According to Arthur Hayes, global cryptocurrency exchange Binance paid one of the largest corporate fines in history for challenging the financial and political status quo in America.
Amnesty’s secretary-general said the EU has a chance to lead with new AI regulations and member states shouldn’t “undermine” the forthcoming AI Act.
Binance.US attorney Matthew Laroche has asked a federal judge to consider ending the SEC’s investigation for potential fraud.
TORN fell from $3.90 to $1.66 after Binance announced it would no longer list the coin.
Binance and CZ’s ongoing legal drama with United States law enforcement ended with a plea deal.
Pending a motion for review filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he awaits sentencing.
The number of tax evasion cases featuring crypto assets rose 35% in 2022.
The agreement was made in a memorandum of understanding, but SBI Holdings must first register as an electronic payment instruments service provider in the country.
According to U.S. sentencing guidelines, CZ could receive a 12–18 month sentence, but the Department of Justice is willing to fight for a longer term.
Cryptocurrency exchange Zipmex has announced it has suspended trading in Thailand to ensure it complies with local regulations.