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Fresh allegations bring Sam Bankman-Fried and his associates further into the heart of an audacious conspiracy.

FTX's legal team claims that Daniel Friedberg turned a blind eye to the criminal activities of its executives for an extended period of time.

The exchange has recently made the decision to withdraw from its operations in the United Kingdom, Netherlands, and Cyprus, signaling a strategic retreat.

Starting from July 15th, KuCoin's services will mandate new customers to undergo identification checks.

Authorities aim for a universally accessible digital payment system, catering to 'everyone, everywhere, for free.'

Bloomberg's sources revealed that the bidders undertook extensive due diligence on the stake for several months prior to making their move.

Both Far East financial hubs adopt a comprehensive approach in regulating cryptocurrencies and are expected to draw businesses globally. Although they are not listed in CoinDesk's Crypto Hubs 2023 ranking of the top 15 destinations for crypto professionals to live and work, they should not be underestimated.

The exchange expressed dissatisfaction with regulators' 'misleading' public statements regarding Binance's management of customer funds.

The proposed legislation aims to establish clearer protocols for American cryptocurrency exchanges to undergo registration with regulatory bodies.