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502 stories · page 24
Changpeng Zhao, the founder and former CEO of Binance, has officially started his four-month prison sentence in California. Zhao, often referred to as “CZ,” reported to a federal prison in Lompoc, California,…
The Qatar Central Bank (QCB) has completed the infrastructure for its central bank digital currency (CBDC) project and has initiated the first phase of an experimental trial. This phase will focus on…
Just hours before President Joe Biden vetoed the repeal of the Staff Accounting Bulletin (SAB) 121 on May 31, the American Bankers Association (ABA), the largest lobbying organization for the U.S. banking…
On May 31, Rashawn Russell, a former Deutsche Bank executive, was sentenced to 41 months in prison by the Eastern District of New York in Brooklyn. Russell was found guilty of wire…
Tigran Gambaryan, the head of compliance at Binance, remains imprisoned in Nigeria, suspected of suffering from malaria, according to a family spokesperson who spoke with CoinDesk. Gambaryan collapsed in a Nigerian court…
President Joe Biden must soon decide whether to veto or sign a resolution that overturns the U.S. Securities and Exchange Commission’s (SEC) controversial Staff Accounting Bulletin 121 (SAB 121). The resolution passed…
An investigation into Sullivan & Cromwell LLP, the law firm associated with the now-defunct crypto exchange FTX, has revealed that the firm was neither involved in the fraud nor aware of the…
The U.S. House of Representatives achieved a significant legislative milestone for the cryptocurrency industry on Wednesday by passing the Financial Innovation and Technology for the 21st Century Act (FIT21). The bill, which…
The future of spot Ether exchange-traded funds (ETFs) could be decided this week by a crucial vote from Gary Gensler, the chair of the United States Securities and Exchange Commission (SEC). Historical…
The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator framework for cryptocurrency regulation to a government panel. Meanwhile, the Reserve Bank of India (RBI) has raised concerns about the…
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