Binance Terminates Partnerships Amid Ongoing Investigations!
The post Binance Terminates Partnerships Amid Ongoing Investigations! appeared first on Coinpedia Fintech News Binance is making operational changes, including terminating its partnership with Central American payment processor Advance Cash and ending peer-to-peer transactions with Russian-sanctioned banks. The exchange has…
SafeMoon Executives were indicted for allegedly defrauding investors!
The post SafeMoon Executives were indicted for allegedly defrauding investors! appeared first on Coinpedia Fintech News Three executives from SafeMoon LLC have been indicted for allegedly defrauding investors in the decentralized finance digital asset. Braden John Karony, Kyle Nagy, and…
SafeMoon Executives Hit with SEC and DOJ Charges for Unregistered Sales and Criminal Conspiracy
The post SafeMoon Executives Hit with SEC and DOJ Charges for Unregistered Sales and Criminal Conspiracy appeared first on Coinpedia Fintech News The SEC and DOJ have unleashed plenty of charges against Braden. John Karony, Kyle Nagy, and Thomas Smith,…
MicroStrategy Raises the Bar with Bitcoin Proxy, as ETFs Loom on Horizon
The post MicroStrategy Raises the Bar with Bitcoin Proxy, as ETFs Loom on Horizon appeared first on Coinpedia Fintech News The decision to purchase Bitcoin by MicroStrategy Inc. Chairman Michael Saylor may now be in doubt given the impending arrival…
PayPal Resumes UK Bitcoin Purchases: Obtained Crypto License
The post PayPal Resumes UK Bitcoin Purchases: Obtained Crypto License appeared first on Coinpedia Fintech News Global payment giant PayPal has received approval from the Financial Conduct Authority (FCA) to offer crypto services in the United Kingdom. Information From Official…
SafeMoon founders arrested on wire fraud and money laundering charges
SafeMoon founders arrested; Kyle Nagy at large. The charges include wire fraud and money laundering. There are also accusations of misappropriation and investor deception. In a significant development, the founders of SafeMoon, a decentralized finance digital asset, are facing criminal…
Turkey eyes new law on crypto assets: report
Turkey is preparing a new law on crypto regulation, according to Finance Minister Mehmet Simsek. The legislation looks to toughen approach to money laundering and terrorism financing to bring Turkey into compliance with Financial Action Task Force (FATF) requirements. Turkey…
SEC Charges SafeMoon Team With Orchestrating Crypto Grand Fraud
The U.S. Securities and Exchange Commission (SEC) announced charges against cryptocurrency companynSafeMoon, its creator Kyle Nagy andits U.S. counterpart SafeMoon US. The executive team, which included CEO John Karony and Chief Technical Officer Thomas Smith, were accused of orchestrating a…
Crypto friendly Xapo Bank launches stocks investment feature
Published by City AM By Darren Parkin Xapo Bank has today launched a stocks investment feature within the new ‘Wealth’ section of its mobile app, expanding accessible investment options for non-US members by allowing them to invest in S&P 100…
Global Bitcoin mining eats up more power than most nations – UNÂ study
Global mining of the cryptocurrency Bitcoin consumes more electricity than many populous countries such as Pakistan, according to a new UN study. Forecasts from July estimate that more than 135 terawatt hours (TWh) will be needed for bitcoin mining worldwide…