Policy • March 7, 2023, 6:30AM EST Thailand’s cabinet has approved tax waivers for crypto companies that offer investment tokens in the country, according to a statement by Finance Minister Arkhom Ter...
Tag: Reuters
Visa Exec Faults Reuters Story, Says Company Remains Bullish on Crypto
Visa’s crypto head dismissed an earlier report from Reuters about the company halting crypto-related launches as inaccurate. Instead, he said Visa will continue to partner with more cryptocurrency fir...
Former FTX Engineering Director Nishad Singh Pleads Guilty to Criminal Charges: Reuters
Join the most important conversation in crypto and web3! Secure your seat today Former FTX Director of Engineering Nishad Singh pleaded guilty to six criminal charges in a New York court on Tuesday. S...
Mastercard and Visa set crypto plans on hold amid market decline: Reuters
Mastercard and Visa are holding off on their crypto integration plans in the wake of several turbulent events that have rocked the cryptocurrency space in the last year, according to Reuters. “R...
Stablecoin: to Reuters, the winner is Tether
Today, Reuters published an article by Medha Singh and Lisa Pauline Mattackal in which they bluntly state that the winner in the stablecoin market so far is Tether. Indeed, looking at the changes in t...
Credit Suisse Chairman’s Outflow Claims Probed, Reuters Says
(Bloomberg) — Switzerland’s financial regulator is reviewing comments that Credit Suisse Chairman Axel Lehmann made in December on outflows from the company having stabilized, on the basis that ...
Binance US Moved $400M to Trading Firm Linked to CEO CZ: Reuters
Crypto exchange Binance US moved $400 million from its platform to a trading firm managed by Binance CEO Changpeng Zhao, a Reuters report today claims, citing documents. The cash was moved in the firs...
Binance.US Refutes Reuters Report, Says Only its Executives Have Access its Bank Accounts
Binance.US refuted an earlier report made by Reuters, which stated that the international exchange allegedly moved $400 million from an account belonging to the American affiliate. In an attempt to cl...
Binance CZ Secretly Accessed $400M User Funds: Reuters Report
Binance US Funds: In what could be yet another setback for crypto exchange Binance and its CEO ‘CZ’, latest reports suggest CZ secretly had access to $400 million worth funds supposedly believed to be...
Indonesia’s J&T Express Aims For Hong Kong IPO, Might Raise $2 Billion
The Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on … [+] Wednesday, July 13, 2022. Hong Kong is likely to see more dual-traded companies shift toward...
Merit Peak, firm at heart of Reuters report, operated on Binance.US, exchange admits
Binance.US, the U.S. affiliate of the world’s largest crypto exchange, acknowledged that a market making firm called Merit Peak, which is alleged to have secretly received $400 million from the exchan...
Binance transferred $400 million from U.S. partner to Zhao-run firm, Reuters says
Binance secretly had access to a bank account of its U.S.-based partner and transferred more than $400 million from that account to a trading firm managed by Chief Executive Officer Changpeng Zhao, Re...
Top Objectives, Challenges And Strategies In CX
We must be aware of the objectives, challenges and strategies within the customer experience.. getty You may know Reuters as the news outlet owned by Thompson Reuters and one of the largest news agenc...
G20 exploring coordinated crypto regulation: Reuters
Nirmala Sitharaman, finance minister of current G20 president India, said the group of major economies is exploring whether it can coordinate on crypto regulation. Sitharaman — whose government,...
Courthouse Evacuated Because Of Bomb Threat
Topline The murder trial for Alex Murdaugh, a prominent South Carolina attorney accused of killing his wife and son in 2021, was evacuated Thursday after a bomb threat was called into the courthouse, ...
How Long Do Recessions Last?
Getty Images Key takeaways A recession occurs when economic indicators like gross domestic product, consumer demand and employment decline Since World War II, the average recession in the U.S. lasts a...
Justin Sun eyes up to $1 billion spend on DCG assets: Reuters
Tron founder Justin Sun is reportedly considering spending as much as $1 billion on assets of crypto conglomerate Digital Currency Group, which owns troubled crypto lender Genesis among several notabl...
US trustee objects to FTX’s planned sale of LedgerX and other units: Reuters
A U.S. trustee filed an objection to FTX’s plan to sell the company’s LedgerX as well as FTX units in Europe and Japan. FTX filed for bankruptcy protection in November, amid mountin...
Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source Familiar
A former lawyer of Sam Bankman-Fried’s bankrupt FTX crypto firm provided details of what he knew about the company’s dealings during a meeting with officials of the U.S. Department of Just...
SEC probes FTX investors on due diligence procedures: Reuters
The U.S. Securities and Exchange Commission (SEC) wants to understand the due diligence process investors followed when it came to investing in collapsed crypto exchange FTX, according to a Reuters re...
Ex-FTX Lawyer Helped Prosecutors Build 8 Count Case Against Sam Bankman-Fried: Reuters
– Advertisement – Summary: Daniel Friedberg gave U.S. authorities insight into how Bankman-Fried diverted FTX customer funds to finance Alameda Research. Freidberg was contacted by FBI age...
Former FTX lawyer tipped off US prosecutors on SBF fund abuse: Reuters
Collapsed crypto exchange FTX’s former top lawyer, Daniel Friedberg, shared his knowledge of founder Sam Bankman-Fried’s use of customer funds with U.S. prosecutors. Friedberg joined a mee...
Sam Bankman-Fried criminal case assigned to new judge: Reuters
The criminal case against former FTX CEO Sam Bankman-Fried was reassigned to U.S. Judge Lewis Kaplan after U.S. District Judge Ronnie Abrams recused herself on Friday, Reuters reported, citing a court...
Reuters hints at ‘dark secrets’ surrounding Binance and its reserves
Binance CEO Changpeng Zhao (CZ), who has repeatedly promised transparency, reiterated his vow in the wake of the FTX bankruptcy. However, Reuters this week accused Binance of hiding its liabilities an...
Sam Bankman-Fried won’t fight U.S. extradition: Reuters
Sam Bankman-Fried, the founder and former CEO of FTX, is expected to tell a court in the Bahamas on Monday he will no longer contest extradition to the United States, where he is facing criminal fraud...
G20 looks to develop a global crypto policy consensus: Reuters
Representatives at the G20 are looking to develop a streamlined policy agreement for crypto assets to inform global regulation. “One of the priorities which have been put on the table is to help...
Bankman-Fried denied bail, remanded to custody in the Bahamas: Reuters
Sam Bankman-Fried is headed to jail after a magistrate judge in the Bahamas denied his bail application and remanded him to the Department of Corrections, Reuters said. The disgraced former CEO of FT...
Binance hits out at Reuters, USDD loses peg, Paxful delists ETH
The biggest news in the cryptoverse for Dec. 12 includes Binance saying “Reuters has it wrong again,” obscure token takes up 15% of ETH gas fees, USDD loses peg, and more CryptoSlate Top Stories XEN c...
Reuters’ exclusive on possible Binance investigation triggers discussion on bias
Following the publication of Reuters’ exclusive on the alleged Binance investigation, the crypto community raises the question of the planned ‘attack’ on crypto. On Dec. 12, Reuters published a major ...
‘Reuters Has It Wrong Again,’ Says Binance In Response To Reports Of DoJ Charges: Report
– Advertisement – Binance refutes a Reuters report that the DoJ is preparing to place charges on the crypto exchange. Binance, in a tweet today, has refuted details of a report from Reuter...