By Hassan Shittu Key highlights: Binance’s Greek MiCA license bid collapsed after ECB President Lagarde reportedly urged Greek PM Mitsotakis not to proceed A Greek approval would have given Binance a passport to serve all 450M EU citizens under MiCA Binance isn’t permanently banned from the EU; it can apply in other member states but […]
Tag: AML
By Wayne Jones This week, Binance founder Changpeng Zhao (CZ) finally revealed why he chose to face US prosecutors during his AML violation case despite holding UAE citizenship that could have kept him from the grasp of US law enforcement. His account offered a rare explanation of his thinking before a four-month prison sentence and […]
Key highlights: The IMF says Brazil’s dependency on stablecoins could have far-reaching effects for the broader economy. Stablecoins have led Brazil’s crypto market growth for nearly 10 years, with dollar-denominated assets leading the charge. Tether’s USDT holds a sizable share of the market, followed by Circle’s USDC. The International Monetary Fund (IMF) has called for […]