Binance Clamps Down on Customer Verification As Regulatory Pressures Mount

In light of recent regulatory crackdown and backlash, global crypto exchange Binance is beginning to crack down on its customer verification requirements across its platform. More specifically, the exchange is restricting its once lenient know-your-customer (KYC) requirements.  Effective immediately, new customers wanting to use Binance’s services are required to complete the platform’s intermediate verification processes, […]

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US Congress Creates New Crypto Working Group to Tackle Blockchain Regulation, CBDCs, and More 

Earlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task Force, the House Democrat group will feature 12 members of the House Financial Services Committee.  I applaud Chairwoman Waters’ decision to elevate the attention given […]

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