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On May 25, Binance made an announcement regarding the seizure of approximately $4.4 million worth of cryptocurrency that belonged to fronts associated with North Korean organizations operating both within the country and abroad.
Binance and its Thai partner Gulf Innova have secured digital asset operator licenses in Thailand to launch a new crypto exchange.
Microsoft will be participating in the forthcoming pilot project for Brazil’s central bank digital currency (CBDC). Banco Central do Brasil, the country’s central bank, plans to onboard participants onto the digital real platform starting in mid-June 2023.
French lawmakers have now agreed to soften the restrictions after initial proposals in March sought to impose strict limitations on the use of influencer marketing by locally-registered cryptocurrency companies.
Bitpanda and Coinbase have recently entered into a licensing agreement, establishing Coinbase as a liquidity provider for Bitpanda Technology Solutions.
During the ongoing Russian parliamentary hearings on the digital ruble project, lawmakers have put forward significant amendments to the bill. These proposed changes aim to modify the original document concerning debt operations, services for non-residents, and the role of the central bank.
A lawsuit accusing Binance of involvement in an $8 million pig butchering scam has been dismissed by a United States Court.
According to Kyodo News, Japan is preparing to implement stricter measures against money laundering, which will include the adoption of the “travel rule” established by the Financial Action Task Force (FATF). The decision was made by Japan’s cabinet on Tuesday following the FATF’s assessment that the nation’s existing anti-money laundering measures were inadequate.
Elon Musk, while acknowledging the humor and canine appeal of Dogecoin (DOGE), advises against heavily relying on it. The influential Tesla CEO’s tweets and actions have significantly impacted the value of Dogecoin and similar meme coins.
Hotbit, a cryptocurrency exchange, has made an announcement stating that it will halt its operations starting from May 22. The exchange has urged its users to withdraw their funds.