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Crypto Fund Settles With NFA Over $2.5M Bitcoin Loan


Cryptocurrency fund Ikigai Strategic Partners has agreed to pay a $150,000 fine to the National Futures Association (NFA) following allegations of an illicit bitcoin loan, according to an Aug. 20 decision by an NFA hearing panel. The fine addresses the fallout from the industry-wide liquidity...

China Opens e-CNY Research Institute, Appoints First Expert Panel


With its official launch, the e-CNY Research Institute sets out to foster industry integration and innovation, supported by a newly appointed panel of specialists from finance and technology sectors. The post China Opens e-CNY Research Institute, Appoints First Expert Panel appeared first...

Nigeria’s Financial Watchdog Summons Binance CEO Over Crime Concerns


New Binance CEO Richard Teng must appear before Nigeria’s House of Representatives Committee on Financial Crimes to answer questions about his company’s lax KYC and AML policies, which may have played a part in terrorism financing and money laundering. Committee Chairman Ginger Onwusibe...

Bitcoin Price Predicted to Exceed $77,000 This Year: Finder Panel


A panel of experts surveyed by comparison platform Finder has predicted that the price of bitcoin will climb above $77,000 by the end of 2024. Moreover, the majority of the experts believe it’s a good time to buy the cryptocurrency at the current price. Finder’s Experts Share Bitcoin...

US Representative French Hill Optimistic on Progress of Crypto Legislation


During a panel discussion at the recent Foundation for Defense of Democracies event, Arkansas Republican French Hill shared a positive update on the trajectory of the Financial Innovation and Technology for the 21st Century Act and the Clarity for Payment Stablecoins Act. US Representative French...

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