Cryptocurrency News Official TheBitTimes.com

Legal Troubles for Binance Over Russia Post the onset of Russia ’s offensive in Ukraine, Binance publicized a decrease in its Russia n endeavors, adhering to the European Union’s stringent sanction regime. However, the authenticity of this assertion has been challenged.  advertisement Data sources, notably the Wall Street Journal (WSJ) and the Russia n Central Bank, present contrasting narratives. Records reveal that despite Binance ’s announcement, there’s an enduring ruble trading footprint on its platform. Peer-to-peer trades by Russia n entities averaged a monthly total of $428 million over half a year. The current system in place at Binance is under the lens for its possible multi-layered intermediaries, which might facilitate sanctioned Russian organizations in converting their funds into Binance balances. Read More: Binance ’s Acquisition Deal With Gopax Reportedly Failed Recommended Articles ...

Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, doubt, and uncertainty (FUD) across the crypto community. Silicon Valley Bank (SVB) collapse on March 10 has sparked fear, doubt, and uncertainty (FUD) across the crypto community, leading many to come back to crypto roots, reviving the Bitcoin white paper published just weeks after the Lehman Brothers meltdown in 2008.  It's truly amazing how many people are scared that a couple Banks went down. Someone tell these people WHY BITCOIN WAS CREATED. — Toby Cunningham (@sircryptotips) March 11, 2023 "There’s an entire generation of builders who only read about Lehman and the financial crisis and scoffed at Bitcoin. Now, their eyes are wide open. Welcome new friends," stated on Twitter Ryan Selkis, founder and CEO of Messari.  in shock that is all the SPEED at which all of this is happening is unbelievable — Meltem Demirors (@Melt_Dem) March 10, 2023 Approximately six weeks after the dramatic collapse of the...