Binance Staff Accused of Assisting China Users to Bypass KYC Regulations
A recent report has stated that Binance employees and volunteers have been aiding customers in China to bypass the exchange’s Know Your Customer protocols.
Moody’s Believes CBDCs Threat Bank’s Profits
Moody’s believes the introduction of cross-border transaction technology related to CBDCs could be detrimental to banks as the new infrastructure would reduce their role significantly.
Terraform Labs CEO Charged with 8 Counts
US prosecutors in New York have charged Terraform Labs CEO Do Kwon with eight counts of fraud.
ARK Invest Resumes Coinbase Shares Purchases
ARK Invest has purchased a total of 268,928 Coinbase shares worth $17.8 million.
Circle Partners with Xapo Bank to Bypass SWIFT
Xapo Bank has partnered with financial technology company Circle to introduce USD Coin (USDC) payment rails as an alternative to SWIFT.
France Considers Ban on Crypto Influencer Ads
French lawmakers have proposed amending Bill no. 790 to include a ban on the promotion of certain financial products and services by electronic means.
SEC Files Lawsuit Against Tron Founder Justin Sun
The United States Securities and Exchange Commission has filed a lawsuit in the US District Court for the Southern District of New York against Justin Sun.
