UK FCA Charges First Individual for Illegal Crypto ATM Network

The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya, a 45-year-old Londoner, for illegally operating a network of cryptocurrency ATMs that processed £2.6 million in transactions without the required registration.
The post UK FCA Charges First Individual for Illegal Crypto ATM Network appeared first on Cryptonews. …

PayPal, Venmo Partner with ENS for Crypto Payments

Venmo and PayPal have partnered with Ethereum Name Service (ENS) to allow over 270 million U.S. users to simplify cryptocurrency transfers by using ENS names instead of lengthy wallet addresses, marking a significant step towards user-friendly crypto transactions.
The post PayPal, Venmo Partner with ENS for Crypto Payments appeared first on Cryptonews. …

Community Defends Vitalik’s Layer 2s Stance by Addressing Misconceptions in Roadmap

The Ethereum community has rallied to defend co-founder Vitalik Buterin’s vision for Layer 2 (L2) solutions amidst criticism, with Offchain Labs co-founder Steven Goldfeder addressing misconceptions by revisiting Buterin’s 2020 rollup-centric roadmap.
The post Community Defends Vitalik’s Layer 2s Stance by Addressing Misconceptions in Roadmap appeared first on Cryptonews. …