Binance and its founder Changpeng”CZ” Zhao has admitted to violating United States laws around money laundering and terror financing — agreeing to pay $4.3 billion in fines Here’s where it all started. Feb. 15: Binance was under suspicion since 2018 Reports emerged that Binance is the target of several United …
Read More »
With the amendment sailing through unopposed, Emmer emphasized the potential roles of other government bodies, such as the Department of Justice and the Treasury, in managing any possible misconduct within the crypto industry. United States Congressman Tom Emmer is advocating for a significant change that aims to limit the powers …
Read More »
Gensler mentioned that the agency initiated over 780 enforcement actions in 2023 leading to $5 billion in judgments and orders. The agency also distributed $930 million being distributed to investors. Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), discussed the regulatory body’s enforcement efforts during his speech …
Read More »
Effective altruism was used to justify “increasingly risky and ridiculous” actions at crypto exchange FTX prior to its ultimate collapse in November 2022, says a former software engineer at Alameda Research. Speaking to Cointelegraph just days before FTX founder Sam Bankman-Fried’s Oct. 3 trial, Aditya Baradwaj shared how the ideology …
Read More »
The United States House Financial Services Committee will hear how the Securities and Exchange Commission is changing its oversight and rules to keep pace with technological advancements, including cryptocurrencies and artificial intelligence. SEC Chair Gary Gensler is set to outline how the U.S. securities regulator is updating its rules to …
Read More »
United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance, Coinbase, and Ripple, but not every company has been subject to the same treatment. Gary Gensler, serving as SEC chair since 2021, has been widely criticized by many lawmakers and …
Read More »
With about two weeks to go until the start of Sam Bankman-Fried’s trial, yet another trove of documents replete with everything from his early life to unverifiable attempts at exonerating himself has surfaced. Lots of Words, Little Substance Sticking to the tone of his lengthy – yet ultimately trite – …
Read More »
When providing his opinion on the regulatory environment for cryptocurrencies in Canada compared to the United States, Anthony Scaramucci stated that Canada had learned from the US. Anthony Scaramucci, Skybridge Capital’s founder, voiced his opinion on the increased regulatory environment in the United States, attributing it to the actions of …
Read More »
Cryptocurrency markets have been trading within an unusually tight 5% range since March 17 as conflicting forces continue to pressure the sector. Consequently, in the past 7 days, the total market capitalization gained 3.8%, which was driven mainly by Bitcoin’s (BTC) 3.6% price increase and Ether’s (ETH) 5% gain. Total …
Read More »
Warning: This post contains spoilers for Love Is Blind season 4. While Kwame Appiah was excited to find The One on Love Is Blind season 4, his messy love triangle with Chelsea Griffin and Micah Lussier sparked backlash from critical viewers. “Waking up to some really nasty messages, so I’ll share 1 …
Read More »
After twenty days of holding the $22,500 help, Bitcoin (BTC) value lastly broke down on Feb. 9. Bullish merchants had positioned their hope on a sustained rally, however this has been changed by a good buying and selling vary with resistance at $22,000. The downtrend is much more regarding for …
Read More »
President Joe Biden solely briefly addressed China throughout his State of the Union deal with Tuesday night, however his phrases fell flat contrasted with actions he has taken in opposition to the nation, Republicans mentioned after the speech. Regardless of escalating tensions between China and Taiwan within the Pacific and …
Read More »