Nigeria's EFCC froze over 1,100 crypto traders' accounts due to alleged currency manipulation and money laundering, intensifying concerns about crypto regulation. While the CBN denies a crypto ban, the EFCC's actions and regulatory uncertainties cast a shadow over Nigeria's crypto future.
WeatherlyThailand's SEC is tightening rules against unlicensed crypto platforms, echoing similar actions in other Asian countries like the Philippines and India, while Binance faces regulatory challenges across the region.
WeatherlyBNB Foundation successfully completes its 27th quarterly token burn, removing 1.94 million BNB, valued at $1.17 billion, advancing token scarcity and ecosystem health.
SanyaTigran Gambaryan, a Binance executive, faces prolonged detention in Nigeria due to postponed bail hearing and impending trial on money laundering charges. His family and experts argue he's being unfairly targeted, potentially as a scapegoat for Nigeria's economic struggles, while Binance's compliance practices are under scrutiny.
AnaisBinance's compliance officer, Tigran Gambaryan, faces detainment in Nigeria amid the company's legal battles and regulatory challenges, while Binance seeks redemption through strategic appointments like Martin Grant, aiming to navigate the delicate balance between regulatory compliance and crypto innovation.
AnaisBinance, the world's largest crypto exchange, is making a comeback in India by agreeing to pay a $2 million fine and commit to local regulations, signaling a shift in the Indian crypto landscape towards compliance and collaboration. This move could fuel growth and innovation in India's crypto market, setting a precedent for global regulatory frameworks.
WeatherlyHow did CZ went from flipping burgers in Canadian McDonald's to running a crypto empire worth billions of dollars?
ZoeyNigerian authorities are pursuing Binance executive Nadeem Anjarwalla, who fled custody, facing serious charges totaling $35.4 million, including tax evasion and money laundering, highlighting challenges in regulating cryptocurrencies and international cooperation in financial crime prosecution.
JoyDespite efforts to mitigate risks, the crypto industry remains vulnerable to exploitation by malicious actors. Immunefi's findings underscore the pressing need for robust security measures to safeguard users and infrastructure from future attacks.
BerniceAnalyst Kaleo predicts a surge for Theta Network, TraderJoe, and BNB/BTC based on market analysis. While his projections offer potential gains, investors should approach with caution and conduct thorough research.
BerniceCoins.ph, the first Philippine exchange to support BRC-20 tokens, has listed the popular ORDI token, marking a significant step in digital asset innovation. The move empowers users and positions the exchange as a leader in the evolving crypto landscape.
Bernice
JinseFinanceAccording to Marc Fagel, an SEC veteran and former Director, a ruling in the case between the SEC and Ripple might be coming in days.
cryptopotatoBinance disagrees with the SEC's allegations
BinanceThe recent Wells notice from the SEC to Coinbase has sparked another reaction from Ripple.
Bitcoinist
Coinlive Crypto.com exchange follows in FTX's footsteps by targeting aggressive expansion in Europe after receiving CySEC approval.
CointelegraphThe SEC is reportedly suspicious that the world’s biggest crypto exchange sold unlicensed securities in its ICO, and the news agency tallied up some old cases.
CointelegraphJoseph Hall believes that the SEC is not yet ready to handle litigation cases involving cryptocurrencies as securities, making it difficult for it to win a lawsuit against Ripple.
CointelegraphThe Crypto Assets and Cyber Unit of the SEC’s Enforcement Division, which is tasked with policing cryptocurrency firms, will add 20 people to its staff.
Cointelegraph