After being absent from the Japanese market for five years, crypto exchange Binance began the process of establishing a new fully regulated subsidiary in the country. This action follows the acquisition of regulated cryptocurrency platform Sakura Exchange Bitcoin (SEBC) in November 2022.
As part of…
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Japan begins enforcement of anti-money laundering regulations in June
Japan will apply stricter measures from June 1 on cryptocurrency transactions in order to combat money laundering in these operations.
This was announced in a report by the Japanese Parliament, which seeks to apply a strong hand to crimes…
Binance denied that it has mismanagement of its funds
Binance, the cryptocurrency exchange, has strongly denied the allegations of mismanaging its clients' funds. The company responded to a Reuters report that claimed it had mixed customer funds with corporate income.
The Reuters report…
Two men sentenced in Vietnam for theft of USD 1.5 million in Bitcoin
The People's Court of Ho Chi Minh City, in Vietnam, found two men guilty in the case of kidnapping and theft of USD 1.5 million in Bitcoin.
They were identified as Ho Ngoc Tai and Tran Ngoc Hoang, who now have a life sentence. Another 14…
Biden rejected debt limit deal that would benefit crypto traders
US President Joe Biden has voiced his opposition to a debt limit deal with Republican leaders that would supposedly benefit cryptocurrency traders. During a press conference at the Summit of the Group of Seven (G7), Biden described the…
Binance suspends Australian dollar withdrawals
Binance Australia, a cryptocurrency exchange, announced the suspension of its Australian Dollar (AUD) services after its local payment service provider, Zepto, stopped supporting the exchange.
On May 18, Binance Australia tweeted that…
Cryptocurrency companies in Europe must declare user assets
The European Council, in its search to reduce the administrative burdens generated by cryptocurrencies, will extend to exchanges the obligation to declare user assets, such as bitcoin, stablecoins and NFTs.
EU finance ministers are…
The United States could allow bail payments with stablecoins
The Governors of New York introduced Assembly Bill 7024, to implement stablecoin bail payments.
Taking into account that stablecoins have the support of a fiat currency, one can think of greater security and easy integration into the…
The Bank of England highlights the importance of digital currencies
Bank of England director of fintech Tom Hutton recently spoke about the UK's plans to implement a central bank digital currency (CBDC) during the Cryptocurrency and Digital Assets Summit hosted by the FinancialTimes in London.
According to…
French bank BNP Parisbas to promote use of digital yuan
BNP Paribas will support the use of the digital yuan by its corporate clients, through a joint effort with the People's Bank of China.
According to the local newspaper South China Morning Post, BNP Paribas China has partnered with the…
Argentina seeks to boost tourism with a new exchange rate for electronic payments
The Central Bank of the Argentine Republic (BCRA) issued a press release on May 4, 2023, in which it announced a new exchange rate for tourists making electronic payments in foreign currency as of May 5.
Currently, in Argentina, there is…
Binance returns to Japan in June
Binance plans to reactivate its services in Japan next June through the regulated exchange Sakura Exchange BitCoin (SEBC), a platform that it bought in 2022.
Since the cryptocurrency exchange does not have an independent license to operate…