Binance Blocks Thousands of Customer Accounts from Iran Due to U.S. Sanctions
This is due to sanctions from the United States Some customers have had their accounts blocked without explanation The world's largest cryptocurrency exchange Binance has blocked thousands of customer accounts from Iran. This is done because of U.S. sanctions. ...
Poloniex to Pay $7.6 Million Fine for Violating U.S. Sanctions
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) announced an agreement with Poloniex exchange management. The site will pay a $7.6 million fine for violating sanctions. According to the regulator, the cryptocurrency ...
Challenges of CBDC Adoption in Islamic Banking Systems
The Islamic states have been alerted by the International Monetary Fund (IMF) regarding potential challenges that local banking systems may encounter when introducing digital currencies of central banks. According to IMF experts, the uneven development of Islamic banking and a limited number of c ...