Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports.
In November, Zhao pleaded guilty to violating and causing a financial institution to violate the Bank Secrecy Act.
Attorneys with the U.S. Department of Justice and former Binance CEO Changpeng Zhao filed their sentencing memos on Tuesday night.
Indonesian President Joko Widodo warned the Financial Transaction Reports and Analysis Centre (PPATK) to monitor the use of crypto and non-fungible tokens (NFTs) for money laundering during a speech last Wednesday at the 22nd Anniversary of the National Movement for Anti-Money Laundering and Terrorism Financing Prevention at the State Palace, Jakarta.
Investors are still gauging macroeconomic factors, one observer said.
Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It’s the latest effort to try and get something done in the U.S. legislative front – but is it enough?
The high-profile proof of humanity project is increasing efforts to bolster government ties while promoting the idea Worldcoin cares about privacy.
Block is ultimately working toward offering standalone bitcoin mining chips as well as its own full mining system.
The SEC is calling for a New York court to impose $5.3 billion worth of fines on Terraform Labs and its co-founder Do Kwon, citing their roles in the 2022 Terra-Luna collapse.
Tokenization initiatives from BlackRock, JP Morgan and others presage a revolution in payments, wealth management and other key activities of Wall Street, says author Annelise Osborne.
