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Taiwan Acknowledges Binance for Cooperating With Domestic Law Agencies

Taiwan Acknowledges Binance for Cooperating With Domestic Law AgenciesThe government of Taiwan has acknowledged the cooperation Binance has offered to domestic law enforcement agencies. According to local reports, Binance is the only offshore exchange that assists the government in dealing with virtual asset fraud cases, allowing authorities to access the accounts involved in these actions and deposit the assets derived from these schemes. […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Group Urges US President Joe Biden to Secure Release of ‘Kidnapped’ Former Federal Agent

Group Urges US President Joe Biden to Secure Release of ‘Kidnapped’ Former Federal AgentThe Chamber of Digital Commerce, a blockchain and crypto advocacy group, has urged U.S. President Joe Biden to assist in securing the release of a Binance executive “kidnapped” by the Nigerian government. The group warned that the Nigerian government’s arbitrary detention of Tigran Gambaryan might establish a dangerous precedent. Questioning the Arbitrary Detention of Binance […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Binance Says Nigeria Is Not Yet One of Its Top Markets

Binance Says Nigeria Is Not Yet One of Its Top MarketsNigeria is not yet among Binance’s top markets despite being a leading global crypto market. However, the crypto exchange said it recognizes the West African country’s “extraordinary potential,” which is one reason why it is eager to invest there. ‘Extraordinary Potential’ The cryptocurrency exchange Binance has clarified that Nigeria, despite being one of the world’s […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 Days

Nigeria’s Binance Impasse: Senior Executives Detained at Government ‘Guesthouse’ for 14 DaysTigran Gambaryan, a former U.S. federal agent, is one of two Binance executives being held without charge by Nigerian authorities. A local court approved the executives’ 14-day detention. Recent media reports suggest that Nigerian officials have requested Binance to disclose the identities and transaction histories of its top 100 users. Detained Executives’ Families Demand Their […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Blockchain Advocacy Group Says Nigerian Government’s Actions Could Drive Crypto Activities Underground

Blockchain Advocacy Group Says Nigerian Government’s Actions Could Drive Crypto Activities UndergroundNigerian blockchain lobby group has said the government’s decision to block access to crypto trading like Binance, Kraken and Coinbase will not “help Nigeria build the much-needed trust and confidence in the financial system.” The advocacy group also said the Nigerian Communications Commission’s directive to telecommunication companies may not be consistent with the “norms of […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Binance Nigeria Standoff: Crypto Exchange’s Top Executives Summoned by House of Representatives Committee

Binance Nigeria Standoff: Crypto Exchange’s Top Executives Summoned by House of Representatives CommitteeTop executives from Binance have been summoned to appear before the Nigerian House of Representatives Financial Crimes Committee no later than March 4. Ginger Onwusibe, the committee’s chairperson, has warned of possible repercussions should Binance executives fail to comply with the request. Latest Escalation in the Standoff Between Binance and Nigerian Authorities The Nigerian House […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Binance Claims Ignorance of $10 Billion Fine Imposed by Nigerian Government

Binance Claims Ignorance of  Billion Fine Imposed by Nigerian GovernmentBinance, a leading cryptocurrency exchange, has denied allegations made by a Nigerian government official that it is facing a $10 billion fine. While Binance maintains its commitment to fostering a positive relationship with the Nigerian government, it firmly states that it will not succumb to pressure to pay for the release of its detained executives. […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation

Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate ManipulationNigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency exchange from sources and users that the bank could not adequately identify. Passports of Binance Executives Seized Authorities in Nigeria have […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Crypto Exchange Bitforex Suspends Withdrawals Following $56.5M Drain From Hot Wallets

Crypto Exchange Bitforex Suspends Withdrawals Following .5M Drain From Hot WalletsBitforex, a centralized cryptocurrency exchange, abruptly halted user withdrawals. This sudden action occurred just moments after a reported $56.5 million was removed from the platform’s hot wallets. According to online crypto investigator Zachxbt, the Bitforex team has ceased all communication with users. No Official Word From the Bitforex Team On Feb. 23, Bitforex, a cryptocurrency […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF

Crypto Exchange Kraken Shares ‘Real Story’ of SEC Lawsuit — Claims SEC Seeks ‘Boundless Authority’ Over Commerce

Crypto Exchange Kraken Shares ‘Real Story’ of SEC Lawsuit — Claims SEC Seeks ‘Boundless Authority’ Over CommerceCryptocurrency exchange Kraken has shared what it called “the real story” of the lawsuit against it by the U.S. Securities and Exchange Commission (SEC). Kraken also explained why it is moving to dismiss the case. “Crypto innovators in the United States should not have to fear retaliation for their political speech. They should be free […]

Grayscale Investments Submits Revised Application for Spot Ethereum ETF