The United States Department Of Justice Plans To Combat Crypto Crime
The recent policing move by the U.S. Department of Justice is on the heels of crypto use to evade sanctions and other financial misappropriation. The United States Department of Justice (DOJ) has issued a report in response to the Executive Order issued to ensure the responsible development of Digital Assets. Meanwhile, the government has proposed […]
New Regulation In Japan May Enable The Seizure Of Stolen Crypto
Under the current version of Japanese law, recovering stolen crypto from criminal groups remains impossible. Crypto assets being stolen by organized crimes are being visited with the revision of the asset seizure law, according to reports by Japan’s Justice Ministry. If the reports are true, a potential revision to the Act on Punishment of Organized […]
U.S. SEC Begins Investigation Into The 2017-Sale of Binance Coin
A report gathers that SEC is investigating Binance Coin over some money laundering issues and businesses related to Binance CEO Changpeng Zhao. Binance Coin (BNB), the world’s fifth-largest cryptocurrency is now being investigated by the Securities and Exchange Commission (SEC) in the United States. After a five-year wait, the Securities and Exchange Commission has launched […]
New York Community Opposes Crypto Mining Ban By Its Government
Lawyer Jake Chervinsky tweeted that he hoped the governor would veto the bill “for the sake of New York” in a statement that was widely circulated. As the state of New York advances legislation that, if passed, will prohibit proof-of-work (PoW) mining, members of the crypto community express their displeasure on social media. Jake Chervinsky, […]
PancakeSwap Price Increases By 10% After Binance’s Major Investment
Binance, through its venture arm, made a great investment in PancakeSwap which is exclusively built on the BNB chain. Binance, the largest cryptocurrency exchange in the world, announced on Monday that its venture arm, Binance Labs, has made a strategic investment in the governance and utility token CAKE of PancakeSwap. Binance Labs aspires to lead […]