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

Coins Legend August 8, 2025 0

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

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

Coins Legend August 8, 2025 0

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 […]

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

Coins Legend August 8, 2025 0

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 […]

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

Coins Legend August 8, 2025 0

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

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

Coins Legend August 8, 2025 0

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

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Trump Signs 2 Executive Orders That Could Boost Crypto Markets

Coins Legend August 8, 2025 0

Two sweeping executive orders promise to transform U.S. finance, with President Donald Trump fortifying banking freedoms and unlocking cryptocurrency access in retirement accounts for millions seeking greater diversification and financial independence. 2 Executive Orders Could Reshape US Finance With Banking Protections and Crypto in Retirement White House crypto czar

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Ripple Strikes $200M Deal With Rail to Dominate Global Stablecoin Payments

Coins Legend August 8, 2025 0

Ripple aims to build the world’s most advanced stablecoin payments network through its $200 million Rail acquisition, targeting global infrastructure, real-time settlement, and institutional-grade compliance. Ripple Acquiring Rail to Build the Ultimate Stablecoin Payments Powerhouse Ripple announced on Aug. 7, 2025, that it will acquire Rail, a payments infrastructure

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Trump Bans Debanking, Citing ‘Digital Asset Industry’ Targeting

Coins Legend August 8, 2025 0

President Donald Trump signed an executive order Thursday prohibiting federal regulators from enabling financial institutions to deny services based on political beliefs, religious beliefs, or lawful business activities such as crypto services. White House: ‘The Trump Administration Has Already Ended Operation Chokepoint 2.0’ According to the Fact Sheet release, the order

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Blackrock Will File for Spot XRP ETF, Says Expert as Finish Line Approaches

Coins Legend August 8, 2025 0

Blackrock, the world’s largest asset manager, is believed to be targeting spot XRP, according to an ETF expert, signaling a major push as crypto demand and momentum accelerate. Blackrock Could Be Closing in on Spot XRP ETF, Expert Says Nate Geraci, president of registered investment advisor Novadius Wealth Management, joined the Thinking Crypto podcast, published […]

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Union Jack Oil Plans Bitcoin Mining Using Stranded Gas, Considers BTC Treasury 

Coins Legend August 8, 2025 0

UK-focused onshore hydrocarbon producer Union Jack Oil plc is exploring bitcoin mining powered by natural gas at its West Newton site and may adopt a corporate bitcoin treasury strategy if the initiative succeeds. Onshore Gas to Bitcoin: Union Jack Advances Crypto Mining Venture Union Jack (AIM: UJO), holding a 16.665% stake in license PEDL183, announced […]