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JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance

A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of the total $64.2 billion net income reported by all FDIC-insured banks for…

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Turkish Bank Garanti BBVA Embraces Digital Assets With New Crypto Wallet and Trading Platform

In a significant move towards embracing digital assets, Turkish bank Garanti BBVA has launched a crypto wallet and trading platform, “Garanti BBVA Crypto”. This platform allows customers to trade and…

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Malaysia Launches Special Operation to Crack Down on Crypto Tax Evasion

Malaysia’s Inland Revenue Board (IRB), in collaboration with the Royal Malaysia Police and Cybersecurity Malaysia (CSM), recently launched a special operation codenamed “Ops Token” to tackle tax revenue losses from…

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Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto

Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and…

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Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds

The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin…

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