Paxos Agrees to $48.5 Million Settlement Over AML Deficiencies Linked to Binance Partnership

The New York State Department of Financial Services (DFS) has reached a $48.5 million settlement with Paxos Trust Company due to deficiencies in its anti-money laundering (AML) program and failures in due diligence related to its partnership with Binance. Superintendent Adrienne A. Harris announced that Paxos will pay a $26.5 million penalty and invest an … Read more

Ethereum Treasury Companies Are a Better Buy Than US Spot Ether ETFs, Standard Chartered Says

The bank says both ether ( ETH) holding companies and exchange-traded funds are neck-and-neck when it comes to the amount of ETH bought since June. Why Ethereum Treasury Holdings Beat Spot ETFs, According to Standard Chartered Geoffrey Kendrick, head of digital assets research at London-based Standard Chartered Bank, delivered a nugget of alpha that many … Read more

US Imposes 39% Tariff on Swiss Gold, Impacting Global Market Dynamics

The United States has implemented a 39% tariff on imports from Switzerland, effective August 7, 2025, significantly impacting the Swiss gold refining industry. This tariff, the highest among developed nations, specifically targets one-kilo and 100-ounce gold bars, which were previously exempt from such taxes. The move is part of a broader strategy to address a … Read more

Peter Schiff Warns of Looming US Dollar Collapse With BRICS Poised to Rise

The U.S. dollar is hurtling toward collapse, threatening to obliterate American living standards, economist Peter Schiff warns, as deficits soar, inflation bites, and emerging markets gain unstoppable momentum. US Dollar Collapse Will Impoverish the Vast Majority of Americans, Peter Schiff Warns Economist and gold advocate Peter Schiff issued a sharp critique of recent U.S. trade … Read more

World Liberty Financial Launches USD1 Points Program—Exchanges Ready to Accelerate Adoption

World Liberty Financial is unleashing a sweeping multi-exchange rewards push tied to USD1, setting the stage for crypto’s boldest loyalty rollout and sparking fierce competition across platforms. WLFI Ignites Multi-Exchange USD1 Rewards—Could This Trigger a Loyalty Arms Race? World Liberty Financial (WLFI) announced on social media platform X on Aug. 7 that it is preparing … Read more

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