China

U.S. Senate Democrats asked Treasury, DOJ to probe Binance's illicit finance controls

U.S. Senate Democrats have requested the Treasury Department and the Department of Justice to investigate Binance, the world's largest cryptocurrency exchange, over concerns regarding its controls on illicit finance. The senators highlighted potential violations of anti-money laundering laws and the need for stricter oversight of the platform. This inquiry comes amid increasing scrutiny of cryptocurrency exchanges and their compliance with financial regulations. Binance has faced regulatory challenges in multiple countries, raising questions about its operational practices. The outcome of this investigation could significantly impact the exchange's future in the U.S. market.

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Banking Giant Barclays Mulls Crypto Payments Push: Bloomberg

Barclays is reportedly considering a move into the cryptocurrency payments sector, according to a Bloomberg report. The banking giant is exploring options to facilitate crypto transactions for its clients, reflecting a growing interest in digital assets among traditional financial institutions. This potential initiative comes as Barclays aims to enhance its

Citi and Morgan Stanley expand bitcoin and crypto custody, trading and tokenization efforts

Citi and Morgan Stanley are enhancing their services in the cryptocurrency space by expanding their custody, trading, and tokenization efforts for Bitcoin and other digital assets. Citi plans to offer a broader range of crypto custody services, while Morgan Stanley is increasing its investment in crypto-related offerings for its clients.

Trump Orders Federal Agencies to Dump 'Woke' Anthropic AI After Pentagon Dispute

Former President Donald Trump has directed federal agencies to discontinue their use of Anthropic's AI technology, labeling it as "woke" following a dispute involving the Pentagon. This decision comes amid ongoing debates about the influence of AI in government operations and concerns over its alignment with

Coinbase’s head of litigation says states are “gaslighting” on prediction markets

Coinbase's head of litigation, Paul Grewal, has accused state regulators of "gaslighting" regarding the regulation of prediction markets, asserting that their stance is inconsistent and misleading. He argues that the regulatory framework should be clearer to foster innovation in the crypto space. Grewal emphasizes that prediction

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Banking Giant Barclays Mulls Crypto Payments Push: Bloomberg

Citi and Morgan Stanley expand bitcoin and crypto custody, trading and tokenization efforts

Trump Orders Federal Agencies to Dump 'Woke' Anthropic AI After Pentagon Dispute

Coinbase’s head of litigation says states are “gaslighting” on prediction markets