Binance Executive Escapes Detention in Nigeria – Report
A detained Binance executive in the tax evasion case has reportedly escaped custody in Nigeria with a counterfeit passport and no travel documents. Nadeem Anjarwalla, an executive of Binance, and his associates were apprehended in a guesthouse in Abuja. According to reports, after Friday Ramadan prayers at a nearby mosque, the executive purportedly evaded apprehension […]
Worldcoin Foundation Makes Orb Software Open-source
In a blog post, the Worldcoin Foundation declared that it has made publicly accessible open-sourced components of the software that powers its iris-scanning Orbs. As per the announcement, the fundamental elements of the Orb software are accessible via GitHub following a dual license from MIT and Apache 2.0. New open-source components “complement” previously released hardware. […]
NYDFS Grants WisdomTree Charter to Operate as Trust Company
The New York State Department of Financial Services (NYDFS) has authorized asset manager WisdomTree to function as a limited-purpose trust company under the New York Banking Law. The firm announced on March 22 that the trust company charter will permit the launch of its personal finance mobile application, WisdomTree Prime, in New York under enhanced […]
Estonia Gov’t Introduces Crypto Regulation Bill
The Estonian government has approved a bill to regulate cryptocurrency service providers. It is still subject to a decision in parliament. The providers would be liable for overseeing the Financial Supervision Authority (FSA) following the legislation. Currently, the Financial Intelligence Unit (FIU) manages the registration of cryptocurrency service providers and mandates their adherence to Anti-Money […]
US DOJ Sues Apple for Monopolozing Crypto Apps Markets With Rules
The United States Department of Justice (DOJ) has lodged a comprehensive antitrust lawsuit against Apple, alleging that the company’s “monopoly” and regulations on the crypto apps market unlawfully stifled innovation and competition. The complaint, filed on March 21 in a federal court in New Jersey and endorsed by sixteen state attorney generals, claimed that Apple’s […]