The two men pleaded guilty to conspiracy to commit wire fraud in February and later received a letter directing them to “self-deport” from the United States.
Carrone says friends and global contacts helped secure his release after Turkey accused him of aiding misuse of an Ethereum privacy tool; legal fight ongoing.
Paxos has reapplied for a US national trust bank charter after its 2021 conditional approval lapsed, seeking OCC oversight as new stablecoin rules emerge.
In January, the Terraform Labs co-founder pleaded not guilty to several charges, including securities fraud, market manipulation, money laundering and wire fraud.
The US Senate is not scheduled to be in session until Sept. 2, but Senator Elizabeth Warren offered a preview for how she may address the CLARITY Act.
Developing nations can use crypto to bypass financial constraints, hedge inflation and attract investment. Emerging economies are discovering crypto’s power.
Bitcoin’s corporate adoption is increasingly resembling the “nationalization path” of gold leading up to 1971, presenting a new centralization concern, according to Willy Woo.
Despite Trump’s pro-crypto stance, Unicoin CEO says US banks continue closing accounts for crypto firms under “Operation Chokepoint.”
The new law will allow investment banks, which can underwrite companies, issue securities, and are institutionally focused, to hold BTC.
Crypto influencers democratize early-stage investing by offering transparent, accessible opportunities that VCs keep behind closed doors for the elite.