Binance has been fined $2.25 million (Rs 18.82 crore ) by India’s Financial Intelligence Unit (FIU) for violating the country’s anti-money laundering regulations, reports Reuters. “After considering the written and oral submissions of Binance, the Director, FIU-IND, based on the material available on record, found that the charges against Binance were substantiated” the financial watchdog
Bitcoin BTC with altcoin digital coin crypto currency, BNB, Ethereum, Dogecoin, Cardano, defi p2p … [+] decentralized fintech market getty Cryptocurrency has emerged as a lucrative financial asset class, with Bitcoin Bitcoin , the pioneering digital currency, experiencing a meteoric rise and recently surpassing its all-time high of nearly $69,000, set in late 2021. This
Updated Jun 2, 2024, 16:41 IST Prominent players such as OKX and Bybit have withdrawn their bids for permits, signaling a mixed response from the industry. Surprisingly, Binance Holdings, the world’s largest exchange, along with major platforms like Coinbase Global and Kraken, opted not to apply for licenses. Hong Kong’s Shift to Digital Assets (Image
Crypto goes up, and crypto goes down. Then, often, crypto goes back up. It can be a dizzying and volatile cycle. Just collapsed cryptocurrency exchange FTX’s customers, who, having once feared they’d lost their collective billions, can now take solace from the news Tuesday (May 7) that FTX’s bankruptcy team is ready to repay them