
Binance reevaluates MENA strategy, retracts Abu Dhabi fund management bid
Binance's Abu Dhabi retreat signals strategic realignment in the face of evolving global regulations.
Stay informed on crypto regulation news, agency actions, global rules, compliance changes, and enforcement across major markets.

As Binance navigates unprecedented scrutiny, its CEO remains tight-lipped on the location of its headquarters.

Amidst heightened surveillance, SFC obstructs HongKongDAO and BitCuped for regulatory infractions.

Lawmakers and bank CEOs aligned in their support of stronger AML regulations in crypto markets at an annual oversight hearing.

During the past year, the SEC has weaponized the securities law against several crypto-related firms.

Members of the SEC, the Federal Reserve, and other agencies testified before the House Subcommittee on Digital Assets, Financial Technology, and Inclusion on Dec. 5 while legislation continues to languish.

A successful conversion to spot ETF could narrow the discount between Grayscale Ethereum Trust and its underlying asset, but it isn't going to happen in 2023.



