
US prosecutors probing Binance over AML compliance since December 2020 – Reuters
The regulator's requested information on Binance's management, structure, finances, anti-money laundering and sanctions compliance.
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.

The FASB rules will cover digital assets that are intangible, fungible, and don't carry any contractual rights to cash flow or ownership of goods and services.

Deloitte argued that crypto startup DKYC's domain name directly contradicts its own "knowyourclient" service by promoting anonymous crypto transactions.

In the U.S., 61% of retail respondents said they currently invest in crypto in Q2. That's an increase of 44% from just 42% investing in crypto in Q1.

Washington DC Attorney General said Saylor has never paid income tax despite staying in the city for more than a decade.

The inquiries are part of the latest push from Congress to bring tighter regulation to the crypto industry in the U.S., as the country still struggles to determine which of its many federal agencies should be tasked with overseeing it.

Nexo has committed additional $50 million towards its long-standing buyback initiative.



