US senator questions USD1 launch on Binance.US following CZ pardon
Senator Chris Murphy alleged corruption over the exchange “promoting Trump crypto” shortly after the US president issued a pardon for Binance founder Changpeng Zhao.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Senator Chris Murphy alleged corruption over the exchange “promoting Trump crypto” shortly after the US president issued a pardon for Binance founder Changpeng Zhao.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
US DOJ seeks $61 million in crypto proceeds from illicit Iranian oil sales laundered on Binance
Prosecutors alleged that two Chinese companies used Binance to launder those funds to Iran and its proxies.
US DOJ seeks forfeiture of $61M in crypto tied to Iranian oil sales laundered through Binance accounts
The DOJ's action underscores the increasing scrutiny on crypto exchanges and highlights the challenges of enforcing international...
Grayscale Launches 4 Crypto Portfolios for Financial Advisors
Grayscale has launched four model portfolios that let financial advisors add diversified crypto exposure through exchange-traded p...
Bitcoin exchanges can reduce quantum exposure before a network upgrade
A future quantum-safe Bitcoin will have to pass through the systems that hold and move today's coins. Exchanges, institutional cus...
Kraken Launches xStocks Vaults That Borrow Against Tokenized Equities
Kraken has launched three vaults that let eligible clients earn variable yield on SPYx, QQQx and NVDAx while retaining exposure to...
Crypto exchange CoinEx to shut down after 9 years, citing market slump
The exchange blamed a long market slump, shrinking volume and liquidity, and rising regulatory and compliance costs.