At a recent hearing in Seattle District Court, Judge Richard Jones upheld the guilty plea of Changpeng "CZ" Zhao, the founder of Binance, on money laundering charges.
Although the $4.3 billion deal between his exchange and U.S. authorities was accepted more than two weeks ago, the decision on…
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financial regulators
The US could apply electronic banking laws to cryptocurrencies
In recent statements, Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), indicated that they are analyzing applying the same guidelines to cryptocurrencies that apply to electronic banking.
The main objective of the…
Spain closes crypto exchange Fx Trading Corporation
Spanish financial regulators are severe with illicit activities in the cryptocurrency market. The most recent action that has taken place is the closing of the crypto exchange Fx Trading Corporation after having determined that it did not…