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Binance was believed to be the owner of WazirX, but CZ denied the claim on Twitter. "Binance does not own any shares in Zanmai Labs, the entity operating WazirX and established by the original founders," Zhao said. Referring to a blog post announcing the acquisition in November 2019, CZ said
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Coinbase v. Bielski was filed by California resident Abraham Bielski, who lost over $31,000 after being targeted by a scammer who purported to be a PayPal representative and accessed Bielski’s Coinbase account. Bielski claimed Coinbase provided little help in regaining the lost funds and accused Coinbase of violating the Electronic
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While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more than 33%
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The Thai Securities and Exchange Commission (SEC) has sent a request to cryptocurrency exchange Zipmex to clarify the recent withdrawal freeze. Source
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In May, the SEC nearly doubled the size of its Crypto Assets and Cyber Unit to 50 employees, adding 20 new positions including attorneys, investigators and fraud analysts to its Washington, D.C., headquarters. But as the agency continues to ramp up its efforts to police the crypto industry – and
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U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto Companies to Cut Ties, Further Isolate Russia The United
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Local think tank Infrawatch PH has sent a letter to the Philippines' Department of Trade and Industry (DTI), urging the government agency to launch an investigation against crypto exchange Binance for promotions without permits. The letter alleged that the crypto exchange has been targeting Filipino consumers with unregistered promotions that are
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Among the numerous reports and other written material mandated in United States President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets” is a framework for enhancing United States economic competitiveness in digital asset technologies, due from the Commerce Department on September 5. In preparation for that
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“A host of companies, including Circle, have leveraged blockchain technology to support trillions of dollars of economic activity with fiat-referenced stablecoins,” the company told the Fed in a letter released Wednesday, meant to respond to the Fed’s invitation to comment on a January report. “The introduction of a CBDC by
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The request is in response to Joe Biden’s executive order in March asking for agencies to coordinate their approach to digital assets. Original Source
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