Feds Charge Vietnamese National in $16M Pig Butchering Crypto Scheme

A Vietnamese national has been charged with laundering money from a sprawling “pig butchering” cryptocurrency scam that U.S. federal prosecutors say bilked one victim out of roughly $16 million, and moved tens of millions more through his digital wallets over several years. Alleged ‘Pig Butchering’ Crypto Fraud Trung Nguyen Van, 37, faces a two-count criminal […]

White House assures no US diesel export ban, says Ted Cruz

The assurance against a diesel export ban suggests a focus on alternative strategies to boost domestic supply, impacting market expectations. The post White House assures no US diesel export ban, says Ted Cruz appeared first on Crypto Briefing.

Fed Moves to Tighten Stablecoin Rules With Two New GENIUS Act Proposals

The Federal Reserve has proposed two rules to help establish oversight for stablecoin issuers under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The proposals were announced by the central bank on Thursday and opened for public comment. Stricter Stablecoin Oversight The first proposal would require payment stablecoin issuers supervised by the […]