UAE to Implement AML Rules to Digital Assets
By the end of June, the Central Bank of the United Arab Emirates (CBUAE) will enact rules requiring licensed financial institutions to verify the identities of customers.
Binance Plans to Remove Privacy-centered Tokens in Various European Countries
Starting June 26, Binance customers in France, Italy, Poland and Spain will no longer be able to purchase or trade privacy several privacy coins.
Binance Fires Non-performers
Crypto exchange Binance has had to lay off a portion of its 8,000-strong workforce as its market share diminishes and overall trading volumes decline.
Arthur Hayes: Bitcoin Will Enjoy New Rally in 2024
Arthur Hayes, the former CEO of BitMEX, predicted on the What Bitcoin Did podcast that Bitcoin could reach an all-time high before 2024.
Bali Authorities Initiate Campaign Against Cryptos in Tourism Sector
The provincial government of Bali, Indonesia, has announced that they will no longer allow digital assets to be used for payments in hotels, restaurants, shopping centers, and other establishments.
Former Coinone Employee Pleads Guilty to Bribery Charges
Jung, formerly employed by South Korean crypto exchange Coinone, pled guilty to taking a bribe, according to lawyers from Yonhap. In 2020, broker Hwang Mo allegedly gave Jung 2 billion won ($1.51 million) to list certain digital assets on the platform. When authorities detained other Coinone workers in April 2023, the ‘Furier Coin’ cryptocurrency, which was traded only on Coinone, […]
