Venezuela's Binance users are experiencing difficulty accessing the exchange website. It is unclear whether it was blocked intentionally or not, and what impact it will have on the country's monetary system.
Shortly after receiving approval from the local anti-money laundering watchdog, Binance is now haunted by another regulator. Other global crypto exchanges might face the same charges.
Venezuela's Binance users are experiencing difficulty accessing the exchange website. It is unclear whether it was blocked intentionally or not, and what impact it will have on the country's monetary system.
Shortly after receiving approval from the local anti-money laundering watchdog, Binance is now haunted by another regulator. Other global crypto exchanges might face the same charges.
The regulatory body could drop its charges related to ten tokens issued by entities other than Binance. The move might indicate that the SEC faced difficulties in prooving its position.
In a recent interview, He Yi, Binance's co-founder and Chief Customer Service Officer, and the mother of CZ's children, commented on the company listing process.
Whales and exchanges accumulated significant amounts of Bitcoin during the recent price dip, which, along with other data, indicates bullish sentiment on the market.
The recent Supreme Court decisions curtail the SEC's regulatory and enforcement powers over the cryptocurrency sector. These rulings emphasize the need for clear congressional authorization for these kinds of regulatory actions.
Binance executives Tigran Gambaryan and Nadeem Anjarwalla were excluded from the tax evasion case but remain included in the money-laundering charges. Gambaryan, the only present defendant, is reportedly being held in difficult conditions.
