Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.
Binance
Binance Completes Registration With India’s Financial Intelligence Unit Months After Being Fined
The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million.
Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering
The Latin American country’s agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products.
Binance Says Venezuela Platform Is Being Hit by Access Restrictions
The Venezuelan government has blocked various websites, including the social network X, following allegations of fraud in the July 28 presidential elections.
Here’s Why XRP Whales May Prefer U.S. Exchanges Over Offshore Venues
XRP’s order book on U.S. exchanges is 30% more liquid than offshore platforms.
Binance Has Challenged India’s $86M Tax Showcause Notice: Source
Binance, the world’s largest cryptocurrency exchange, has “challenged” a nearly $86 million tax notice from India’s Directorate General of Goods and Services Tax Intelligence (DGGI), a person directly involved with the matter told CoinDesk.
WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery
Indian cryptocurrency exchange WazirX’s co-founder Nischal Shetty told CoinDesk that outreach efforts to different exchanges “are going to be crucial,” as it remains open to “everything that is possible to help solve this situation.”
A Second Look at Third-Party Token Allegations in the SEC’s Case Against Binance
Last week, a federal judge convened a hearing for the U.S. Securities and Exchange Commission’s case against Binance after publishing her ruling on Binance’s motion to dismiss the SEC lawsuit.
Detained Binance Exec Tigran Gambaryan Wheeled into Nigerian Court as Health Deteriorates
Detained American Binance executive Tigran Gambaryan had to be pushed into an Abuja, Nigeria courtroom today in a wheelchair, after a herniated disc in his back left him in severe pain and “hardly able to walk,” according to a Monday report from his family.
A Crypto Trading Clampdown Expands Beyond Binance to Another Large Exchange
Crypto exchanges are clamping down on fees. (Matt Artz/Unsplash)