CryptoNews

SEC Scores 'Huge Victory' in Binance-DOJ Settlements, Former SEC Official Says – Legal Bitcoin News

The U.S. Securities and Exchange Commission’s former head of internet enforcement has detailed why the SEC is a huge winner in the Binance settlements with the U.S. Department of Justice (DOJ), the Treasury, and other federal authorities. He stressed that what Binance has agreed to could “strengthen” the SEC’s lawsuit against the crypto exchange and its former chief executive. ‘SEC…
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How Analysts Think Binance's $4.3B Settlement Will Help Crypto Grow – Bitcoin News

While the recent settlement between Binance, its former CEO Changpeng Zhao, and the U.S. Department of Justice (DOJ) has shocked the entire crypto industry due to the supposed money laundering and terrorism-related financial implications it has, many analysts and execs believe this is ultimately a good outcome, considering that it will cause the crypto space to grow absent uncertainties related to…
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US Prosecutors Urge Court to Keep Binance's Ex-CEO in the Country Amid Flight Risk Concerns – Bitcoin News

In the wake of the settlement between the U.S. Department of Justice and Binance, the world’s largest crypto exchange, federal authorities are insisting that the exchange’s former CEO, Changpeng Zhao (CZ), remain stateside until his sentencing in February 2024. Justice Department Seeks to Restrict Ex-Binance CEO’s Travel Before Sentencing A recent court filing reveals that U.S. prosecutors…
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Stitch Launches Payment Service Allowing Customers to Settle With Crypto in South Africa – Africa Bitcoin News

A new product offering recently launched by Stitch, a South African payment service provider, now enables customers to settle transactions with crypto. According to Stitch, this new functionality makes it possible for customers to pay with bitcoin (BTC) or ether (ETH). Local Businesses to Receive Payment in Local Currency A South African payments service provider, Stitch, has reportedly launched a…
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