Binance Grants Israel’s Request to Freeze Hamas-Linked Accounts but There’s Catch
Having frozen the accounts with Binance’s help, however, the funds are now expected to be transferred to the state treasury.
Resolution Sponsored by Representative Adam Kinzinger (R-IL) and Referred to the Committees on Energy and Commerce
Having frozen the accounts with Binance’s help, however, the funds are now expected to be transferred to the state treasury.
Binance was mandated to submit extensive internal records of its dealings and how it complied with anti-money laundering (AML) rules in the US.
Samuel Reed, Arthur Hayes, and Benjamin Delo have already pleaded guilty, and have each agreed to pay a $10 million fine as part of the terms of their plea agreement.
Shortly after reaching its all-time high, Nasdaq steps into the AML sector as it launched AI technology to detect money laundering.
In response to the recent regulatory guidance concerning token sales, Ambisafe has created an innovative self-regulating token class to assist with the management of securities on the Ethereum blockchain.
The public often feels somewhat split about the new advances in technology – they can be both exciting and daunting. Some inventions enter the mainstream almost overnight, and for others, it takes time to adjust and adopt. One example of such harder to comprehend innovations can be seen in the phenomenon of cryptocurrencies and their rise as a medium of exchange.