New allegations arise regarding Binance’s regulatory framework
The report alleges that Binance tried to insulate itself from regulatory scrutiny — a suggestion that the exchange denies.
Auto Added by WPeMatico
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around…
DOJ Requested Documents From Binance CEO CZ
The Justice Department reportedly asked for company records that were labeled as documents [to] be destroyed, altered, or removed from Binances files or transferred from the United States. DOJ Sought...
Binance Serviced Iranian Crypto Traders Despite Sanctions: Report
In indirectly responding to the allegations on Twitter, Binance CEO Changpeng Zhao highlighted that the exchange has been using Reuters own KYC verification product, WorldCheck, since 2018. Binance Reportedly Operated...
BNB price risks 40% drop as SEC launches probe against Binance
Downside risks for BNB also come from a recent Reuter exposé that claims Binance laundered "at least $2.35 billion in illicit funds."
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing…
Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine…
Reuters: Binance was withholding information from regulators, repeatedly shunned own compliance department
According to the investigation, the world's largest crypto exchange pursued growth while dodging regulatory scrutiny.
Fact Checking Media Tries to Debunk Great Reset Theories, Articles Ignite Heated Discussions Over Reboot Agenda
On December 22, Twitter trends indicate that thousands of people on social media are talking about the World Economic Forum’s (WEF) “Great Reset” agenda, as Reuters and the BBC had…
$1.75 Trillion for Climate Change, Social Services — Biden’s ‘Build Back Better’ Plan Advances While Inflation Grips US
This week, U.S. lawmakers are preparing to debate the advance of Joe Biden’s Build Back Better proposal, which is now estimated at $1.75 trillion. The new proposal follows the expansive…