Boris Johnson’s brother Jo has resigned from his position as an adviser to the Binance cryptocurrency trading platform. In addition, Lord Johnson of Marylebone’s official documents reveals that he just started working in the position in September. The cryptocurrency market is in a volatile situation right now. And the business
The newest Twitter Poll by Elon Musk asked whether he should resign as Twitter’s CEO, and the result sent Dogecoin’s price down more than 10% today and almost 16% in the last 7 days, to its current trading level of $0.07. Recent events have been devastating for the cryptocurrency market
The former CEO of FTX, Sam Bankman-Fried’s defense lawyer Jerone Roberts announced on Monday afternoon that “his client has accepted to voluntarily extradited to the United States”, where federal authorities have prosecuted SBF with eight charges of fraud and conspiracy. The 180-degree door was turned open by Bahamas officials for
The biggest cryptocurrency exchange by trading volume, Binance, has announced its top three most-watched cryptocurrencies. Bitcoin, Ethereum, and Shiba Inu are the three most-watched cryptocurrencies as per Binance this year. In the wake of FTX’s decline, the cryptocurrency market has been suffering. Investor faith in cryptocurrencies has been shaken by
Crypto.com, a cryptocurrency trading platform, has been granted a Payment Institution License (EMI) by Brazil’s Central Bank. The approval means the company may keep providing its services and goods related to digital assets to citizens of the South American nation. CEO Kris Marszalek recently said that Crypto.com is “incredibly proud”
Hong Kong initiated its steps toward legalizing retail cryptocurrency trading by introducing the two ETFs (Exchange Traded Funds) on the 16th of December. Both ETFs track the US-listed cryptocurrency futures, BTC and Ether. BTC and Ether are the first two futures ETFs that are been listed in the Asian exchange
Sherrod Brown, the head of the United States Banking Committee, propounded that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to embargo Cryptocurrency. He further stated that the Treasury Department and “all the other agencies” should evaluate any potential actions linked to the Cryptocurrency market. Brown
According to Binance’s Director of Governmental Relations in the Commonwealth of Independent States (CIS), Olga Goncharova, Binance is willing to assist the Central Bank of Azerbaijan (CBA) in developing procedures for crypto regulation. The Binance spokesman told Azerbaijan’s Trend News Agency that regulatory issues were addressed during a recent meeting
The overall philosophical trust upon the crypto exchanges are devastating the entire crypto industry terribly. With the fall of FTX exchange, the entire notion people had upon the crypto exchanges took a bad turn. Ever since then, exchanges are ultimately towards the aim of restoring the lost trust, and faith
The investment and asset management firm BlackRock has released its forecast for the financial markets in the next year. The firm, which is believed to handle $8 trillion in assets, predicts a downturn due to central banks’ anti-inflationary measures. But its 2023 Global Outlook research claims that this recession would
