Jump Crypto President Steps Down from Position
In the wake of many rumors of a CFTC inquiry, Jump Trading's head of digital assets, Kanav Kariya, stated he was resigning as president of Jump Crypto.
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CoinCodeCap WeekInFocus: June 23, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Nigeria Denies Allegations of Poor Prison Conditions for Binance Executive
The Nigerian government has refuted claims that Tigran Gambaryan, an executive at Binance, is being detained in substandard conditions.
Nigeria Unveils New Rules and Compliance Program for Digital Assets
The Nigerian SEC has modified the regulations pertaining to digital asset issuance, offering platforms, exchange, and custody.
HectorDAO Initiates Chapter 15 Bankruptcy Filing in the US
The decentralized autonomous organization HectorDAO filed for Chapter 15 bankruptcy in the US after a string of cyberattacks and market failures depleted the community's finances.
Kraken Recovers $3M from CertiK, Concludes Bug Bounty Dispute
The crypto exchange Kraken has made up for lost money in a well-publicized bug bounty exploit incident.
Binance Fined $2.25M by Indian FIU for Violations
India's FIU fined crypto exchange Binance $2.25 million for serving Indian customers without abiding by the country's anti-money laundering regulations.
Nigerian High Court Rejects Binance Executive’s Detention Lawsuit
Local press sources state that Binance regional manager Nadeem Anjarwalla's lawsuit was dismissed by the Nigerian High Court.
Iran Set to Launch Public CBDC Pilot in June
In an open pilot program, the Central Bank of Iran (CBI) will introduce a national digital currency for use in domestic micropayments.
North Dakota Joins States Revoking Binance US License
The financial watchdog in North Dakota has withdrawn the money transmitter license for Binance US, the company's US subsidiary, becoming the eighth state to do so.