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…