and Turbo are affected in this latest cleanup. The move comes as part of the exchange's regular review process to ensure compliance and maintain quality standards.
The discussion is part of a broader strategy for Binance to re-establish its presence in the US.
TL;DR MoonPay has acquired Iron, a stablecoin infrastructure startup, expanding its presence in the enterprise market and its ability to provide transactions. The goal is to offer cryptocurrency payment solutions for businesses, positioning itself as a competitor to giants like Stripe.
Changpeng Zhao has dismissed a Wall Street Journal (WSJ) report suggesting he is discussing an investment deal with the family of US President Donald Trump in Binance.US, the American division of the global Binance crypto exchange.
The acquisition is comparable to Stripe's acquisition of stablecoin platform Bridge, and MoonPay's financial services will now include enterprise-grade stablecoin offerings.
The Indian Intelligence authorities arrested a Russian resident accused of involvement with Garantex, a cryptocurrency exchange. The exchange is said to help criminal entities such as terrorists and drug traffickers launder their money.
Pump.fun Trading Volume Plummets 63% in February
Changpeng Zhao (CZ) has taken to his account on the X social media platform to criticize the Wall Street Journal article about him allegedly pushing the president of the US for a pardon.
The denial highlights ongoing tensions in the crypto industry and potential political influences affecting its global perception. The post CZ denies WSJ's report of Trump-Binance deal talks, calls it an ‘attack on Trump and crypto' appeared first on Crypto Briefing.
MoonPay has acquired Iron, an API-driven stablecoin infrastructure startup, in a move to enhance its enterprise payment solutions. This marks MoonPay's second major acquisition in two months, reinforcing its ambition to lead the growing stablecoin payments sector.
Is Russia warming up to crypto—or just keeping it exclusive?
Memecoins have gained mainstream visibility recently. However, understanding what they are, how they work and where the risks are is critical.
Opinion by: Slava Demchuk, co-founder and CEO of AMLBot All virtual asset service providers (VASPs) registered in the EU before 2025 must comply with Markets in Crypto-Assets Regulation (MiCA) requirements this year. Not all will be able to do so.
While the discussions are still in the early stages, an unexpected twist has added intrigue to the negotiations. According to a Wall Street Journal report, Binance founder Changpeng “CZ” Zhao has urged former President Donald Trump to grant him a pardon.
As the industry moves forward with bills on stablecoins and market-structure rules, the kind of dealing lobbyists were prepared to make may no longer be needed.
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The ECB's latest report highlights Europeans' reluctance to adopt the digital euro, citing strong trust in traditional banking, concerns over privacy, and limited perceived benefits of a CBDC. The post New ECB Report Shows Europeans' Reluctance Toward Adopting Digital Euro appeared first on Cryptonews.
The advocacy group's chief legal officer, Amanda Tuminelli, will be the new executive director as her predecessor take a board role.
The Trump family has engaged in discussions to acquire a financial stake in Binance's U.S. arm, according to a Wall Street Journal report, as Binance founder Changpeng Zhao seeks a presidential pardon following his 2023 guilty plea for money-laundering violations.
Centralized stablecoins: a Trojan horse for CBDCs?
Turkey introduced stricter crypto regulations for exchanges and investors, mandating oversight by the Capital Markets Board and setting guidelines for operations and capital adequacy. These reforms aim to enhance consumer protection and align with global standards. The post Turkey Introduces Stricter Crypto Regulations for Exchanges and Investors appeared first on Cryptonews.
M&A could be critical for building resilient and scalable decentralized organizations. But, after 65 deals and counting, we're not there yet, say Joshua Tan, Jillian Grennan and Bernard Schmid.
Members of President Donald Trump's family are in discussions to acquire a financial interest in Binance.US , the American branch of the world's top cryptocurrency exchange. What Happened: This potential deal coincides with efforts by Binance (CRYPTO: BNB) founder Changpeng Zhao, who spent four months in prison after a 2023 guilty plea for anti-money-laundering violations, to secure a pardon from the Trump administration, according to The Wall Street Journal.
TL;DR Representatives of Donald Trump's family have held talks with Binance to acquire a stake in the exchange, aiming to facilitate Binance.US's return to the U.S. market. Speculation suggests that the deal could include Trump's intervention to grant a pardon to Binance founder Changpeng Zhao (CZ), who served four months in prison in the U.S.
This raise concerns about the potential rollout of the central bank digital currency (CBDC). The study, which surveyed about 19,000 people across 11 euro-area countries, found that Europeans see little value in adopting the digital euro, despite efforts by the ECB to prepare for its possible introduction.
Reports suggest that the Trump family may be negotiating to acquire a stake in Binance, the largest crypto exchange in the world.
51nodes, a blockchain integration platform, has announced a new partnership with World Mobile, a Decentralized Physical Infrastructure Network (DePIN) provider, according to the most recent updates shared with Finbold on Thursday, March 13.
White House Crypto Summit Will Feature Many Important Industry Figures
TL;DR New Regulatory Mandate: Nebraska's new law requires crypto ATM operators to be licensed under the Nebraska Money Transmitters Act and registered with the Department of Banking and Finance. Consumer Protection Measures: The law sets strict transaction limits, caps fees at 18% of transaction value, and ensures full refunds for fraud reported within 90 days.
Ledger claims Trezor Safe devices, despite upgrades, are still vulnerable to supply chain attacks targeting their microcontrollers, raising concerns about firmware integrity. Although Trezor has patched the flaw, some risks remain. The post Ledger Claims Trezor Safe Devices Remain Vulnerable to Supply Chain Attacks appeared first on Cryptonews.
Elizabeth Warren claims that proposed stablecoin legislation gives Elon Musk a “clear runway” to control U.S. money and payments. It doesn't.
The Lazarus Group continues to launder stolen cryptocurrency through mixers like Tornado Cash while deploying new malware targeting developers and crypto wallets.
Web3 marketing firm Addressable has launched cost per wallet (CPW), a new metric aimed at improving user acquisition tracking for decentralized applications (DApps) and blockchain businesses.Announced on March 13, CPW is designed to provide more precise insights for Web3 marketers by tracking onchain wallet activity rather than traditional Web2 advertising metrics like cost per acquisition (CPA) and cost per click (CPC). A lower CPA means customer acquisition is more efficient, while a lower CPC indicates that businesses are implementing more cost-effective ad campaigns.
Web3 marketing firm Addressable has launched cost per wallet (CPW), a new metric aimed at improving user acquisition tracking for decentralized applications (DApps) and blockchain businesses.The company claims CPW provides a more precise measure of user engagement compared to traditional Web2 marketing, where metrics such as customer acquisition cost (CAC) and cost per click (CPC) are commonly used, by tracking onchain wallet activity instead of ad clicks or website logins. A lower CPA means customer acquisition is more efficient, while a lower CPC indicates that businesses are implementing more cost-effective ad campaigns.