Author: American Coins & Gold

Swiss National Bank to Work With SIX Digital Exchange, 6 Banks on Wholesale CBDC Pilot
The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange.

Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says
The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal.

St.Galler Kantonalbank Works With SEBA Bank to Offer Swiss Customers Bitcoin, Ethereum
The first tier of customers will be wealth management clients , but retail customers are next in line, and other coins and staking services are also planned, said SEBA Bank’s Christian Bieri.

Crypto at the Center of 0M Fraud Case in China
21 people were sentenced in a case involving converting ‘dirty’ USDT to RMB.

A Year After Sam Bankman-Fried's Downfall, Solana and Other FTX Holdings Are Flying High
The value of FTX’s stake in Solana’s SOL token, for instance, has just added $1 billion in two weeks.

Sam Bankman-Fried on Verge of Tears as His Lawyer Concludes Defense

Sam Bankman-Fried’s Defense Argues Ex-FTX CEO Acted ‘In Good Faith’ In Emotional Closing Argument

Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections
Prediction market Kalshi is suing the U.S. Commodity Futures Trading Commission (CFTC) for denying its effort to list derivatives for betting on the outcome of political events – specifically which party will control each chamber of the U.S. Congress after an election.

Protocol Village: Toposware, Specialist in Zero-Knowlege Cryptography, Raises M
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 2-8, with live updates throughout.

Bitcoin Retakes K After FOMC as Solana's SOL Leads Sharp Altcoin Rally
The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.