The world’s largest cryptocurrency exchange was suspended from operating in India in December 2023 for failing to comply with the country’s anti-money-laundering rules.
3 min read20 Jun 2024After receiving a four-month sentence, the ex-CEO will be the richest US inmate ever. That is just one of the reasons his case is nothing like FTX’s.
10 min read1 May 2024Binance co-founder Changpeng Zhao is facing up to three years in prison, if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely.
5 min read25 Apr 2024On Tuesday, the world’s biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX’s finances as well as potential regulatory investigations. Its decision to walk away deepened the ongoing crypto rout, with Bitcoin tumbling to the lowest level in two years.
5 min read10 Nov 2022The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared