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Binance Reportedly Investigated in US for Russia Sanctions Violations


Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine....

Coinbase reports 23% growth in 2023 Q1 financial results


Coinbase recently released its much-awaited financial report for the 2023 Q1. The exchange has noted a massive 23% growth in its revenue, reaching 773 million dollars. The amount was a welcome surprise since expert analysts had expected its revenue to revolve around 655 million dollars. Despite...

U.S. Regulator Cuts Digital Assets Out of Hedge Fund Rule


The Securities and Exchange Commission has decided to leave digital assets out of a new rule requiring more information from hedge fund and private equity advisers.  The agency voted to adopt new changes to private fund reporting, specifically to Form PF — a reporting form for registered...

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