Cryptocurrency Analysis and News Portal
Zhao’s guilty plea stems from accusations that Binance violated the Bank Secrecy Act by knowingly allowing US customers on the platform without conducting proper KYC and AML checks. In a recent development in the legal saga surrounding Binance Holdings Ltd‘s former CEO Changpeng ‘CZ’ Zhao, prosecutors are intensifying efforts to keep
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The Chinese artificial intelligence (AI) chip market has been subject to ongoing export restrictions which imposed by the United States from October 2022, which prohibited the sale of certain U.S. products to China. The U.S. initially blocked the export of the highest level of chips produced by companies like Nvidia and
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Amid a backdrop of increasing regulatory scrutiny, Binance’s European payments provider, Paysafe, has started restricting euro withdrawals for some users ahead of its planned cessation of support on Sept. 25. This move that has left many European customers of Binance puzzled and frustrated, with some users finding themselves unable to access
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Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language model trained on a corpus of English and Chinese text. While its exact specifications aren’t known
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Cryptocurrency exchange Binance continues introducing more restrictions for Russian customers on its peer-to-peer (P2P) trading platform.Binance P2P has banned Russian residents from using fiat currencies other than the Russian ruble, Binance announced on its Telegram channel on Aug. 27.Binance’s Russian clients residing outside the country have also been banned from
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One example of that innovation is what Mutiny calls just-in-time channels, which is a feature that alleviates the burden of managing channel liquidity – the ability to send and receive funds on Lightning, Bitcoin’s second layer payment network for cheaper and faster transactions. Source
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Officials in the United States are mulling over tighter controls on an export regulation that was created to minimize the availability of artificial intelligence (AI) chips to China. According to officials close to the source, the stricter regulations would include clamping down on the level of computing power chips can have
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Australia’s cryptocurrency industry banking woes will likely continue, with the government and major banks signaling no intention to back down against scams that “touch” crypto.During a panel at the Australian Blockchain Week on June 26, Sophie Gilder, managing director of blockchain and digital assets at Commonwealth Bank (CBA) shed light
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"Our banking partner, Cuscal has updated its Merchant guidelines which contain new requirements for all digital currency exchanges that are supported by Cuscal," the "survey" reads. "If you do not currently comply with the new requirements, we are happy to consider a reasonable time frame for implementation. Please note, if
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“The recent decision by banking institutions to restrict millions of their customers from making payments to cryptocurrency exchanges represents a profound curtailment of economic freedom in Australia," said Jackson Zeng, director of Blockchain Australia. "Every individual has the inherent right ... to make decisions on how and where to use
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