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Bank of America Shuts Account of Former PayPal CFO, Without Any Explanation


In a quite shocking event, Bank of America, one of the leading commercial banks in the world, closed an account of former PayPal CFO and Sequoia Capital partner Roelof Botha, and that too, without giving any explanation. While this comes as a surprise to many, there have been similar instances...

Ohio Crypto Program Hits a Snag, Attorney General Finds It Illegal


The Attorney General of the U.S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states....

Trump’s Former Federal Reserve Nominee Planning to Unveil a Stablecoin


US President Donald Trump’s former nominee for the Federal Reserve, economist Stephen Moore, is all set to unveil a new stablecoin, according to the reports published on October 21, 2019. The stablecoin, referred to as Frax, is being planned by Moore along with other entrepreneurs namely Ralph...

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