The regulator filed a formal request with the national telecommunications agency on March 12 to help in “blocking the website and other web pages used by Binance, which was found to have offered an investment and trading platform without the necessary license.” Source
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders. Source
Jupiter Asset Management (JUN) is withdrawing its investment in one of its exchange-traded cryptocurrency products (ETPs). JUN, a London-listed firm with more than $65.8 billion in assets under management, has pulled out of the investment due to compliance issues, the Financial Times (FT) reported. Jupiter Gold & Silver fund invested $2.58 million in the Ripple (XRP) 21Shares ETP in the first half of 2023. However, the investment was flagged by the company’s regular oversight process and was later canceled at a loss of $834. The FT cites differences in the…
This year, Kazakhstan’s Financial Monitoring Agency (AFM) blocked access to almost a thousand crypto exchanges that were serving the country’s citizens without proper registration. According to the press release from Dec. 7, published on the government’s website, the AFM denied access to 980 illegal platforms in 2023. It also launched nine investigations into “illegal exchange operations” and money laundering. This information was revealed by the chairman of the AFM, Ruslan Ostroumov, during the meeting of the Eurasian Group on Combating Money Laundering in China. Related: Kazakhstan officially launches digital tenge…
“The Information Committee of the Ministry of Culture and Information received a request from the Ministry of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan with a request to block the Internet resource www.coinbase.com, which violates paragraph 5 of Article 11 of the Law of the Republic of Kazakhstan ‘On Digital Assets in the Republic of Kazakhstan,’” the ministry told the outlet. Source
The Ministry of Culture and Information of Kazakhstan has officially confirmed they have blocked the Coinbase website in the country. The authorities of Kazakhstan have been blocking local IPs’ access to Coinbase since September at least. According to a Nov. 7 report from a local news outlet, Kursiv, access to the Coinbase website was blocked by an order of the Ministry of Culture and Information. Ministry representatives explained to journalists that the request came from a different government body, the Ministry of Digital Development, which accused Coinbase of violating the…
Several key witnesses, including a British barrister and a University of Michigan professor, have been barred from testifying in the upcoming trial of former FTX CEO Sam Bankman-Fried, as ordered by District Judge Lewis Kaplan. The trial, which is scheduled to commence on Oct. 3, has garnered significant attention. One of the primary individuals expected to testify was Lawrence Akka, a prominent British barrister. Akka’s testimony was to elucidate the intricacies of FTX’s terms of services and the ensuing obligations. However, Judge Kaplan, in a surprise move, deemed this testimony…
Twitter users on both mobile and web found themselves unable to interact with tweets containing links to Substack pages on April 7. When many users attempt to like, retweet, or reply to posts containing Substack links, they’re given an error message that “Some actions on this tweet have been disabled by Twitter.” In some cases, users report the UI seems to register their like or retweet, but upon inspection, it doesn’t appear to be counting or displaying the interactions. Attempts to like and share Substack tweets appear to have been…
Web3 URLs — enabled with the launch of ERC-4804 — have made it onto Ethereum, allowing internet users to access Ethereum apps and NFTs without worrying about centralized censorship. The new Ethereum standard, titled “Web3 URL to EVM Call Message Translation,” was first proposed on Feb. 14, 2022, and was co-authored by ETHStorage founder Qi Zhou, Ethereum researcher Sam Wilson and Chao Pi. It described the proposal as an “HTTP-style” URL to directly access on-chain Web3 content, such as decentralized apps (DApps) front-ends and NFTs. More than a year later,…
Jan. 2 “marks 47 days since Genesis halted withdrawals,” Cameron Winklevoss, cofounder of the cryptocurrency exchange Gemini, pointed out in an open letter to Barry Silbert, CEO of the Digital Currency Group (DCG), which owns Genesis. Winklevoss went on to make a blunt appraisal of DCG’s business practices. According to the letter Winklevoss posted on Twitter, Genesis owes Gemini $900 million for funds Gemini lent to it as part of the Gemini Earn program. “For the past six weeks, we have done everything we can to engage with you in…