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 […]
Tag: UAE
Key highlights: Abu Dhabi’s FSRA has permitted Coinbase to provide custody for tokenized securities The exchange plans to offer digital securities registered and issued in ADGM Coinbase is also rolling out over 170 derivatives contracts to UK investors Major crypto exchange Coinbase is setting up its international tokenization hub in Abu Dhabi. This will give […]
Key highlights: Guren “Bobby” Zhou invested $100 million in World Liberty Financial Zhou was arrested in Britain in 2021 on suspicion of money laundering The source of the $100 million used for the investment was not clearly stated A $100 million crypto investment from a businessman who was investigated for money laundering in Britain has […]