Wednesday, April 24, 2024
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Nigerian Central Bank Disavows Letter Directing Banks to Sever Ties With Crypto Exchanges

The Central Bank of Nigeria (CBN) has disavowed a letter that allegedly instructed financial institutions to sever ties with four global cryptocurrency exchanges. The central bank stated that the letter did not originate from its office and recommended that individuals interested in “authentic updates” refer to its official website. Fake

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US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations

Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive unlawful transactions, impacting national security and financial systems. CZ’s Legal Woes Deepen With Proposed Three-Year Prison Term Changpeng Zhao, referred to

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Thai SEC Instructed to Share Information on Unauthorized Digital Asset Platforms With Government

The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks they face which include the possibility of being scammed or involved in money laundering.

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