Binance Hits 250M Users, Record Stats
Binance reports over 250 million registered users by year's end, a 47% increase. Platform processed 4.44M requests/second; VIP users up 116%, institutional users up 97%. Internal compliance team expanded to 650 experts. Read more
US government clear to liquidate 69,000 Bitcoins (valued at $6.5B) seized from Silk Road. This follows a promise by the new administration not to sell the Bitcoins. Read more
#Binance#Bitcoin#Crypto#Users#VIP#Institutional#Compliance#SilkRoad#Seizure#Finance#USGovernment#AnnualReport#MarketCap#Trading#Blockchain#Investments#Tech#DigitalCurrency#News
Russia to Sell Seized Bitcoin Assets
The Russian Ministry of Finance plans to sell seized Bitcoin assets from the Infraud hacking case, starting with a batch valued at approximately $10 million. Marat Tambiev, a corrupt official, previously obtained 1,032.1 BTC from the hacker group. Read more here.
#Bitcoin#Russia#Infraud#Crypto#DigitalAssets#Banking#Finance#Regulation#MiCA#Custody#StandardChartered#EU#Hacking#Seizure#MaratTambiev#CryptoNews#BTC#Blockchain#FinanceNews#News
Ohio Proposes Tax-Free Bitcoin Payments
🇺🇸 Ohio representatives have introduced a bill to eliminate state taxes on Bitcoin transactions, potentially boosting adoption in the state. Explore more on this legislative movement here. Meanwhile, U.S. authorities seized about $31 million linked to the 2021 Uranium Finance hack. For further details, visit this link.
#Bitcoin#UraniumFinance#Crypto#Legislation#Taxes#Ohio#Seizure#Hack#DeFi#Blockchain#Policy#ETF#Cardano#Solana#Frax#Investment#Finance#Liquidity#Transparency#ActiveManagement#CharlesHoskinson