Justin Sun’s Realm Under Siege: USDD Depreciation Strikes Again!
Sun's stablecoin USDD depegged, reflecting broader struggles in Poloniex and HTX. Despite past controversies, Sun's ventures face ongoing challenges.
Xu LinSun's stablecoin USDD depegged, reflecting broader struggles in Poloniex and HTX. Despite past controversies, Sun's ventures face ongoing challenges.
Xu LinA war of words is taking place on CryptoX as Hilary Clinton launches an attack on Bitcoin (BTC), prompting comments from Mike Novogratz.
JinseFinanceLUNC community approves Proposal 12033 for mandatory KYC, enhancing Terra Luna Classic's security and fostering confidence.
EdmundSince 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
CaptainXBinance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
CaptainXBinance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
CaptainXWhile most crypto exchanges have begun implementing KYC mandates, investors still have the choice to opt for crypto exchanges that promote greater anonymity by not imposing KYC.
CointelegraphOne of the quickest ways to ensure crypto’s mainstream adoption is by working with the regulators, which includes implementing effective and investor-centric KYC and AML tools.
CointelegraphWith the regulatory push for a tighter identification standards rises, the crypto industry definitely has some innovations to offer.
CointelegraphDecentralized exchanges must figure out how to improve their KYC compliance before the wave of regulation arrives.
Cointelegraph