Czech National Bank explores adding Bitcoin and other assets to reserves for diversification, following Governor Michl’s proposal.
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Czech National Bank Eyes $7.3B Bitcoin Investment in Groundbreaking Move
The Czech National Bank (CNB) abbreviation may be poised to make history by becoming the first European central bank to invest in Bitcoin. This unprecedented step, part of the CNB’s broader diversification strategy for its foreign exchange reserves, has intrigue across financial and cryptocurrency circles. CNB Governor Aleš Michl is expected to reveal his strategy […]
Binance CZ’s YZi Labs Makes Bold Move, Invests $16M in Token Platform Sign
In a bold move to expand its portfolio, YZi Labs, the venture arm of Binance’s former CEO, Changpeng Zhao, has invested $16 million in the blockchain platform Sign. This strategic funding aims to accelerate blockchain adoption across various sectors globally. YZi Labs Boosts Blockchain Growth YZi Labs, the venture capital arm formerly known as Binance […]
CZ Advocates for Blockchain Use in Government Spending Transparency
Changpeng Zhao advocates for blockchain to track government spending, while Elon Musk’s DOGE explores its potential for fiscal efficiency.
Malaysia PM Pushes for Crypto Policy After Meeting with Binance’s CZ, UAE Leaders
Malaysia’s PM Anwar plans crypto regulations after talks with Binance’s CZ and UAE leaders to modernize the financial system.
Czech Republic Bold Crypto Reforms on ‘Zero Capital Gains Tax’
The Czech Republic has introduced new reforms and tax laws in the regulation of cryptocurrencies. The new legislation enhances crypto growth with tax breaks, banking access, and alignment with EU MiCA regulations for streamlined operations. Czech law ensures banking access for crypto firms and investors The Czech Republic passed a new legislation that ensures fair […]
Cardano Founder Wants Coinbase CEO as Crypto-Czar
Cardano founder Charles Hoskinson has called for the appointment of a neutral Crypto-Czar at the White House. As per Hoskinson, the person should have a deep understanding of the crypto industry, and its unique challenges, and address the government’s past missteps. The CEO of the IOHK identified Brian Armstrong, the CEO of Coinbase, as the […]
Former Binance CEO CZ Released After Serving Four-Month Prison Sentence
Chаngpеng Zhаo, CZ,foundеr аnd formеr CEO of Binance, wаs rеlеаsеd from а U.S. fеdеrаl prison on Fridаy, Sеptеmbеr 27, аftеr sеrving four months for violаting Anti-Monеy Lаundеring (AML) rеgulаtions. In Novеmbеr 2023, Zhаo plеаdеd guilty to fеdеrаl chаrgеs for not еstаblishing еffеctivе AML mеаsurеs аt Binance, thе lаrgеst cryptocurrеncy еxchаngе by dаily trаding volumе, аs […]
Binance and Former CEO CZ Face Class-Action Lawsuit Over Alleged Money Laundering
Binance, thе world’s lаrgеst cryptocurrеncy еxchаngе, аnd its formеr CEO Chаngpеng Zhаo (CZ) аrе fаcing frеsh lеgаl troublе. Thrее crypto invеstors hаvе filеd а clаss-аction lаwsuit аgаinst thе еxchаngе, аccusing it of fаcilitаting monеy lаundеring аnd prеvеnting thеm from rеcovеring thеir stolеn аssеts. Thе lаwsuit, filеd on August 16 in thе U.S. District Court for […]
CZ Sentenced: Binance Founder Faces Four Months In Prison
In a courtroom drama that captivated the cryptocurrency world, Binance’s founder and former CEO Changpeng “CZ” Zhao was sentenced to four months in prison by U.S. District Judge Richard Jones. Delivered against the backdrop of heated arguments from both sides, the sentencing took place in a Seattle courthouse, according to the latest report. Binance’s Compliance Oversight […]