Binance deliberately skirted US sanctions to serve Iran users, says Reuters
Reuters revealed Binance knew it was serving Iran-based users despite US sanctions prohibiting them from doing so.
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The Weekend Shift: Crypto Regulation, Tech Unicorns, Tequila
The most interesting reads, podcasts, charts, and opinions from the internet this weekend — curated for you by the Protos newsroom.
The US pressures Japan to cut crypto ties with Russia
More than 30 Japanese crypto firms still service Russian users despite laws that attempted to rule out sanction evasion via digital assets.
Brazil gang caught laundering illegal gold with crypto
Police in Brazil arrested five people linked to healthcare firms illegally mining gold and laundering the profits with crypto.
— Crypto, Regulation
US government adopts strict crypto ethics rules for employees
The US Office of Government Ethics is banning 2.8 million government employees from working on matters affecting their crypto portfolios.
Voyager Digital duped customers with FDIC insurance
Customers are considering filing fraud claims with their bank over Voyager and its chief Stephen Ehrlich's false insurance advertising.
Opinion: EU’s MiCA set to raise bar for crypto regulation — with some challenges
If adopted by the EU, MiCA will introduce several new crypto regulations. Crypto bros may be up in arms but Mark Camilleri is a fan.
— Crypto, Regulation
Crypto companies flee the scepter of the Monetary Authority of Singapore
The Monetary Authority of Singapore was once heralded as more welcoming of crypto than Seoul or Hong Kong. Now, it plans to crack down.
Dutch university may recover double the value of crypto ransom but won’t profit
Dutch police have seized a wallet holding double the value of a Bitcoin ransom Maastricht University paid to hackers, but it won't be enough.
China’s first firm to bet big on crypto warns of major net losses
Beauty filter app Meitu has warned investors it expects a net loss of up to $52 million in the first half of the year thanks to crypto winter.