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April incidents reflect the multi-layered challenges Binance continues to face

What do Binance’s recent outages, token volatility, and legal disputes tell us about the broader challenges it faces across different regions? Binance is back in the headlines Binance, the world’s largest crypto exchange by trading volume, has hit a turbulent stretch this April. Two major incidents, occurring just days apart, have renewed scrutiny over the…

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China faces regulatory gap in handling seized crypto assets, relies on local firms: report

Seized cryptocurrencies are becoming a growing source of revenue for local Chinese governments, despite the country’s ban on crypto trading. As China‘s pile of seized cryptocurrencies continues to grow — thanks to a steady stream of illegal transactions — local governments are quietly turning to private firms to convert tokens into cash, Reuters reports. Chen…

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South Korean presidential candidate vows to deregulate crypto like Trump-era US

South Korean candidate Hong Joon-pyo says he’ll scrap crypto rules like U.S. President Donald Trump did, aiming to make blockchain a key industry. South Korean presidential candidate Hong Joon-pyo says he’ll remove crypto regulations similar to how they were rolled back during the Trump administration in the U.S., pledging to boost blockchain in the country….

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Tokenized securities are redefining compliance

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The securities market is riddled with regulatory noncompliance cases. Despite existing elaborate global and national securities regulation frameworks, regulators face steep enforcement challenges. Besides individual losses, noncompliance erodes credibility and negatively impacts…

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Google to bring new rules for businesses seeking to advertise crypto in EU

Starting mid-April, crypto exchanges and wallet providers will be required to be MiCA-compliant to advertise on Google in the European Union. Google is changing its advertising policy for crypto services in the European Union, requiring businesses to follow the Markets in Crypto-Assets rules. Starting April 23, companies that want to advertise crypto exchanges and software…

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Abu Dhabi regulator fines crypto firm and its CEO over $12m over unlicensed activity

Abu Dhabi’s financial regulator has fined crypto firm Hayvn and its CEO more than $12 million for AML breaches and unlicensed activity. The Financial Services Regulatory Authority of Abu Dhabi Global Market has taken enforcement action against Hayvn Group and its former CEO, Christopher Flinos, for regulatory breaches and unlicensed crypto activity. In a press…

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