This Week’s Brief
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- Resolv’s USR stablecoin depegs after attacker mints 80 million unbacked tokens, extracts roughly $25 milliontheblock.co · the_block_crypto
- Resolv says no assets lost as DeFi protocols respond to USR exploitcointelegraph.com · Cointelegraph
- Crypto.Newscrypto.news · crypto.news
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Binance sues Wall Street Journal amid DOJ probe into alleged Iran sanctions evasion
Binance, the world's largest cryptocurrency exchange, has filed a defamation lawsuit against The Wall Street Journal over a February 23 article alleging the exchange halted an internal investigation into crypto transactions linked to Iranian networks.
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- DOJ investigation into Binance's role in alleged Iran sanctions evasion is current and ongoing.
- WSJ's February article triggered immediate legal action from Binance.
- The case may influence future media coverage and regulatory approaches to crypto compliance.
- Highlights regulatory scrutiny on crypto exchanges regarding sanctions compliance.
- Shows legal risks and reputational impact from investigative journalism in crypto.
- Reflects ongoing challenges in enforcing AML and sanctions in decentralized finance.
Ripple Partners With Mastercard, XRP Price Faces Bollinger Bands Squeeze, Dogecoin (DOGE) Prints 100% Surge in Volume — U.Today Crypto Digest
Binance is now one of the first crypto firms alongside Ripple to participate in the Mastercard crypto program.
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Fake Police Raid In France Ends With a $1 Million BTC Loot
Coverage centers on: French police arrest 12 as probe into spate of violent crypto kidnappings widens.
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SEC and CFTC Reach Historic Settlement: Pro-Ripple Chairman Pham Reacts With Six-Point Plan to Make US World's Crypto Capital
Is the "Regulation by Enforcement" era over? Caroline Pham backs SEC-CFTC harmonization to end the security vs. commodity debate for tokens like XRP.
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Nasdaq partners with Kraken to bring tokenized stocks to global markets
Nasdaq has partnered with Kraken's parent company, Payward, to create a gateway that connects traditional stock markets with decentralized finance.
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- The collaboration is timely as interest in tokenized assets grows in the financial sector.
- Recent advancements in blockchain technology make this integration feasible.
- The launch is planned for 2027, aligning with increasing regulatory clarity in the crypto space.
- This partnership bridges traditional finance with decentralized finance, enhancing market accessibility.
- Tokenized equities can provide 24/7 liquidity and programmable financial services.
- The initiative is a significant step towards integrating blockchain technology into capital markets.
Bitcoin Price Reclaims $73,000 as War Shakes Markets, Outperforming Gold and Stocks
Crypto markets held their ground on Thursday while U.S. stocks dropped and oil rallied. Bitcoin (BTC) is trading at around $70,200, unchanged over the past 24 hours.
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