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US Prosecutors Advocate for Binance’s Former CEO to Remain in the US Due to Potential Flight Risks

US legal authorities raising concerns over Binance’s Past CEO’s Flight Risk Freshly coming off a settlement deal with the United States Department of Justice, the largest cryptocurrency platform worldwide, Binance, is witnessing federal insistence regarding the sustention of the former CEO, Changpeng Zhao’s, conditions of stay in the US. The legal sentence is scheduled toContinue reading “US Prosecutors Advocate for Binance’s Former CEO to Remain in the US Due to Potential Flight Risks”

US Prosecutors Push to Retain Binance’s Former CEO in the Nation Citing Fears of Flight Risk

The Saga of Binance’s Former Chief Exec: American Prosecutors Request His Remain in the U.S. Within the crypto world, Binance, the global giant among cryptocurrency exchanges, has found itself at the epicenter of noteworthy developments. The focal point of the recent whirlwind is none other than Changpeng Zhao, lovingly known in the community as “CZ”,Continue reading “US Prosecutors Push to Retain Binance’s Former CEO in the Nation Citing Fears of Flight Risk”

US Confiscates $9 Million in Tether: Possible Link to Cryptocurrency Scams in Pig-Butchering Industry

A Sting Operation by US Justice Department Nabs Crypto Scammers It’s no gossip that the United States Department of Justice has successfully confiscated $9 million tether, one of the most popular cryptocurrencies pegged to the U.S. dollar. This substantial amount was traced back to an unscrupulous group involved in widespread investment scams, popularly known toContinue reading “US Confiscates $9 Million in Tether: Possible Link to Cryptocurrency Scams in Pig-Butchering Industry”

Congressman Demands Gensler’s Ousting as SEC Sues Crypto Exchange for the Second Time in 10 Months

Continuing Congressional Concerns: SEC Chairman Faces Criticism Over Crypto Exchange Lawsuits U.S. Congressman Warren Davidson (R-OH) has sparked conversation around his proposed legislation aimed at removing U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler, from his position. This discussion comes in the wake of the SEC filing a second lawsuit against cryptocurrency exchange, Kraken,Continue reading “Congressman Demands Gensler’s Ousting as SEC Sues Crypto Exchange for the Second Time in 10 Months”

Crypto Exchange Yellow Card Wins Africa’s Disrupter of the Year Award: An Africa-Centric Perspective

Yellow Card Crypto Exchange Takes Home Disruptive Innovator Award in Africa Yellow Card, an African-focused cryptocurrency exchange platform, is making industry headlines as it lands the 2023 “Disrupter of the Year” award in the African financial arena. Celebrated as a significant marker of recognition, the award signals an acknowledgement of Yellow Card’s proactive role inContinue reading “Crypto Exchange Yellow Card Wins Africa’s Disrupter of the Year Award: An Africa-Centric Perspective”

Lightspark CEO David Marcus Admits Non-Custodial Lightning Network Solutions Involve Certain Compromises

CEO of Lightspark Acknowledges Constraints in Non-Custodial Lightning Network Solutions David Marcus, the visionary behind the Lightning Network payment solutions provider, Lightspark, has recently shared his insights about both custodial and non-custodial transactions on the network. While expressing confidence in the portfolio preparedness of custodial LN for institutions, Marcus candidly admits that non-custodial applications continueContinue reading “Lightspark CEO David Marcus Admits Non-Custodial Lightning Network Solutions Involve Certain Compromises”

Digital Ruble Trial Set to Boost Budget Spending Next Year

The Digital Ruble Pilot’s Broadening Scope Russia’s Finance Minister, Anton Siluanov, recently revealed that the digital ruble pilot program will be expanded in the coming year to encompass specific, yet to be determined, budget expenditure operations. This development is backed by the Central Bank of Russia (CBR), suggesting a soaring ambition for Russia’s central bankContinue reading “Digital Ruble Trial Set to Boost Budget Spending Next Year”

Argentina’s President-Elect Javier Milei is not an Anarcho-Capitalist, Claims Ex-Greek Finance Minister

Argentina’s Leader is No True Anarcho-Capitalist, Says Renowned Greek Economist Critics have recently labelled Argentina’s President-elect Javier Milei as an anarcho-capitalist. However, Greece’s ex-finance minister and esteemed economist, Yanis Varoufakis, disagrees with this label. Varoufakis has likened Milei’s inflation battling strategy, which includes dollarization, to an overkill akin to using nuclear weapons as a cureContinue reading “Argentina’s President-Elect Javier Milei is not an Anarcho-Capitalist, Claims Ex-Greek Finance Minister”