ECB digital euro counters foreign stablecoins with 2027 launch for strategic autonomy
ECB advances digital euro project to counter foreign stablecoins like USDT and USDC, aiming for 2027 launch with 1.3 billion euro transactions annually.
SEC Inspector General blames tech failures for loss of Gensler’s 2023 texts on 10 devices
SEC Inspector General cited tech failures for losing Gary Gensler’s 2023 texts, involving 10 devices and multiple investigations into record-keeping lapses.
ECB confirms 2026 digital euro rollout plan to EU Parliament amid skepticism
ECB president Lagarde presented digital euro plans to EU lawmakers, targeting 2026 launch with 1.5 billion euro budget amid privacy and adoption concerns.
Australian banks block crypto transactions, costing exchanges 15% in lost volume annually
Australian crypto users face banking restrictions with Commonwealth Bank and Westpac blocking payments, costing exchanges 15% in lost transactions annually.
Missing Texts Align with November 2022 FTX Collapse, Expert Reports
FTX collapse in November 2022 involved missing texts, $8 billion shortfall, and scrutiny of Sam Bankman-Fried and Caroline Ellison.
Justin Sun requests WLFI team unfreeze 2.1 million USDD tokens after June 24 incident
Justin Sun requested WLFI team unfreeze tokens after a security incident involving 2.1 million USDD and 324 million TRX on June 24.
SEC finalizes cryptocurrency rules in 2024 to enforce market transparency and protect investors
The SEC is drafting new cryptocurrency regulations to address market manipulation and investor protection, affecting Bitcoin and Ethereum with a 2024 implementation target.
Justin Sun appeals World Liberty Financial for WLFI token unlocks amid $50 million freeze
Justin Sun appeals World Liberty Financial to unfreeze WLFI tokens, citing unreasonable actions affecting TRON and HTX exchange users with $50 million locked.
SEC generic listing rules review delays 21Shares SUI ETF approval in 2024
The US SEC delayed 21Shares SUI ETF approval due to generic listing rules review, affecting SUI token and broader crypto ETF market.
Cango Inc. Q2 2025 revenue hits $50 million with $5 million net income
Cango Inc. reported Q2 2025 revenue of $50 million, with net income reaching $5 million, reflecting growth in automotive transactions and digital services.
