Binance confirmed to CryptoSlate that Nadeem Anjarwalla, one of its executives detained by the Nigerian authorities, has escaped custody. A Binance spokesperson said: “We were made aware that Nadeem is no longer in Nigerian custody. Our primary focus remains on the safety of our employees and we are working collaboratively with Nigerian authorities to quickly […]
The post Detained Binance executive escapes from Nigerian custody amid tax evasion charges appeared first on CryptoSlate.
Recent EU anti-money laundering regulations (AMLR) have sparked a heated debate about balancing combating financial crime and preserving citizens’ rights to privacy and economic freedom. The new laws, approved by most of the EU Parliament’s lead committees, have drawn criticism and support from various stakeholders. Following an article from Finbold on March 22, originally titled […]
The post Why anonymous crypto wallets are NOT being banned in the EU appeared first on CryptoSlate.
Asset management firm BlackRock selected Coinbase as the key infrastructure provider for its tokenized investment fund, BlackRock USD Institutional Digital Liquidity Fund (BUIDL). According to BlackRock: “BUIDL seeks to offer a stable value of $1 per token and pays daily accrued dividends directly to investors’ wallets as new tokens each month. The Fund invests 100% […]
The post Memecoin donations pour in for BlackRock $100 million token fund partnered with Coinbase appeared first on CryptoSlate.
Crypto exchange OKX is reportedly delisting Tether (USDT) pairs in the EU and will only support USDC and euro-based pairs, according to a message sent to a customer on March 18. The move comes days after the EU released draft technical standards related to stablecoins, which are set to come into effect from June. USDT […]
The post OKX removes USDT pairs in Europe as new stablecoin regulations loom appeared first on CryptoSlate.
Binance said Nigeria is not one of its top markets amid recent issues with authorities in the African country. In a March 13 statement, the exchange revealed its extensive cooperation with local law enforcement agencies to promote the responsible growth of crypto in Nigeria. Over the past weeks, Binance and the Nigerian authorities have been […]
The post Binance says Nigeria ‘not yet one of its top markets,’ despite high crypto adoption in African country appeared first on CryptoSlate.
Crypto.com has incurred a €2.85 million ($3.1 million) fine from the Netherlands Central Bank for operating within the European country without registration for two years. The penalty specifically targets Forix DAX Mt, the Dutch trading entity of Crypto.com. In a March 13 statement, it was revealed that the Apex Bank imposed this fine on the […]
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The New Zealand exchange went offline in 2019 following a cyber attack that saw millions of dollars worth of tokens stolen.
All crypto exchanges and trading platforms that have failed to file for license applications with the regulator by Feb. 29 must wind up their business in Hong Kong by May 31.
To commemorate the 10th anniversary of the collapse of bitcoin exchange MtGox, Mark Hunter, author of “Ultimate Catastrophe: How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin,” tackles the questions that still remain unanswered ten years later.
India banned crypto exchanges that didn’t comply with FIU guidelines, but market experts point to a lack of regulatory clarity and high taxation, forcing crypto traders to rush to foreign exchanges.
AI is escalating the challenge of deepfake frauds in digital identity verification, potentially reshaping cybersecurity.
The SFC has granted multiple licenses since the city opened doors to retail crypto trading last August.
The bank lifted its rating on Coinbase stock to reflect rising crypto prices following the approval of spot bitcoin ETFs in the U.S.
OPNX's volume peaked at just over $600,000, according to CoinGecko data.
The Cboe BZX Exchange filed to list and trade shares of the Global X Bitcoin Trust in August 2023, but did not receive approval on Jan. 10 with other spot Bitcoin ETF applications.
Apple has removed Binance, KuCoin and other offshore cryptocurrency exchanges from its India app store days after nine such entities were sent compliance show cause notices by the Indian government.
The largest cryptocurrency trading venue added 40 million accounts to 170 million.
In his first public interview since getting the job last month after founder Changpeng "CZ" Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the past and that mistakes were made. But Teng, who has held senior positions at Binance for several years, refused to give answers about the company’s governance.