Will Binance CEO Step Down?

Binance continues to be the world’s largest cryptocurrency, while it has faced major regulatory scrutiny as countries have begun to ban it because of its lack of ability to meet the FCA’s anti-money laundering requirements. CEO Changpeng “CZ” Zhao says that he is willing to step down as the company transitions to being a regulated …

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EU to Create New Agency for Anti-Money Laundering

The rise of crypto comes with the unfortunate rise of dirty money. On July 7, the European Union released documents showing their plans to create an anti-money laundering agency and new rules for transferring assets to fight against the increasing issue of money laundering. The pressure for Europe to take action against money laundering has grown …

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Ireland Ranks as 6th Most ‘Crypto-ready’ Country in the World

As online banking and cryptocurrency become more popular across the globe, more people are investing in cryptocurrencies such as Bitcoin and Dogecoin. Some countries are all for crypto, while some are not.  The 2021 Crypto-Ready Index by Crypto Head ranks Ireland in 6th place. The rankings are all data-driven. Crypto Head analyzed the number of crypto ATM’s …

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China Cracks Down on Crypto

China is one of the countries that was still developing when it adopted fintech. The country as a whole experienced a great amount of growth due to its outdated regulations that left room for inhibited growth.  In 2018 its investments reached $25.5 billion, taking up half of the total fintech investments that year. In the …

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