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Report Claims Binance Commingled User Funds Similar to FTX


A new report claims Binance commingled different investors’ funds last year in a move "eerily" similar to actions by now-defunct cryptocurrency exchange FTX.  The world’s largest crypto exchange moved $1.8 billion of collateral set to back its customers’ stablecoins late last year, putting...

Indonesia Targets Mid-2023 for its State-Backed Crypto Exchange


Indonesia aims to launch its much-anticipated state-backed crypto exchange by mid-2023, according to the country's Commodity Futures Trading Regulatory Agency (Bappebti), which currently oversees digital assets. In a recent interview, Didid Noordiatmoko, head of Bappebti, said that the...

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