Thursday, March 28, 2024
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U.S. Senator introduces bill to uphold self-custody rights for cryptocurrency owners

Ted Budd has presented the “Keep Your Coins Act” to Congress, legislation designed to ensure individuals’ rights to directly manage their cryptocurrencies without compulsory third-party involvement. Senator Budd (R-NC) has proposed a bill aiming to safeguard the autonomy of American citizens in handling their digital currencies. Amidst increasing governmental attention towards the

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Binance Russia buyer tightlipped on owners but denies CZ involvement

Amid growing skepticism about CommEx — Binance’s mysterious buyer in Russia — the newly launched firm has continued denying Binance’s ownership involvement.On Sept. 29, CommEx issued an open letter to the community, reiterating that the company is not owned by Binance, which announced its exit from Russia by selling the

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South Korean Prosecutors Put Request to Arrest Bithumb Owners

Bithumb CEO Kang Ji-Yeon and two other executives are facing charges of embezzlement, breach of trust, and conducting fraudulent illegal transactions.On Wednesday, January 25, a Korean news publication reported that South Korean prosecutors are seeking the arrest of the chairman and owner of crypto exchange Bithumb Kang Jong-Hyun.Kang along with

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Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report

Kang and two other executives – including his younger sister, Kang Ji-Yeon, the CEO of two publicly-traded Bithumb affiliates, Inbiogen and Bucket Studio – were charged by the Seoul Southern District Prosecutor’s Office with embezzlement, breach of trust, and fraudulent illegal transactions, according to local reports. Source

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Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Million in 2022 – Featured Bitcoin News

Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Moreover, the report reveals that the number of bitcoin owners reached 219 million in December while the number of ether owners reached 87 million. Cryptocurrency Adoption

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Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions – Bitcoin News

The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto Tracing Tool on Eve of Anti-Corruption

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