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Binance France’s Managing Director steps down amidst regulatory challenges

Stéphanie Cabossioras has resigned as managing director of Binance’s French operations, marking the latest in a series of high-profile departures amid mounting regulatory scrutiny. Stéphanie Cabossioras, the Managing Director overseeing Binance’s operations in France, has resigned today. Her departure continues a trend of top-tier exits from the leading cryptocurrency exchange this

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IMF director urges ‘financial inclusion’ via digitalization

During her opening speech at the International Monetary Fund’s (IMF) seminar on financial inclusion in Marrakesh, Morocco, IMF Managing Director Kristalina Georgieva said digitalization is “the most important way” to scale up financial inclusion. “It is digital that moves help to people, investment and ability of the economy to accelerate,” Georgieva

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Former FTX engineering director faces up to 75 years in prison following guilty plea

Nishad Singh, the former engineering director at now-defunct crypto exchange FTX, has reportedly said he “hopes for no jail time” as part of an agreement with prosecutors.According to reports from the criminal trial of Sam “SBF” Bankman-Fried on Oct. 16, Singh revealed details about his deal with the United States

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SBF’s Alameda minted $38B USDT to profit off arbitrage trading: Coinbase director

Blockchain data flagged by Coinbase director Conor Grogan indicates that Alameda Research redeemed over $38 billion for Tether (USDT) tokens in 2021 despite not having the equivalent assets under management.Onchain data shows that Alameda was responsible for minting $39.55B of USDT, a number that is 47% of Tether's circulating supply

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Argentina Central Bank director supports CBDC development

Juan Agustín D’Attellis Noguera, Director of the Argentina Central Bank, supports developing a local CBDC. The Minister of Economy, Sergio Massa, brought the initiative, aiming to create a CBDC to solve the country’s complex economic situation. D’Attellis Noguera said creating a local CBDC could help stabilize the Argentine economy. Noguera stated: “By having

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US regulation could stifle blockchain, says former White House director

Blockchain innovation in the U.S. could suffer from over-regulation of the crypto industry, former White House director of cybersecurity Carole House said during a panel discussion Tuesday at Korea Blockchain Week in Seoul.See related article: SEC delays verdict on BlackRock’s ETF application; Will Bitcoin ETFs see light of day?Fast factsHouse

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Binance Director Could Be Summoned by Brazilian Parliament over Pyramid Scheme Allegations

This month, the crypto company faced issues with regulators in at least four countries.This month, the crypto company faced issues with regulators in at least four countries. The Director of Binance in Brazil Guilherme Haddad could be called to appear before the Brazilian Parliament. This is because there is an ongoing

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‘We had to change strategies,’ says SEC enforcement director on recent actions: Report

Gurbir Grewal, director of the United States Securities and Exchange Commission (SEC) division of enforcement, has reportedly said the entire crypto industry was “built around noncompliance,” leading to enforcement actions.According to a June 16 Reuters report, Grewal spoke at an event hosted by law firm Lowenstein Sandler and Rutgers University

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