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The Directorate of Enforcement of India alleged that WazirX “actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route.”
Jonathan Victor noted that storing data off-chain doesn’t mean it’s centralized. It’s still decentralized when it’s done thoughtfully.
Bitcoin and most major altcoins have bounced off their strong support levels and may challenge the overhead resistance in an attempt to resume the up-move.
In both cases, plaintiffs allege Coinbase made fraudulent and misleading statements about the company’s business, operations and compliance efforts throughout the class period.
BTC price action stays in familiar territory as analysts discuss the true nature of estimate-beating payroll data.
Phil Harvey said that this type of miner can typically last a minimum of 36 months in a facility operated by their crypto firm Sabre56.
“There is a concerning lack of publicly available data to effectively evaluate the diversity among America’s largest digital assets companies,” said the letter.
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Binance Card owners now have access to 14 supported cryptocurrencies, including XRP, AVAX and SHIB, among others.
While it may be one of the most popular sectors within the crypto market, decentralized finance still has barriers to overcome before reaching mass adoption.
