Binance Under Investigation in France for ‘Aggravated’ Money Laundering
Binance is accused of illegally canvassing local customers outside of the legal framework, and for implementing poor money laundering checks.
Policy
EU to Consult on Crypto Complaints, Conflict of Interest Rules in July
The bloc’s securities-market authority ESMA is to fill in the details of the flagship crypto law MiCA
Binance.US, SEC Ordered to Start Negotiations Wednesday Amid Asset Freeze Tussle
A U.S. federal judge on Tuesday rejected SEC’s request to order a freeze on Binance.US’ assets – provided the parties could agree on limits.
Binance Seeks to Withdraw Cyprus’ Unit Crypto Service Registration
Binance won registration as a crypto asset service provider (CASP) in Cyprus in October last year.
Bitstamp, Interactive Brokers Join UK Crypto Register as First Additions in 6 Months
The two are the first companies added by the Financial Conduct Authority to the crypto register in six months.
Binance’s Nigeria Unit Ordered to Halt ‘Illegal’ Operations by Securities Watchdog
The order against Binance Nigeria Limited follows U.S. SEC allegations that the exchange had violated federal securities laws.
CFTC Wins Lawsuit Against Ooki DAO
A judge ruled in favor of the CFTC in its lawsuit against Ooki DAO. (Pixabay)
Mt. Gox’s Hackers Are 2 Russian Nationals, U.S. DOJ Alleges in Indictment
The U.S. Department of Justice charged Russian nationals Alexey Bilyuchenko and Aleksandr Verner with hacking Mt. Gox in 2011, at the time one of the biggest thefts in the crypto industry.
Curve Finance CEO Egorov Sued by 3 DeFi-Focused Venture Capital Firms
Michael Egorov, the CEO of decentralized finance (DeFi) firm Curve Finance, is being sued for fraud by venture capital firms ParaFi Capital, Framework Ventures and 1kx in the U.S.
Providing Regulatory Clarity (Binance and Coinbase Edition)
The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward.