Committee Chairman Ginger Onwusibe warned that if Binance ignores the subpoena, the committee will exercise its constitutional authority to take necessary action. This Monday, March 4, Binance CEO Richard Teng must appear before the Nigerian authorities to offer statements. The Financial Crimes Committee of the Nigerian House of Representatives is investigating the cryptocurrency exchange for […]
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Below are the five key reasons behind Bitcoin’s recent price movements. In a notable display of bullish momentum, the price of Bitcoin (BTC) has soared, almost touching its all-time high of $69,044 set in November 2021. The cryptocurrency’s value rose to an impressive $68,848 before facing a 5% correction, subsequently falling to $64,200. However, the […]
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In an effort to effectively fight cryptocurrency-related crimes, the UK government has announced drastic measures that will come into effect from April 26. According to recent legal documents, the country’s authorities will be able to freeze and, where necessary, destroy crypto assets linked to illicit activities without requiring a prior conviction. Amendments to the Economic […]
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The Indonesian government appears committed to fostering responsible growth in the bitcoin sector while maintaining financial stability and protecting the integrity of its official currency, the rupiah. Indonesia’s crypto market faces a period of change and reassessment, as evidenced by falling tax revenues and planned regulatory changes. While Bitcoin’s value rose throughout 2023, the country’s […]
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What will really happen to Bitcoin and the entire crypto market as a result of the halving? The Bitcoin halving is a historic event that generates all kinds of feelings in the wide world of digital currencies. It not only has influence on the queen cryptocurrencies, but on the rest of the alternative currency market […]
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