Binance, a cryptocurrency exchange, will be able to provide services for virtual currencies in Cyprus as a result of the platform's recent registration with the nation's securities regulator. The...
According to reports, the Touadéra government's offer of land and citizenship to purchasers of the sango coin is unconstitutional, as determined by a constitutional...
The Virtual Asset Regulatory Authority (VARA), Dubai's virtual asset regulator, has released guidelines for digital asset marketing and promotion that are applicable to any...
In a Senate hearing attended by several executives from the cryptocurrency industry, including from crypto exchange Binance, the central bank and the Securities and...
Changpeng Zhao, the CEO of Binance, filed a defamation lawsuit against Modern Media CL., the publisher of Bloomberg Businessweek in Hong Kong, on Monday. The lawsuit stemmed from a title of a translated article in Chinese that claimed Zhao was the head of a "ponzi scheme."
The lawsuit is related to Zhao's profile in Bloomberg Businessweek's article "Can Crypto's Richest Man Stand the Cold?" from June 23.
But in Hong Kong, Businessweek's local publisher Modern Media CL used a different headline with the intention of inciting "hatred, contempt, and ridicule" for Zhao Changpeng, the world's richest crypto billionaire: "Zhao Changpeng's Ponzi Scheme," according to Zhao's representative.
Zhao demanded a retraction, a restraining order to prevent the defendants from spreading the portrayal further, and the removal of the edition from newsstands;...
Arizona's financial watchdog has issued a warning to investors regarding cryptocurrency interest-bearing accounts. The regulator warned that "some companies may materially overstate the extent...