CryptoNews

Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust

September 25, 2024
iCrypto exchanges Binance and Tokocrypto collaborated with Indonesian authorities enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the investigation, multiple individuals involved in managing the accounts that received the stolen funds were arrested,” Binance stated. Binance and Tokocrypto Help Bust Major Crypto Fraud in Indonesia Crypto exchange…
Read more
CryptoNews

Congressman Blasts SEC Chair Over Crypto Regulation Failures

September 25, 2024
Congressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to cryptocurrency regulation. “The SEC broke the law, your attorneys lied to the court, and…
CryptoNews

Commerzbank Partners With Deutsche Börse's Crypto Finance to Expand Crypto Services

September 20, 2024
Commerzbank, one of Germany’s largest banks, has partnered with Deutsche Börse subsidiary Crypto Finance to offer secure bitcoin and ether services to its corporate clients. The collaboration focuses on seamless trading and custody solutions, ensuring regulated access to digital assets for select clients in Germany. This marks an important step towards broadening institutional crypto services…
Read more
CryptoNews

Louisiana Announces Crypto Payment Options for State Services

September 20, 2024
The U.S. state of Louisiana has announced that residents can now use bitcoin, bitcoin lightning, and USD Coin to pay for state services through private, secure crypto wallets. “By introducing cryptocurrency as a payment option, we’re not just innovating; we’re…
CryptoNews

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

September 19, 2024
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong…
CryptoNews

Binance Seeks Release of Jailed Employee Before Pursuing Nigerian License

September 19, 2024
Binance has made the release of Tigran Gambaryan a condition for seeking registration in Nigeria. The exchange is reluctant to register due to outstanding issues with the government. It reportedly believes the SEC’s hastily formulated framework is not supported by law. Despite this, Binance reportedly remains popular among Nigerian users. Binance Conditions License Application on Resolution of…
Read more
CryptoNews

FBI Seizes Websites Linked to Crypto Recovery Fraud

September 16, 2024
The Federal Bureau of Investigation’s San Diego office has seized websites linked to three fraudulent cryptocurrency recovery services. The scam preys on victims of crypto fraud by promising recovery of lost funds, often charging significant fees without delivering results. The FBI advises the public to be cautious, avoid upfront payments, and verify any claims of law enforcement…
Read more