October 2024 - Page 2 of 2 - CryptoCurrencyWire

WednesdayOct 09, 2024 9:00 am

Cryptocurrency Exchange Gemini Announces Imminent Exit from Canada

Cryptocurrency exchange Gemini is preparing to shut down all customer accounts in Canada by the close of 2024. In an email sent to its Canadian users on Sept. 30, 2024, the exchange notified customers that accounts would be terminated on Dec. 31, 2024. Users have been given a 90-day window to withdraw their assets. “Starting Dec. 31, 2024, Gemini will be closing all Canadian customer accounts, with only a few exceptions. Therefore, your Gemini accounts will also be shut down,” the exchange stated in a statement. This move comes several months after Canadian financial regulators tightened crypto-trading platforms and exchange…

WednesdayOct 09, 2024 8:59 am

Blockchain Life 2024 in Dubai: A Legendary Gathering of Market Insiders Ahead of the Bull Run

On October 22-23, the legendary Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries will come together for the crypto event of the year to share insider information on the eve of Bull Run 2025. Esteemed speakers will provide expert market analysis, laying the groundwork for the market’s growth. Confirmed figures include: CEO Tether - Paolo Ardoino Co-Founder Animoca Brands - Yat Siu CEO Ledger - Pascal Gauthier CEO Cardano Foundation - Frederik Gregaard CEO Dubai Blockchain Center - Dr. Marwan Alzarouni Co-Founder Litecoin Foundation - Xinxi Wang CEO Vechain - Sunny Lu CEO…

TuesdayOct 08, 2024 7:51 pm

Crypto Fest 2024 to Highlight Bitcoin, Stablecoin Payments, and Regulatory Advances Across Africa

Cape Town, South Africa – On 11 October 2024, the DHL Stadium will host Crypto Fest 2024, one of the most anticipated South African Web3 events of the year. This event will highlight Bitcoin adoption, crypto payments, and the growing regulatory landscape across Africa, emphasizing both the benefits and challenges of using cryptocurrency for payments. Don’t miss out on this exciting event, tickets are selling out fast! Browse the ticket options below and reserve your spot online through Quicket: Day 1: Networking Day – Cape Town City Tour: R2900 Day 2: Main Event General Access: R580 Day 2: Main Event…

MondayOct 07, 2024 9:00 am

US Policy Pivot Prompts Chinese Ex-Minister to Call for Crypto Research

China’s former finance vice minister, Zhu Guangya, has urged the country to keep studying cryptocurrencies as the United States adopts a more favorable stance toward digital assets. Speaking at this year’s Tsinghua PBOC Chief Economists Forum, Zhu emphasized the importance of understanding the global development of cryptocurrencies, even in light of the risks and challenges associated with them. Zhu, who served in the role from 2010 to 2018, noted that cryptos play a vital role in the growth of digital economies and must be explored thoroughly. In his speech, Zhu noted that the U.S. has undergone a significant change in…

FridayOct 04, 2024 9:00 am

The US Cracks Down on Two Cryptocurrency Exchanges Over Money Laundering, Cybercrimes

The United States government recently sanctioned a pair of crypto exchanges and unveiled an indictment of a Russian individual, charging him with managing many money laundering operations for hackers. The two exchanges, PM2BTC and Cryptex, are alleged to have helped launder cryptocurrency potentially tied to cybercrime activities. The operation was taken as part of a coordinated effort with the Dutch FIOD, or Fiscal Intelligence & Investigation Service, and the Netherlands Police under an ongoing crackdown: Operation Endgame. As a result, the websites linked to the exchanges were seized, with their pages now displaying banners of seizure by law enforcement. Additionally,…

WednesdayOct 02, 2024 9:00 am

Binance’s CZ Walks Out of Jail — What Next?

Changpeng Zhao was formerly thought to be the richest inmate in the nation, with Forbes pegging his net worth at an astounding $61.6 billion. He spent four months in a low-security California prison after admitting that Binance, the cryptocurrency exchange he founded, did not comply with Know Your Customer (KYC) regulations, a breach of the Bank Secrecy Act. On Sept. 27, 2024, Zhao was released, two days ahead of his original release date, which had been set for Sept. 29. This early release was likely due to the original date falling on a Sunday, giving the prison authorities the option…