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Binance EU Users Face Fiat Withdrawal Issues – What's Going On?


Some Binance customers in the EU have been blocked from withdrawing euros as part of an early change in the crypto exchange’s regional payments provider looms. Several users in the region have been denied access to Paysafe, Binance’s European payments partner, ahead of the September 25 deadline...

Transparency Report Reveals Backing for Paypal’s PYUSD Stablecoin


Paypal’s stablecoin, PYUSD, has been operational for 38 days. The token’s issuer, Paxos, has issued a transparency report related to the coin’s reserves. Much like many of today’s stablecoin industry leaders, PYUSD is supported by cash reserves and U.S. Treasury reverse...

VARA issues an operating license to TOKO Network


Dubai’s Virtual Asset Regulatory Authority has issued an operating license to TOKO Network. This grants permission to the network to work as a Broker Dealer and Exchange Service. VARA has been engaging with crypto ventures in Dubai to ensure their operations comply with the prevailing regulatory...

Ethereum Foundation Issues 18 Grants for Account Abstraction Initiatives


The Ethereum Foundation has announced the completion of its grants program to finance projects related to implementing ERC-4337, the account abstraction standard. 18 projects were selected to be part of this batch of grants, which feature different functionalities, including creating educational...

FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial


The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the witnesses’ reliability and accused them...

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