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Paysafe ending support for Binance’s EU customers, some face early restrictions

Amid a backdrop of increasing regulatory scrutiny, Binance’s European payments provider, Paysafe, has started restricting euro withdrawals for some users ahead of its planned cessation of support on Sept. 25. This move that has left many European customers of Binance puzzled and frustrated, with some users finding themselves unable to access

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Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report

A three-judge panel from the United States Court of Appeals for the Second Circuit has reportedly taken arguments from lawyers representing former FTX CEO Sam Bankman-Fried (SBF) under advisement in considering releasing him from jail prior to his October trial. SBF's defense team and the U.S. Attorney's office were each given roughly

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PayPal’s PYUSD struggles with early adoption — Nansen

PayPal recently released stablecoin PayPal USD (PYUSD) is facing challenges gaining traction, on-chain data reveal. According to findings from blockchain analytics firm Nansen, roughly 90% of PYUSD is currently held in stablecoin issuer Paxos Trust's wallets.Holdings on crypto exchange wallets stand at nearly 7% of the total supply, according to

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SEC delays set deadline for Bitcoin ETF approval to early 2024

The United States Securities and Exchange Commission (SEC) — the financial regulator with the final say over allowing a spot cryptocurrency exchange-traded fund (ETF) — may be moving closer to giving the investment vehicle the green light after several years of applications.In June, the world’s largest asset management firm, BlackRock, added

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Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’

Citing the organization’s extensive experience in having completed “hundreds of early stage investments,” Brandon Gath, managing partner for Kraken Ventures told Cointelegraph, in an email, that the new fund would focus on early stage founders, but would offer support throughout the venture:“Kraken Ventures' (KV) next fund will double down on

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