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The Latest Breaking News on Crypto

Why won’t the Gambling Commission suspend licences of firms that break rules?

William Hill has received a record £19.2m penalty, but government must toughen outdated laws

The Guardian - UK

Is Buying Visa’s Stock Finally Paying Off?

Despite several challenges, payment company Visa (V) has come a long way and is expected to keep benefiting from the rise in cashless transactions. However, is buying the stock paying off? Keep reading to find out.

StockNews.com

UK government drops plans for NFT made by Royal Mint

Labour criticises Rishi Sunak ‘vanity project’ announced weeks before collapse in value of cryptocurrencies

The Guardian - UK

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Commentary: How Big Tech’s predatory culture fuels failures like Silicon Valley Bank

After 20 years of what appeared to be unstoppable growth, America’s tech industry has spent the past year underperforming the rest of the economy. Product failures in new industries like virtual reality and cryptocurrency, layoffs across the board, lower stock prices, and the failure of Silicon Valley Bank create a…

Los Angeles Times

Binance isn’t FTX. It’s much bigger and more systemically important to crypto

In every single corner of the crypto landscape, one name pops up: Binance.

Tribune News Service

The most striking claims in the CFTC’s lawsuit against Binance

The top U.S. derivatives regulator’s lawsuit against crypto giant Binance Holdings Ltd. and Chief Executive Officer Changpeng Zhao hammers at the company’s alleged concealment of rules violations in a breakneck pursuit of growth.

Tribune News Service

Crypto giant Binance hit with US charges for breaking trade rules

Washington (AFP) - A top US markets regulator on Monday charged cryptocurrency giant Binance and its founder Changpeng Zhao with multiple violations, in another move by Washington against the once high-flying sector.

AFP

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Crypto Billionaire Zhao and Binance Are in Big Trouble

The CFTC has just filed a lawsuit against Zhao and his firm Binance, the world's largest cryptocurrency exchange, for allegedly letting U.S. residents buy and sell crypto derivatives while the firm is not registered.

The Street

South Dakota gov's veto of cryptocurrency regulations upheld

South Dakota’s House has failed to override Gov. Kristi Noem’s recent veto of a bill that would have created government regulations for the use of cryptocurrency in the state

The Independent UK

Crypto Billionaire Changpeng Zhao and Binance Sued

The Street

Cathie Wood’s ARKK ETF Pressured a Bit. Has It Bottomed?

The ARK Innovation ETF has traded better in 2023 but has been under pressure recently. The charts hold a clue as to what's next.

The Street

US regulator sues crypto exchange Binance and boss Changpeng Zhao

Complaint alleges firm grew US business despite stated intent to block US customers from platform

The Guardian - UK

Changpeng Zhao: a crypto king under pressure

Paris (AFP) - At parties, on stages and in meetings, Changpeng Zhao, who has been charged with illegal trading in the United States, is rarely seen without his black polo shirt, emblazoned with the insignia of his crypto firm Binance.

AFP

Binance, CEO Sued By CFTC For Trading Violations; Bitcoin Price Stumbles

The CFTC sued Binance and its CEO, the latest U.S. government crackdown vs. cryptocurrency firms. The Bitcoin price fell but has pared losses.

Investors Business Daily

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Bangkok Post

WeTV joins forces with partnership and viewer communities,

Since the Covid-19 pandemic that has shifted the world, including the media industry, toward online activities and platforms, OTT platforms have been constantly on the rise.

The Street

Titanium CEO Learns His Fate After Major Crypto Fraud Scheme

The CEO of a purported crypto investment platform receives prison time for his role in an initial coin offering that raised $21 million from investors.

The Guardian - AU

Meta slammed over scam ads on Facebook featuring Australian TV personalities

TV networks Seven, Nine and Ten tell Senate inquiry that fake news stories and crypto scam ads featuring stars like David Koch and Karl Stefanovic are causing harm to consumers

Bangkok Post

Regulator orders Zipmex to clarify deal payments

The Securities and Exchange Commission (SEC) on Monday ordered cryptocurrency exchange Zipmex to clarify news that emerged on Friday regarding its Singapore parent not receiving the latest payment under its buyout agreement with venture capital firm V Ventures Technologies.

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Creative Bloq

NFTs aren't dead, and Amazon's new digital art gallery could prove it

Will a new NFT marketplace launch next month?

Caixin Global

Shanghai Composite Index Fell 0.44% on Monday

Shenzhen Component Index closed up 0.12%

The Independent UK

Black, Hispanic investors struggle with faith in crypto

Many Black and Latino investors were drawn to crypto by its promise to be pathway to wealth-building outside of a traditional financial system with long history of racial discrimination and indifference to the needs of low-income communities

AAP

Two in five Australians gamble every week, report shows

New data from the Australian Gambling Research Centre has revealed the extent of harm gambling is causing to Australians.

Asharq Al-Awsat

Saudi Housing Sector Fundraising Campaign Recreates IPO Model

Saudi Arabia’s crowdfunding platform for home ownership Jood Eskan has launched a first-of-a-kind charitable campaign to raise SAR1 billion ($266 million) in donations during the Holy month of Ramadan. Titled ‘Ever-Green Stock,’ Jood Eskan’s charitable campaign is an IPO simulation that targets Saudi Arabia's most prominent corporations, institutions, and individuals.…

Reuters

Venezuela arrests 21 in corruption crackdown, 11 more wanted

An expanding anti-corruption probe in Venezuela has led to the detention of 10 officials and 11 businessmen, the country's attorney general said on Saturday, adding that arrest warrants for 11 more people have been issued.

AFP

Do Kwon: S. Korea's crypto 'genius' turned disgraced fugitive

Seoul (AFP) - Once hailed as a genius, South Korean entrepreneur Do Kwon -- now facing multiple criminal charges over his failed cryptocurrency -- was a brash industry figure whose fame disintegrated into global notoriety.

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