China News by Thebittimes.Com

Paraguay President Santiago Peña has disowned a post from his official X account that falsely claimed the country had adopted Bitcoin as legal tender. His office said the official X account had ”presented irregular activity that suggests possible unauthorized access” and asked the public to ignore its content. Paraguay President X Account Said Bitcoin Is Legal Tender The unauthorized post had said in English that Paraguay has made Bitcoin legal tender in the country. The now-deleted post added that Paraguay has established a BTC reserve with $5 million, and also provided a wallet address for investors to “secure [their] stake.”  The address shared in the post had barely been used, and only had around $4 worth of BTC. Peña’s post yesterday was also the first one that had been written in English, adding to concerns that his account may have been hacked. 🚨BREAKING:🚨 IT SEEMS LIKE PARAGUAY'S PRESIDENT "X ACCOUNT" IS H...

Societe Generale-Forge, a subsidiary of France’s third -largest bank , has obtained registration with the Autorité des marchés financiers (AMF), the French financial markets regulator, as a digital asset service provider. Societe Generale’s Subsidiary Registers as Digital Asset Service Provider The digital asset subsidiary of Societe General Group, Societe Generale-Forge, is now registered with France’s financial regulator, the Autorité des marchés financiers (AMF). Societe Generale is France’s third-largest bank by total assets. According to the AMF’s list of registered Digital Asset Service Providers (DASPs), Societe Generale-Forge obtained registration on Sept. 27. The company is now authorized to offer digital asset custody service, the purchase and sale of digital assets for legal tender , and the trading of digital assets against other digital assets in France. Societe Generale-Forge provides issuers and investors with end-to -end services to...