Adam Forsyth

Why stablecoins and on-chain liquidity are winning

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Global commerce is expanding rapidly while the traditional payment systems remain outdated, expensive, and slow. Both companies and individuals struggle with high transaction fees and long settlements, and some even have very…

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South Carolina proposes new bill authorizing up to 1 million Bitcoin investment

Key Takeaways South Carolina has proposed a bill to allow state investments in Bitcoin and other digital assets with a cap of one million Bitcoins. The proposed legislation mandates secure custody, transparency, and regular audits of digital asset holdings. Share this article South Carolina lawmakers on Thursday introduced the “Strategic Digital Assets Reserve Act,” a…

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NYAG reaches $200m settlement with Novogratz’s crypto bank Galaxy Digital over LUNA sales

Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200 million settlement with the New York Attorney General’s office over allegations it promoted the algorithmic…

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