A judge in Nigeria reportedly adjourned proceedings in a case against Binance and two executives until May 17 to allow lawyers to review certain documents.
Category: Regulation News
Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?
Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin.
Arkansas bills reining in crypto miners heads for governor approval
Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law which will regulate miners’ noise, water use and licensing.
Crypto firms among ‘greatest risks’ for money laundering in 2022-2023: UK govt
Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report.
US probes Jack Dorsey’s Block, Inc. over financial transactions: Report
U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups.
States’ backlash against Binance.US continues with 6th license pulled
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.
Proposed US bill wouldn’t allow taxing block rewards at acquisition
If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when […]
Changpeng Zhao gets 4 months, Sam Bankman-Fried gets 25 years — Why?
One former CEO went to trial and maintained his innocence, while one admitted fault and turned himself in.
Extradition papers ready for Binance’s Anjarwalla, says INTERPOL Africa
The Interpol official did not confirm that Anjarwalla is currently held in Kenya but noted that the fleeing crypto executive was last seen in the […]
Crypto veterans call out DOJ for targeting Roger Ver a decade after he left US
Many members of the crypto community criticized the U.S. government for its indictment against Ver, with some calling it part of the broader anti-crypto stance […]