Binance tackles Travel Rule compliance after multiple bans

Binance, the world’s top-ranked crypto exchange by daily trading volume, has faced a quick succession of bans on its operations in three different jurisdictions: Ontario, Canada; Japan; and the United Kingdom. While affected users continue to adjust to these quickfire developments, the platform appears to...

1inch Foundation upgrades governance framework

1inch Foundation, the non-profit arm of the 1inch decentralized exchange aggregator, has introduced important changes to its governance framework intended to streamline the proposal process.  On Wednesday, the Foundation announced the creation of the 1inch Network Governance, which complements the “instant governance” framework the protocol...

Russia’s central bank to study crypto investment risks

Russia’s central bank has scheduled a risk assessment for cryptocurrencies like Bitcoin (BTC), according to the Bank of Russia’s screening program for the second half of 2021. The examination of the potential risks of cryptocurrency investing will consider “systemic risks linked to cryptocurrency investment by Russian...