Crypto Weekly: from stablecoins to Syria

STORY: From SocGen’s stablecoin to why Binance is opening up to Syria.

:: Crypto Weekly

This is Crypto Weekly.

:: Societe Generale’s stablecoin

French bank Societe Generale is to become the first major European lender to launch a dollar-pegged stablecoin.

It will launch via its crypto subsidiary SG-FORGE,

Named “USD CoinVertible” – it will exist on the Ethereum and Solana blockchains.

And is expected to be publicly tradable from July.

:: New York crypto kidnapping case

Two men pleaded not guilty on Wednesday (June 11) to charges they kidnapped a man for three weeks in Manhattan’s upscale SoHo neighborhood.

They’re accused of shocking him with electric wires and dangling him over a staircase to try to get him to…

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