While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license.
Read more
Worldcoin Faces Over $1 Million in Fines in Buenos Aires for Legal Violations
Worldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment
Read more
CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud
The CFTC has brought or resolved 10 fraud cases involving digital assets or foreign exchange since June 2023, Commissioner Kristin Johnson said.
Read more
Iraq Issues Ban on US Dollar Transactions to Bolster Usage of Iraqi Dinar
The government of Iraq issued a ban on using the U.S. dollar for conducting business transactions on May 14. The ban, which is already in
Read more
Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School Violence
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of
Read more
Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the
Read more