Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Exchange rejects outgoing withdrawals and flags deposits after federal regulators designate rival a primary laundering concern Binance has barred all transactions to and from rival cryptocurrency exchange MEXC Global, warning that outgoing withdrawal requests will be rejected and incoming deposits frozen for compliance review. The restriction took effect immediately following a U.S. regulatory enforcement action designating Seychelles-based MEXC a primary money laundering concern over allegations involving more than $16 billion in illicit transactions. Under the policy, Binance stated that any …
Bitcoin
Crypto
Bitcoin is taking another beating as inflation fears, institutional withdrawals, and leveraged liquidations send its price lower. The world’s largest crypto coin slipped toward $73,700, …
Goldman Sachs and Citigroup are among the banks that have committed about $270 million to a joint stablecoin company, Bloomberg reported on Tuesday. Banco Santander …
