Bitcoin is going through a big change, and people have different views on its nature. Some see it as a currency for daily transactions, others see it as a modern equivalent to gold as a store of value, and still others see it as a decentralized.
JinseFinanceThis article discusses different categories of Bitcoin yield products and highlights the importance of localized design in reducing trust reliance and counterparty risk.
JinseFinanceThe blockchain gaming token economy may have underperformed in the last cycle, but GameFi executives say it’s not going away anytime soon because it’s one of the key ways to build a player base.
JinseFinanceAfter virtual currency is stolen, the victim can report it to the police. If the conditions for filing a case are met, the public security organs should also accept and file the case.
JinseFinanceIf you use virtual currency to pay wages to domestic employees, will there be any legal risks?
JinseFinanceSince 2017, Binance has been striving to obtain a phased 'partially legal' status in certain global regions through diplomacy, acquisitions, joint investments, philanthropic funding, and other means.
CaptainXBinance and CEO Zhao Changpeng admit intentional violations, facilitating billions in unregulated crypto transactions. Zhao resigns as CEO, faces potential 18-month sentence. Legal battles continue over sentencing and extradition. Binance.US claims independence from Zhao's governance.
CaptainXBinance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
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