The Financial Intelligence Unit (FIU) issued non-compliance notices to several major foreign crypto exchanges in December 2023, demanding adherence to KYC and AML regulations. This was followed by app store bans and URL blocking, effectively shutting down access for Indian users. The foreign crypto exchanges are Binance, HTX, Kraken, Gate.io,
Binance Holdings Ltd., a major cryptocurrency exchange, faces significant legal repercussions in the United States. US prosecutors are strongly advocating for a federal judge in Seattle to approve a plea deal with Binance, which has admitted to serious violations including anti-money laundering and sanctions breaches. The plea deal involves Binance
The biggest and most liquid cryptocurrency derivatives platform, Binance Futures, today unveiled the Futures Ultimate Challenge, in which users can contend for bitcoin token prizes by correctly forecasting the daily price of bitcoin and compete to win a Tesla Model Y in four weekly challenges. The four-week Binance Futures Ultimate
Valentine’s Day, a day to celebrate relationships and love, is here. Romance is in the air, but con artists who prey on your money instead of your heart are never too far away. Finding our soul mate has become a whole new experience thanks to the internet age. To start
The sentencing for the largest crypto exchange, Binance founder Changpeng Zhao, also known as CZ, on a money laundering charge, has been postponed until April 30, as per the announcement made by the Seattle Federal Court. Originally set for Feb. 23, the delay’s reasons remain undisclosed. Zhao’s sentencing has garnered
As regulatory hurdles continue to pile up, crypto exchange Binance has stated its plan to sell its shares in GOPAX, a significant exchange in the South Korean crypto market. As the biggest stakeholder with a substantial 72.26% stake, Binance established its relationship with GOPAX via its purchase of the exchange.
Uzbekistan is preparing to confront Binance over unregistered operations in the nation. Legal action against Binance for operating illegally in the nation has been declared by the National Agency for Prospective Projects (NAPP). This action highlights the growing regulatory expectations placed on cryptocurrency exchanges throughout the world. Moreover, the NAPP
The leading altcoin, Chainlink (LINK), has captured attention as large-scale investors, known as crypto whales, have initiated a significant accumulation of LINK tokens. Following LINK’s surge to a remarkable two-year high of $19.62 on Monday reports from blockchain analytics firm Lookonchain have unveiled intriguing insights into the buying spree among
Following Binance’s announcement that it would delist the Monero (XMR) privacy coin from its platform, the price of the privacy-focused cryptocurrency fell to levels not seen in months. Binance said on February 6 that Monero (XMR) would be delisted from the exchange on February 20, 2024, along with other currencies
Binance’s recent listing of the RONIN (RON) token has stirred controversy after it was revealed that certain team members had early access, prompting a sharp decline in its price. In response to the uproar, the world’s largest crypto exchange co-founder, Yi He, has pledged to bolster confidentiality measures surrounding listing
