DOJ Indictment Accuses KuCoin Crypto Exchange of Laundering $9 Billion and Violating Anti-Money Laundering Regulations

DOJ Indictment Accuses KuCoin Crypto Exchange of Laundering $9 Billion and Violating Anti-Money Laundering Regulations

DOJ Indictment Accuses KuCoin Crypto Exchange of Laundering $9 Billion and Violating Anti-Money Laundering Regulations Accuses KuCoin Crypto Exchange of Laundering $9 Billion The Department of Justice has brought charges against the cryptocurrency exchange KuCoin and its two co-founders, accusing them of breaching anti-money laundering regulations. On Tuesday, the DOJ announced an indictment against KuCoin […]

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Binance US Unsuccessful in Providing Accounting Statements Even After Extension

Philippine regulators are initiating measures to restrict local traders’ ability to use Binance

Philippine regulators are initiating measures to restrict local traders’ ability to use Binance On Monday, the Philippines Securities and Exchange Commission (SEC) announced it is taking action to limit access to the globally leading crypto exchange by daily trading volume.  This decision comes as Binance lacks the necessary regulatory approval to function within the country. […]

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USDGLO: Bridging the Gap Between Fiat and Crypto in the Global Economy

DAO Assets Surge by Over $20 Billion in 4 Months During Cryptocurrency Market Rally

DAO Assets Surge by Over $20 Billion in 4 Months During Cryptocurrency Market Rally Four months back, a total of 179 decentralized autonomous organizations (DAOs) each had treasuries worth over $1 million. As of today, that number has risen to 211 DAOs. Since November 1, 2023, the combined value of these DAO treasuries has surged […]

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MicroStrategy Adds 850 Bitcoin Worth $37.2 Million in January

Bitcoin Surges Past $70,000, Highlighting a Remarkable Comeback

Bitcoin Surges Past $70,000, Highlighting a Remarkable Comeback On Monday, Bitcoin’s value rebounded to the $70,000 level after previously dropping to just below $60,000 the week before. In the last 24 hours, its exchange rate against the U.S. dollar surged by 7%, hitting a high of $70,645 per bitcoin. Bitcoin’s Rapid Recovery Since March 14, […]

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EU Launches Investigations into Tech Giants for Potential DMA Violations

EU Launches Investigations into Tech Giants for Potential DMA Violations

EU Launches Investigations into Tech Giants for Potential DMA Violations The European Union has initiated probes into several leading global tech corporations over accusations of anti-competitive behaviors. Notably, Meta, Apple, and Alphabet (Google‘s parent company) are under scrutiny for possibly violating the Digital Markets Act (DMA), which was enacted in 2022. These companies could face […]

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