Binance Faces Increased Scrutiny in Nigeria Over Suspicious Fund Flows

by Александр Пирогов | Feb 29, 2024 | Blog News

Binance, the popular cryptocurrency exchange, is under heightened scrutiny in Nigeria following reports of “suspicious flows” of funds through Binance Nigeria in 2023. The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, expressed concerns...

Sui Foundation Honored at Prestigious Eurasia Awards for Blockchain Innovation

by Александр Пирогов | Feb 29, 2024 | Blog News

The recent Eurasia Awards, renowned for its recognition of technological advancements in the blockchain sphere, bestowed its prestigious accolade upon the Sui Foundation, lauding its significant contributions to the blockchain landscape. Notable past winners of this...

Russian State Duma Approves Bill for International Trade with Digital Ruble and Assets

by Александр Пирогов | Feb 29, 2024 | Blog News

Lawmakers in the Russian State Duma have given the green light to a bill that permits Russian firms and their partners to utilize the digital ruble and “digital assets” in international settlements. The bill passed through the Duma’s second and third...

Chamber of Digital Commerce Backs Kraken in Legal Clash with SEC

by Александр Пирогов | Feb 28, 2024 | Blog News

The Chamber of Digital Commerce (CDC) has stepped into the legal fray between the 12-year-old crypto exchange Kraken and the U.S. Securities and Exchange Commission (SEC), filing an amicus curiae brief in support of Kraken. As the world’s largest digital asset...

Senate Reintroduces CBDC Anti-Surveillance State Act to Safeguard Financial Privacy

by Александр Пирогов | Feb 28, 2024 | Blog News

The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with bipartisan support from U.S. Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd, and Mike Braun. Aimed at curbing the Biden administration’s efforts to issue a central bank digital...

Matrixport Files for Virtual Asset Trading License in Hong Kong Amid Regulatory Deadline

by Александр Пирогов | Feb 28, 2024 | Blog News

Matrixport, a prominent cryptocurrency platform, submitted an application for a virtual asset (VA) trading license with Hong Kong’s securities regulator on February 26. Operating under the name Flying Hippo Technologies in its Hong Kong branch, Matrixport joins...