Binance has recently achieved a significant regulatory milestone by registering with India’s Financial Intelligence Unit (FIU-IND). This move, as reported on Aug. 15, marks an important step for the crypto trading platform in expanding its compliance to 19 jurisdictions, the highest number among similar platforms. The registration with FIU-IND underscores Binance’s commitment to upholding anti-money
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The co-founder of Gemini, Tyler Winklevoss, did not hold back in his recent post where he called the “reset” of Vice President Kamala Harris’ crypto stance a “scam.” This comes on the heels of the Federal Reserve’s crackdown and a roundtable discussion that Harris failed to attend on August 8th. Winklevoss took aim at the
The recent regulatory action taken by the US Federal Reserve against Customers Bank has raised concerns within the crypto community. The Fed’s move comes after allegations that the bank violated several financial regulations, including the Bank Secrecy Act and Anti-Money Laundering laws, due to its involvement with digital assets. Operation Chokepoint 2.0 Resurfaces Tyler Winklevoss
In a bold move, the American investment management firm, VanEck, has announced an astonishing price target for Bitcoin (BTC) that has left many in the financial world stunned. The forecast suggests that BTC could potentially soar to an eye-watering $52.38 million by the year 2050, a figure that seems almost unfathomable when compared to other
In the world of cryptocurrency trading, market volatility and price fluctuations are common occurrences. For investors looking to purchase Bitcoin, the pioneer cryptocurrency, determining the best times to enter the market can be a daunting task. However, a crypto analyst known as ‘Stockmoney Lizards’ has recently shared insights on key price levels to monitor for
Bitcoin has been the subject of much speculation in recent years, with experts like hedge fund manager James Lavish predicting that the flagship cryptocurrency could rise to an impressive $428,000. Lavish pointed out that for this ambitious price target to be achieved, Bitcoin would need to become 1% of the $900 trillion investment assets worldwide.
Robert Kennedy Jr., an independent candidate for the US presidency, has recently unveiled a groundbreaking financial policy plan during the industry day of the annual Bitcoin conference in Nashville, Tennessee. This plan aims to position the United States as the world’s largest holder of Bitcoin, with the strategic acquisition of Bitcoin valued at $619 billion
Coinbase, a prominent crypto company, faced a setback when the UK’s Financial Conduct Authority (FCA) imposed a hefty fine of £3.5 million for Anti-Money Laundering breaches. This fine was a result of CB Payments Limited (CBPL), a Coinbase Group subsidiary, repeatedly violating the FCA’s guidelines. Despite an initial fine of £5 million, CBPL managed to
In a unanimous decision, the United States House of Representatives passed the Financial Technology Protection Act, signaling a significant step in the fight against illicit activities and terrorism financing through digital means. This bill, introduced by Representative Zach Nunn, aims to establish a governmental working group to address these issues effectively. The proposed working group
I am Godspower Owie, a native of Edo State, Nigeria. Growing up with my three siblings, I found inspiration and guidance from them, shaping my understanding of life. My parents played a crucial role in my journey, offering unwavering support through thick and thin. Their presence provided me with a sense of security and stability