Binance employees allegedly help customers in China bypass KYC controls
A new investigation claims that Binance’s billion-dollar security protocols are being manipulated by users around the world through inside help.
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Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies
As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan…
Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Report
Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and…
Taiwan watchdog FSC to assume authority on crypto regulation
Taiwanese lawmakers reportedly expect to finalize a crypto regulatory framework by the end of March or April at the earliest.
KuCoin leads $10M funding for Chinese yuan stablecoin issuer
Circle’s investment arm has joined a funding round for CNHC, the issuer of the eponymous stablecoin pegged to the offshore yuan.
CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
The former CFTC chair argues that AML and KYC measures are outdated and constitutionally questionable and said crypto technology can do better.
Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social…
China’s Wechat Adds Support for Digital Yuan Payments
Chinese social media platform Wechat has introduced support for the state-backed digital yuan in its popular payment app. Over a billion users will now ostensibly be able to take advantage…
WeChat integrates digital yuan into its payment platform
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity.
China announces plans for new national financial regulator
The new administration will replace the current banking and insurance watching that coincides with a larger government overhaul.
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