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situation – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 13 Feb 2023 12:03:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png situation – DIGIT INFO https://www.digit.info 32 32 Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD https://www.digit.info/paxos-receives-wells-notice-from-sec-nydfs-orders-issuer-to-stop-minting-busd/ Mon, 13 Feb 2023 12:03:11 +0000 https://www.digit.info/2023/02/13/paxos-receives-wells-notice-from-sec-nydfs-orders-issuer-to-stop-minting-busd/ Read more]]> Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSDAccording to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following day that it would no longer mint BUSD and it was ending its […]

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Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets https://www.digit.info/osprey-vies-for-control-of-grayscales-bitcoin-trust-trons-justin-sun-offers-to-invest-up-to-1b-on-dcg-assets/ Sat, 14 Jan 2023 17:30:54 +0000 https://www.digit.info/2023/01/14/osprey-vies-for-control-of-grayscales-bitcoin-trust-trons-justin-sun-offers-to-invest-up-to-1b-on-dcg-assets/ Read more]]> Osprey Vies for Control of Grayscale's Bitcoin Trust; Tron's Justin Sun Offers to Invest Up to $1B on DCG AssetsFollowing charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of the situation.” Additionally, the crypto investment manager Osprey has […]

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Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country https://www.digit.info/kazakhstan-is-stabilizing-government-claims-as-crypto-miners-look-to-future-in-country/ Mon, 10 Jan 2022 12:30:08 +0000 https://www.digit.info/2022/01/10/kazakhstan-is-stabilizing-government-claims-as-crypto-miners-look-to-future-in-country/ Read more]]> Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in CountryThe situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has […]

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