BUSD deposits and withdrawals via OCBS suspended on Binance.US
Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits. Go to Source Powered by WPeMatico
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Terra co-founder Do Kwon’s jail time in Montenegro will be harsh: Report
Now in custody in Montenegro, Do Kwon could be facing “at least a year” behind bars as the country considers extradition requests, according to one criminal defense lawyer. Go to Source Powered by WPeMatico
Government requests for user data from Big Tech increased by 25%: data
Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year after year from governments around the world. Go to Source Powered by WPeMatico
Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council advisor
Crypto Council for Innovation advisor Sean Lee said more education is needed for policymakers and financial regulators. Go to Source Powered by WPeMatico
Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish ordinary Americans for leveraging a … Read more
Binance concealed ties to China for years, even after 2017 crypto crackdown: Report
Documents reviewed by the Financial Times show that Binance kept staff and operations in China despite announcing its departure in 2017. Go to Source Powered by WPeMatico
US and South Korea request extradition of Terra co-founder Do Kwon
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted. Go to Source Powered by WPeMatico
SEC chief Gary Gensler to face Congress grilling over crypto policy
The chair of the Financial Services Committee said its primary focus would be setting the groundwork for crypto regulations in the United States. Go to Source Powered by WPeMatico
Circle prefers reserves and payment rails with the Fed, says exec
Circle’s APAC Vice President said that the company currently holds 80% of its reserves but would ultimately like to keep all cash with the Fed, in light of the recent banking crisis. Go to Source Powered by WPeMatico
Adoption and nerves — Crypto pumps amid banking crisis
Despite four major banks imploding recently, Bitcoin remains resilient, but questions persist over the long-term sustainability of its ongoing rally. Go to Source Powered by WPeMatico